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zbtmv
2020년 11월 3일 오전 3시 41분

ETC Oversold - Long 

Ether Classic / United States DollarCoinbase

설명

ETC firmly in oversold territory, testing previous lows. Given the coin's resilience last month to very bearish news, and better future news on the horizon with defi compatibility 51% protection and SHA-3, I expect we will see a bottom here soon and then the price will begin to climb toward $8 or $10 in the medium outlook.

액티브 트레이드

Double bottom on the 5 day chart in the $4.70 range, currently trading at $4.91. Support clearly very strong in the high ~$4 range, despite multiple large selling spikes. May continue to consolidate in the high $4 low $5 range before slowly climbing.

거래청산: 타겟 닿음

ETC at $5.35 as of writing. Played out exactly as described here. ETC no longer heavily oversold, so I am closing the trade.
코멘트
AndrewAnderson
Well predicted
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