ETC, very short trade part 2

28 févr. 2018

Follow up of my previous analysis. Looking for more down to 26$ or signs of calm around 30$ at the green bounce area for a flat correction (very bullish).
Fits my BTC USD projections too
Fork is still on March 5th, but it does matter only if the whole market (both crypto and "real" stocks recover)


ETCBTC should remain calm in the meantime as long as 0.0032 is not breached for a long time (only short pierces and instant rejections are good signs, sliding down in the blue zone is NOT)
Bullish invalidation level still at 0.0029btc



Previous analysis :

1 mars 2018

Transaction en cours

32$ small order filled

will take scalp tradestack profits in one minute for 5%, rest on stop loss around entry. Rebound is weak
Waiting for real breakout or a final correction to add more

3 mars 2018

Note

ETC landed on both our blue support and area of reversal zone, but our buy did not get filled yet. Expecting lower. If yours did, you can sell for profit now, or put stop loss at entry on the support and let it ride

We hit the minimum correction needed to resume uptrend, and now it will depend on BTC's next move. I still expect lower, but you never know

However, I expect BTC to outperform ETC anyway. Will not enter ETC again until better reaction on both BTCUSD *and* ETCBTC charts

6 mars 2018

Transaction en cours

26 USD target hit
etcbtc on support
Small trade stack advised (airdrop is passed)

Trade active, with tight stop loss

6 mars 2018

Note

Not convinced by either ETCBTC and ETCUSD

Taking some scalp profits for 2.5% to pay for the stop loss, and be risk free. But I still expect some up in both (dead cat bounce, nothing too big)