ETC is getting into oversold territory. Check out this daily RSI, ridiculous. I don't think I would short it with this type of strength, but we definitely want to keep an eye on it if it comes crashing down. As of right now just above the $5 area is the zone to look for.
Happy trading and hodling.
-Sherem
Happy trading and hodling.
-Sherem
Nota
*overboughtEven though ETC spiked through significantly to $12, my resistance line is holding up. i have a buy set at $5.26 to try and scoop up a spike down.
Nota
Looking at it more, 5.76 might be more appropriate. hmmm...Nota
Wow, what a move. I was looking at this the other day thinking it might be forming a oddly shaped bull flag and move higher but didn't think it would move that quick or possibly form. The question is now, does it continue higher? And will this same bull flag take hold on a coin like Dash that has been moving in conjunction with coins like ETC? hmmmmNota
I am still not touching this one at the moment. Plenty of other opportunities to not worry about chasing ETC
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