ETCEUR: Monitoring the consolidation here
I came to the realization that ETCEUR potentially offers us more upside than $ETHEUR, once both trigger a new T@M uptrend signal, probably by the end of the month. According to my projections, $ETCEUR could go as high as roughly 210 Euros within 10 weeks, after breaking a previous week high, during the week starting on July 31st. My reccomendation is to hold off from buying until then, specially if it consolidates here, showing that it is being accumulated for a new mode higher. This trade will offer a nice hedge, against our intended $ETHEUR long positions too.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Trade ist aktiv:
Me and the DAO hacker are now long $ETC
Me and the DAO hacker are now long $ETC
Kommentar:
Strong reaction to support:
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The long is now in profit.
The long is now in profit.
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Once we climb back above 15.40, we can hold with low risk, until the next signal in $ETCEUR weekly triggers
Patience is required.
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Two or three weeks left, before we can break out here in $ETCEUR
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It's on like Donkey Kong.
It's on like Donkey Kong.
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$ETC is acting as an $ETH hedge here. I think it is wise to have equal weight in both if long.
The ratio is in very strong footing here.