ETC.usdt Break Out on track: Possible pullback then JUMP

Followup to my previous Call of Breakout (click).

ETC thus far has been moving exactly as expected.
Bulls have pushed past strong resistance with vigor.
Above is one more hurdle before much open space.

Pullback possible at ANY moment so place limits at supports.
Profit taking at expected resistance zones is recommended.
My strategy is to sell some at each hurdle, buy back lower.

5.3811-5.4872 is the "Decision Zone", consolidation possible.
5.0478-5.0947 should be Strong, if touched it better bounce hard.
4.4157-4.4544 will be moderate support, best not go that low.
4.0035-4.0421 is Bulls Last Stand, below which is pure doom.

5.7400-5.7789 is first resistance, already caused some profit taking.
6.3000-6.3196 if reached, will likely cause a significant pull back.
6.6538-6.8115 if reached, will very likely end the wave upward.
7.2209-7.3440 if reached, will surely cause a massive pullback.

I will post updates as the move progresses, or things change.


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See some of my previous plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

EOS top Call (near perfect plot)
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX bottom call(200% gain, Perfect target)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

Comentário:

Minor Update

Original Scale:

Pulling back as expected but not much movement yet
Resistance zone was noticed, pierced, then rejected.

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Zoom IN (15min)

Clear reactions to the Zone and subsequently lower rejections.

Adding a fib to the bounce:

Now we see what that top wick hit before retracting.

Added above fib to original structure, made adjustments to some zones:

Looks likely to come back to the "Decision Zone" in grey.
There is a support zone just on the top bound of that grey zone.
If approached, bulls need to bounce it there to stay out of in-decision zone.

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SUMMARY:
- Proceeding mostly as planned: It this resistance and is pulling back.
- New fib of the bounce has caught many of the turns and so it is a keeper.
- Key 1st support is $5.4092-5.4872 which if hit, had better bounce strong or we fall into the grey zone.

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