Ethereum Classic (ETC) Bearish Divergence, drop likely.

2018년 7월 31일

ETC has been on my watchlist for a while, and recently closed my position in anticipation for the sell-off after a 2.4% gain.

Trade can be found here

Due to the bearish divergence on the RSI, it is very possible ETC will drop, so this could be a good short position.

How to trade:

Buy in: On or above the white trendline

Sell Target
Around 2169 if this idea plays out like last time.

if we break above, this will be invalidated and a long position might be a good idea. I think it's going to drop, however.

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2018년 7월 31일

노트

This would be the idea long scenario.

2018년 7월 31일

노트

If this closes below, bearish will probably happen

2018년 7월 31일

노트

This is my ideal buy in position. If it drops below would seem like etc is more bearish.

2018년 7월 31일

노트

Added 10% of my position right here.

2018년 7월 31일

노트

50% at 2074
50% at 2065

Stop loss is market and manual.

2018년 7월 31일

노트

First sign of support here.

2018년 7월 31일

거래청산: 타겟 닿음

Closed 50% at 1.35%

2018년 8월 1일

거래청산: 타겟 닿음

Closed 25% at 2103

2018년 8월 1일

거래청산: 타겟 닿음

Final 25% at 2125

2018년 8월 1일

노트

If i didn't ladder sells, would have been over 2%. No regrets though. Better safe than sorry.