Previously, I shared ETCBTC chart to show the similarity with the Psychology of the Market Cycle, and stated that I believed we were passing the "Disbelief" phase.
I still think the same way.
Today I realized that ETC holds strongly at 0.00198 level as it did last huge BTC drop. IF -it's a big IF- it doesn't break that support, it is quite likely that we would see a "double bottom formation". In that case, my target will be 0.00283 BTC.
Note: I'm a rookie in crypto world, but I keep reading TA books in my spare times. I have faced the "bear market" for the first time, therefore most of my previous analysis was failed. Trying to learn more everyday, and I suggest you the same.
I still think the same way.
Today I realized that ETC holds strongly at 0.00198 level as it did last huge BTC drop. IF -it's a big IF- it doesn't break that support, it is quite likely that we would see a "double bottom formation". In that case, my target will be 0.00283 BTC.
Note: I'm a rookie in crypto world, but I keep reading TA books in my spare times. I have faced the "bear market" for the first time, therefore most of my previous analysis was failed. Trying to learn more everyday, and I suggest you the same.
주문취소됨
Double bottom formation didn't complete.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.