ETC - 5 wave up; wave 2 complete or nearing completion
ETC is a strong alt coin for 2018 and has been making steady gains since April 12th.
This is a good example of previous resistance levels now acting as support (Red line).
We also have a formed wedge which could provide the catalyst needed to begin wave 3.
Looking at the larger picture, if this pattern plays out we have a cup+handle formation with the breakout occurring on the 5th wave up, which could result in 100% or greater profits from current price level.
This is a good example of previous resistance levels now acting as support (Red line).
We also have a formed wedge which could provide the catalyst needed to begin wave 3.
Looking at the larger picture, if this pattern plays out we have a cup+handle formation with the breakout occurring on the 5th wave up, which could result in 100% or greater profits from current price level.
Nota
ETC broke support but bounced off the longer term trend.Nota
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.