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MJMeetya
8. Nov. 2017 17:05

Ethereum Classic getting ready for short (vs USD) Short

KRAKEN:ETCUSD1D
Ethereum Classic / U. S. DollarKraken

Beschreibung

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Obvious double top before.

Lower local high now.
High (Stoch) RSI - lines crossing.

BTC and USD graphs aligned.
(check Related Ideas)

If it is not dipping fast we might have a different scenario.
(check similarity between green flags)

Kommentar

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One of the weakest after BTC correction started:
Bitcoin $119,081,310,655 $7142.62 $4,858,900,000 16,671,937 BTC -4.06%
Litecoin $3,340,450,352 $62.15 $310,477,000 53,745,082 LTC -0.27%
Bitcoin Cash $10,586,837,308 $631.17 $834,960,000 16,773,300 BCH -0.28%
Ethereum Classic $1,361,480,536 $14.00 $149,360,000 97,272,233 ETC 0.63%

Majority of the coins has 2 digit profits in last hours.
This 4 showing some weaknesses.

Kommentar

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Thing are a bit complicated at the moment.
Lines did not cross. Waiting for confirmation!

Kommentar

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Trend still not clear. ETC hold quite well today when everything id down!

Ethereum Classic $1,389,738,652 $14.28 $264,384,000 97,311,775 ETC -0.42%

Order storniert

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Pump!
Trend AnalysisTechnical IndicatorsWave AnalysisethereumclassicFORK
Kommentare
NoCode326
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Yeah, with all do respect, wrong trade. Had breakout written all over it. Also the ETC event Nov 13, 14 is a non - technical buy indicator. Way too many reasons to buy, none to sell. BTC has reached its peak for the next 12 - 18 months, mark my words.
MJMeetya
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@NoCode326, there was n trade. I put trade active when I trade something. Thats why I also stated "getting ready" not "ready" and in the comments and explained why it is not time yet. However, I also see the high probability of BTC being ATH for some serious time. We will see that after the next dip, but will still be strongly buying the dip and watching closely again in order to be able to adapt.
MJMeetya
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@NoCode326, also agree event makes it more probable to get out of the channel. I can usually tell that with really high probability one day before the breakout. Watch my future ideas and u can self-confirm it.
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