ETC Fractal Repeat of the old cycle

There is a structural phenomenon in the market that has been observed on both bullish and bearish side for hundreds of years, that when stock move, they move in sharp momentum bursts. A good momentum burst candidate has 3 to 20 days consolidation prior to range expansion day.

ETC has been one of the best coins out there in past... drawing show everything.

Again, we are in the initial stage of the old cycle where BTC is correcting, XRP wanted to overlap BTC but failed, now time ETC shows it's strength. Study what happened in May - July 2017.

Ordine annullato:

InH&S on BTC/USD chart and H&S on ETC/USD. Probably will see another pump on BTC and almost all altcoins will fall. Use stop loss anyway.

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