ETC shows strength, daily swing

Ethereum Classic is at an all-time low and shows some strength.

I would like to buy at re-testing daily support and have it as an intra-week play, probably swing play as well. You can setup up to three targets but remember as soon as possible lock your profits or move your stop loss at break-even (BE).

Why do I like Ethereum Classic?

- shows strength on daily and has created a support
- above monthly VWAP
- 50/100 DMA and has a lot of room to upward

This thesis will be invalid if price will not show any strength at our support.

Komentarz:

Price is at our area of interest, let's see how it will react here one more day if there will be a bullish sign on LTF I am stepping into it and take it long.

Always watch LTF before taking the trade. D1 is the high time frame, and you wanna see some strength on H2/H1 before taking this trade on HTF.

Transakcja zamknięta: osiągnięto wyznaczony cel:

First Target is reached. Take your profits and move SL into profit as well.

Good game.

Komentarz:

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