TradingView
Enccast
Mar 8, 2018 4:34 PM

It lives! (Does it?) Long

Ethereum Classic / DollarBitfinex

Description

Well, seems that our most HODLed crypto (in the last weeks) is trying to give some life signs. The orange line was a support line I drew a couple days ago believing it would bounce there following fib retracement levels. It failed and became a resistance that was now broken. The thing is, the MACD has given some signals, and the RSI has come back from the oversold area. On the other side, since the dump started, KRAKEN:ETCUSD has been moving in between the middle and lower Bollinger bands. The bands are coming together, and it might represent an opportunity for it to go over the average. Let's see is classic is coming... back.
More