this is it. legging in from ethereum to ethereum classic. 4 hr chart moving average crossover buy in.
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didn't purchase yet. noticed moving averages were crossed on the 5 min so looking for a better buy in but the overall theme exists. due to the top channel of ethereum being around 350, it could mean that classic retraces here down to 15 dollar range in which the breakout of ethereum would cancel out theory. all in ethereum for now as it tests the lower wedge.
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didn't purchase yet. noticed moving averages were crossed on the 5 min so looking for a better buy in but the overall theme exists. due to the top channel of ethereum being around 350 it could mean that classic retraces here down to 15 dollar range in which the breakout of ethereum would cancel out theory. all in ethereum for now as it tests the upper wedge.
@yeshuyesh45, no target. this is all based on the idea to capture the move in ethereum. the monitoring in ethereum classic is the short setup. haven't looked at targets in ethereum if it breaks top wedge because it will take a few days at least to get up to 400 and 420 range to retest old highs. if ethereum doesn't break through wedge and reverses staying in the channel, then i will re-examine etc for a buy in. if ethereum breaks bottom channel on the way down then it will be a ten bagger trade possibly.