As explained on my previous idea, ETC hitted the strong resistance at 300k after breaking the different supports.
By doing so, as you could see on the chart here, it generated a strong buy signal on my indicator between the 300k-300k levels.
As you could see ETC is inside a triangle between the purple line (long term uptrend support) and the black line. This triangle should resolve soon.
If it breaks up, first stop should be at 450k and if the uptrend continue, it will hit 545k.
If it breaks down we will revisit 300k and maybe then 250k. If it continue downward the support at 200-210k will be strong.
My indicators predicts a small upward mouvement in the following days in order to test the top of the triangle. Watch it if it break up, it will be a safe signal to buy.
By doing so, as you could see on the chart here, it generated a strong buy signal on my indicator between the 300k-300k levels.
As you could see ETC is inside a triangle between the purple line (long term uptrend support) and the black line. This triangle should resolve soon.
If it breaks up, first stop should be at 450k and if the uptrend continue, it will hit 545k.
If it breaks down we will revisit 300k and maybe then 250k. If it continue downward the support at 200-210k will be strong.
My indicators predicts a small upward mouvement in the following days in order to test the top of the triangle. Watch it if it break up, it will be a safe signal to buy.
Nota
ETC Still inside the Triangle.We should see a mouvement on the following days. Stay ready to buy if it breaks up!!!
Nota
I hope you catch the train when ETC broke up the triangle.
I warned you
Nota
First stop should be 45k where there is a FIB resistance.Nota
I meant 450k.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.