Our newest Ethereum Classic buy order is in front of you! Take a look at how the market has been performing and how we set up this trade.
We have scaled into ETC here following our last buy order which was back in March. Since then the market has continued to sell off and break all-time lows v's Bitcoin. We have waited for a daily double bottom to confirm on the good volume before adding to the trade. Price has since pulled back to the old resistance and EMA support levels. Daily MACD is recharging and the higher timeframes are all showing a bullish shift in momentum. Trade size is still small as we slowly accumulate in the bear market and look for more favorable conditions to start scaling out. Trade is invalidated on a break of the lows.
Long term AltocinPro Trade
Entered: ETCBTC 0.000xxx
Stop: ETCBTC 0.000xxx
Target: ETCBTC 0.000xxx
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