indisguise

ETC - SECOND WAVE POSSIBLE

indisguise Uppdaterad   
POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
etc looks bullish, second wave possible.
i think the price could bounce from one of these three levels.
Kommentera:
we have lost volume and momentum.
so i would say we must wait one day for breakout.
Kommentera:
first checkpoint around 17.9 passed
Kommentera:
second "checkpoint" around ~15.8 reached
Kommentera:
we reached our last "ceckpoint" around 17.0 but the btc dump was harder than expected. now we need patience and don't forget your stop loss.
Kommentera:
have a look at the blue dotted lines, price forms a falling wedge.
this pattern is generally bullish and signals a possible reverse of the trend.
we could see a price break upwards through the wedge.

but keep in mind, we need an stable btc (above 2.100) for this scenario.

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