ETC ANALYSIS:
ETC broke out of the falling wedge and pushing 50MA to crossover the 100MA in a bullish manner. I expect a further increase following this move. I expect take profit 1 to be hit just below 1000 sats at 980 sats. T1 is the next resistance band, a break here would make way to easily break T2 at 1020 sats, T3 at 1065 sats, and lastly T4 at 1150 sats. The prime entry zone is from 890-920 sats. Daily RSI and Stoch are cleared for a major run up. Deep support is down at 700 sats. I dont expect deep support to be hit, rather a double top over 1100 sats first!
Possible Entries: 890-920 sats
ETC broke out of the falling wedge and pushing 50MA to crossover the 100MA in a bullish manner. I expect a further increase following this move. I expect take profit 1 to be hit just below 1000 sats at 980 sats. T1 is the next resistance band, a break here would make way to easily break T2 at 1020 sats, T3 at 1065 sats, and lastly T4 at 1150 sats. The prime entry zone is from 890-920 sats. Daily RSI and Stoch are cleared for a major run up. Deep support is down at 700 sats. I dont expect deep support to be hit, rather a double top over 1100 sats first!
Possible Entries: 890-920 sats