Rising Wedge on ETC with Bearish Divergence
Hello World!
ETC is showing a Bearish Divergence, plus it's hitting resistance of a Rising Wedge with a strong level resistance above. I don't think we'll see it moon any time soon. Like the rest of the market, I believe a retracement is in order. I'm looking for an entry into 0.618 Fib Level to get a good position in that I will HODL for the coming months. If 'Altcoin Spring' is back, then ETC would be a good hodl for the mid-term since it has a big catalyst coming out, every month, for 3 months in a row.
Cheers!
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My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook, Discord, Telegram, Twitch (twitch.tv/thewolfreloaded), Medium (medium.com/@wolfreloaded) and others that I am currently working on creating. Hope you enjoy my content, cheers!
I charted these live on my Twitch stream. 4/24/2018
ETC is showing a Bearish Divergence, plus it's hitting resistance of a Rising Wedge with a strong level resistance above. I don't think we'll see it moon any time soon. Like the rest of the market, I believe a retracement is in order. I'm looking for an entry into 0.618 Fib Level to get a good position in that I will HODL for the coming months. If 'Altcoin Spring' is back, then ETC would be a good hodl for the mid-term since it has a big catalyst coming out, every month, for 3 months in a row.
Cheers!
----------------------
My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook, Discord, Telegram, Twitch (twitch.tv/thewolfreloaded), Medium (medium.com/@wolfreloaded) and others that I am currently working on creating. Hope you enjoy my content, cheers!
I charted these live on my Twitch stream. 4/24/2018