Crypto Trade Alert: I Just Bought Ethereum Classic

in ethereumclassic •  7 years ago 

I went through Crypto Watson but I didnt find any good buying candidates. However, I noticed that Ethereum Classic has given me a buying signal and I will show you why on this 4 hour chart:

FireShot Capture 576 - ETCBTC_ 0.0030061 ▼−1.38% - Un_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: Ethereum Classic has been oversold for the last 48 hours and I expect it to make a move pretty soon. As you can see we have a bullish divergence on the Stochastic chart. The last 4 hour period Ethereum Classic made a higher low on the Stochastic while it made a lower low on the price. That is a bullish sign.

Now, when it comes to the stop loss level, I would set that around 0,00293 BTC and in terms of entry level, I would try to get in before 0,00303 BTC.

Thats it, if you want to check out Ethereum Classic you can do that over at Bittrex:

https://bittrex.com/Market/Index?MarketName=BTC-ETC

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It's looking really nice
Thanks for the heads up.

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