ETCBTC - Breakout and into the first battle of FIB 0.236

Resistance has been hit and the battle rages on.
Break the resistance, set new support and continue raging into the night.

(First chart post - let me know what you think)

Kommentera:

BTC could ruin the party.
With a BTC/USD falling wedge breakout on the 4hr chart, things aren't looking so great.
Expected resistance was met and we could not close a crucial 4hr candle on the ETCBTC chart. Double green 4 hr candle deep past the 0.236 line would of shown likely adoption of a new level of support.

BTC rally timing (as always) is poor.

Signs to look for - watch for close of daily etc candle above yesterdays opening - even if red - shows solid support for this coin.

I wouldn't give up yet :)

Kommentera:

False flag with BTCUSD. Down she comes. More FUD?

Either way - she's taking others with her...