ETC uptrend as I see it
Aggiornato
ETC has been fairly quiet since it's last rally but it's been in a channel and near some long supports. The weekly RSI has a clear level for resistance/support which I've circled. You can see where it's bounced and failed. It currently appears as if it's bounced and looking to rehold.
if it does, I'm thinking a bounce to the top of the channel, retest of the long term support. If that long term support holds, 2021 could see it move.
if it does, I'm thinking a bounce to the top of the channel, retest of the long term support. If that long term support holds, 2021 could see it move.
Nota
We are sitting at the last major resistance to start following through with this idea. RSI/MACD all looking good so farNota
Trade chiuso: obiettivo raggiunto
Target reached - I'm seeing a pull back to $11, before moving up and out of the current structureNota
This played out pretty perfectly. Here's what I see next - ill publish this soon:
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