belfordz66

ETC block reward decrease moon shot

Long
belfordz66 Updated   
BITFINEX:ETCBTC   Ethereum Classic / Bitcoin
as the title suggests.
Trade active:
Looks like we've achieved a bottom / support level, and its stabilized at the 200MA.

We really can go either direction here, and IMO it's largely going to be dependent on BTC's performance. If BTC/USD does well, ETCBTC will likely also do well, meaning ETCUSD will be insanity in this event.

At the same time, the risk/reward balance is IMO slightly in favour of the long position, but should be taken with care.
Comment:
It ull bounce.
Comment:
took a long time.. but it bounced.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.