moon333

ETCBTC still in falling wedge waiting for breakout

Long
moon333 Updated   
BINANCE:ETCBTC   Ethereum Classic / Bitcoin
ETCBTC has put the hodlers on long wait, the price action is moving in a falling wedge for almost 66 days but in the meanwhile it is giving very easy profits with every stochastic RSI ups and downs sofar calculated almost 29 percent this profit is apart from the upcoming profit which will be generated with a massive breakout as almost every falling wedge endsup with a breakout.
Now the stochastic is again going to move down from overbought to oversold zone it means there will be bit more wait for hodlers,now the price action has only two options left whether to move sideways for some more time or give any breakout but it will never disappoint its hodlers, Insha Allah.

Regards,
Atif Akbar (Moon333)
Trade active:
Massive sell of compelled to break support but ETC has managed to come back, now it is still inside the wedge the support is not broken

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.