chipset

More Up Before Correction

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BITFINEX:ETCUSD   Ethereum Classic
If you follow my previous TA , you should've took partial profit at the level where planned as end of Wave 3.

Depends on your style, you probably just hold remain coins bought previously or add more during Wave 4 correction.

As for now, we suspect that Wave 4 correction has ended and we are heading to final Wave 5 before major correction. Target is around $45 - $46
Kommentera:
seems Wave 4 not ended, because Wave 2 was a sharp correction, then this wave 4 might will be a sideways..

if it doesnt ended at current level, then next support will be at $30.78 before starting wave 5
Kommentera:
current support is $31.97

this is 24% retracement from top of Wave 3. If it doesn't bounce and begin Wave 5, next key level of Wave 4 is between $28.4 - $30.78.

sideways testing our patience
Kommentera:
expecting sideways is ended with a big movement.. watching closely
Kommentera:
by the way.. I never recommend all-in trade. Instead, I always suggest taking profit along they to the top level of the plan.
Kommentera:
we have movement.. let's see how it goes
Kommentera:
what a sideways :)

it's on track by the way.. as expected wave 4 is sideways considering we had sharp correction during wave 2
Kommentera:
final wave.. happy profit
Trade stängt manuellt:
original target was $45 - $46

but seem people over-shill it. then I closed my trade at $41. I consider this is end of Wave 5.

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