ETCBTC oversold, going long, no stop loss (don't do this).

ETCBTC has been my most favored altcoin to swing trade. Not only is it offering some nice gains on these s/r levels, but if I were to consider hodling anything as a mid to long term investment, ETC is number 1 on top of my list. I dont even bother with stop losses with this coin (not financial advice). Gaining a position when it takes a dive like this is a bonus. Dont forget trading is risky and these things can go either way on you no matter how good your TA. I highly recommend implementing a good risk management strategy (this bit is financial advice).