meszaros
Long

The ETCXBT rate is slowly rising...

KRAKEN:ETCXBT   ETC / XBT
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The ETCXBT rate is slowly rising. It can not be excluded for a momentary liquidity shortage, a shrinking spike. However, we are expecting a slow, but gradually increasing, 0.00321439 level first. According to our strategy, this level is already suitable for long entry. Two correction axes are visible against the rise. The first 0.003906 at the second 0.004806 levels. According to our strategy, correction is expected between the two axes. After the completion of the correction, we assume a new rise up to the level of 0.00655333.
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