ETC, time to retrace, mmkay

2022年7月30日

ETCUSDT
ETCUSD
ETCUSDT

Impressive run on Ethereum Classic, stats show it's getting time to retrace.
I imagine ETC will test and reject the blue trendline.

General Stats:
Daily Vol % change: -27.88%
Daily RSI is way up there: 84.33

Short Target #1: 36.9
Short Target #2: 33.8 to 32.1

It is important to rebalance the chart when a level is broken, this also means adjusting targets.

2022年8月1日

註釋

Adjusted my TP/SL from 36.9 to 35.9
Even if this or consequent candle stops out, it's still a great +10% trade.
However I feel like 33.8 is within reach

2022年8月1日

註釋

33.8 Target Reached
However, I'm still in a trade, adjusted my TP to 34.5
Watching the chart on 15m now