Is TerraClassicUSD (USTC) about to moon?

Oct 22, 2024

On the above 2 day chart price action has corrected over 80% since November 2023. A number of reasons now exist to be bullish. They include:

1) Price action and RSI resistance breakouts.

2) Trend reversal. higher highs higher lows replace lower highs lower lows.

3) Support on past resistance. Look left.

4) Everything that was said above (1 through 3) is also true for the USTC.BTC pair (see chart below). This level of confluence should not be ignored.

Is it possible price action continues correcting? Sure.
Is it probable? No

Ww

Type: trade
Risk: you decide
Timeframe for long: hours
Return: 300%




2 day USTC / BTC pair

Nov 11, 2024

Trade active

Resistance breakout confirmation.