BTC/ETC ripe for the picking

in #btc7 years ago (edited)

Hey guys,

It looks like ETC is in the prime buying positions.

I've personally done some TA and I found myself in consensus with a lot of other traders.

Below I'm linking some charts to demonstrate the position.

https://www.tradingview.com/chart/ETCBTC/6lvQRlw6-ETCBTC-long-daily-chart/

https://www.tradingview.com/chart/ETCBTC/Vzc3n5GX-ETC-BTC-Etereum-Classic/

It appears we are in a falling wedge and are entering a demand zone.

What i've noticed with crypto trading, is that TA is vastly a self-fulfilling prophecy.
Most traders are new and are heavily involved in TA, this leads to the majority following TA and act in accordance with TA, hence fulfilling the TA.

https://www.tradingview.com/chart/ETCBTC/F4u1vpaK-ETCBTC-Ethereum-Classic-Touched-Resistance/

ETC has reached the bottom and is ripe for the picking.

https://www.tradingview.com/chart/ETCBTC/45Kknotc-ETCBTC-trade-idea/

the above chart shows the potential of a new high.

P.S. this is not financial advice of any sort. just sharing my thoughts and hoping to read yours.

cheers,
N