20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Ethereum Classic (CRYPTO: ETC) is trading higher by roughly 7% to $16.91 during Tuesday's session. Shares of several popular altcoins are trading higher following a report suggesting the U.S. federal appeals court ruled the SEC was wrong to reject Grayscale's spot bitcoin ETF application.
Why It Matters
Positive regulatory developments can create a ripple effect across the entire cryptocurrency market. If the court ruling suggests that the regulatory environment is becoming more favorable for cryptocurrency-related products, this could boost investor confidence in the sector, benefiting Ethereum Classic along with other cryptocurrencies.
If the court ruling signifies a broader recognition and acceptance of cryptocurrencies beyond Bitcoin, it could lead to more interest in established altcoins like Ethereum Classic. Investors might view these altcoins as potential growth opportunities.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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