ETC Bearish Short Term; Bullish Long Term
As seen on the 1D timeframe the recent recent green candles haven't really had any volume to them. This is more evident on the smaller timeframes.
Furthermore, given the position of RSI and Stoch RSI, I estimate the price to hover between $3.65 - 4.0 before make the move down to around ~ $2.8
After that drop, its an easy long for around 100%
Furthermore, given the position of RSI and Stoch RSI, I estimate the price to hover between $3.65 - 4.0 before make the move down to around ~ $2.8
After that drop, its an easy long for around 100%
Penafian
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