$ETC/BTC 12h (#BinanceSpot) Bull-pennant breakout and retest

Ethereum Classic is looking bullish in satoshi and seems ready to push higher after Hashrate went up!

⚡️⚡️ #ETC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 10.8%

Current Price:
0.001758

Entry Zone:
0.001692 - 0.001548

Take-Profit Targets:
1) 0.0019950
2) 0.0023260
3) 0.0025970

Stop Targets:
1) 0.0013190

Published By: @TradingOn

Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25
Expected Profit= +23.15% | +43.58% | +60.31%
Possible Loss= -18.58%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5-6 weeks

Tags: #ETC #ETCBTC #PoW #Mining #Ethash #EthClassic #Dino #Hardfork #SC

Website: ethereumclassic.org

Contracts:
#Mainnet

Trade active:

All entries filled

Ethereum Classic dipped a bit more than expected and seems to have lost 100EMA support.
We are tempted to close here in small loss but we'll stick to the plan for now and see if manages to regain it!

Trade closed: stop reached:

SL hit with -18.58% and -1R🛑

Ethereum Classic never managed to regain 100EMA support and continued the retracement down.