ETC uptrend as I see it

17 dic 2020

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.

10 feb 2021

Nota

We are sitting at the last major resistance to start following through with this idea. RSI/MACD all looking good so far

10 feb 2021

Nota

21 feb 2021

Trade chiuso: obiettivo raggiunto

Target reached - I'm seeing a pull back to $11, before moving up and out of the current structure

29 ott 2021

Nota

This played out pretty perfectly. Here's what I see next - ill publish this soon:

4 dic

Nota

That triangle failed and went the other way.

I'm not seeing any real clear pattern from the way I look at charts that tells me something is imminent. We are in a bull alt season so a high tide raises all ships. I'll post an updated screenshot here in a moment of the fib levels and major resistance blocks that it needs to go through.

Most top 50 crypto have not hit ATH yet (BNB, BTC, and maybe a couple others), so the 0.618 retracement levels feels like a short term target if it's going to move. $76 range