With the explosion of Ethereum Classic’s imitation coin rally
there will be more and more fake breakouts
back then, how hard the fakes dropped
this time, how strong the rebound will be
many fake coins, judging from the monthly chart, show a typical bearish divergence structure
I don’t need it to make new highs like ETH
but there is still quite some room for the rebound to reach the central range
yesterday I placed a lot of ETH buy orders
pulled it up slightly to the average price of the ETH long position for the BTC trade
BTC opened a bit higher
so I had to sell out; I then added BTC ($BTC )
there will be more and more fake breakouts
back then, how hard the fakes dropped
this time, how strong the rebound will be
many fake coins, judging from the monthly chart, show a typical bearish divergence structure
I don’t need it to make new highs like ETH
but there is still quite some room for the rebound to reach the central range
yesterday I placed a lot of ETH buy orders
pulled it up slightly to the average price of the ETH long position for the BTC trade
BTC opened a bit higher
so I had to sell out; I then added BTC ($BTC )