AlanSantana

Ethereum Classic vs Bitcoin Consolidation

Long
BITTREX:ETCBTC   Ethereum Classic / Bitcoin
The bulls have the upper-hand here.

Ethereum Classic peaked 6-September vs Bitcoin.
A strong correction followed which ended in a sudden stop, flat.

Going flat at exactly the 0.618 Fib. retracement level which is the Golden ratio and at the same time MA200 support, on low volume, is a strong giveaway if you are into reading the charts.

Some more consolidation yet at any time, ETCBTC can shoot up.

A drop is always possible but low propbability at this point.
Support remained intact 8-9 Nov. when we had a strong drop all across... If it didn't fail back then, now we just wait for the move up.

Namaste.

🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com

🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com

🔥 Lowest Prices Ever ➖ PREMIUM LIFETIME Access (Perfect Entry-Timing)
lamatrades.com (Since 2017)
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.