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.
Komentar:
We are sitting at the last major resistance to start following through with this idea. RSI/MACD all looking good so far
Komentar:
Trading ditutup: target tercapai:
Target reached - I'm seeing a pull back to $11, before moving up and out of the current structure
Komentar:
This played out pretty perfectly. Here's what I see next - ill publish this soon: