Hey everyone!
Today we are going to look at ETCUSD 1D Chart. Coinbase announcement gave to ETCUSD a strong impulse that helped us to leave local downtrend. Now we can see ETCUSD is going to face resistance downtrend line since 02-20. Awesome Oscillator is above 0, but we need to wait till todays candle closes. It is a good bullish sign, but if you are not in long yet, I would wait till we break through yellow downtrend line (not a financial advice).
We are above both 15 and 30 EMA. Also a good starting uptrend sign. Now I'm just worried about yellow downtrend line. Everything else looks sweet and bullish.
Aroon up is also showing buy signal.
Our targets are next:
1. 18 USD
2. 21 USD
3. TO THE MOON, jk, its around USD 25 and 30.
But we need to overcome local resistance levels first, I think bulls have enough strenght to do so.
Going to keep you updated guys!
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!
Today we are going to look at ETCUSD 1D Chart. Coinbase announcement gave to ETCUSD a strong impulse that helped us to leave local downtrend. Now we can see ETCUSD is going to face resistance downtrend line since 02-20. Awesome Oscillator is above 0, but we need to wait till todays candle closes. It is a good bullish sign, but if you are not in long yet, I would wait till we break through yellow downtrend line (not a financial advice).
We are above both 15 and 30 EMA. Also a good starting uptrend sign. Now I'm just worried about yellow downtrend line. Everything else looks sweet and bullish.
Aroon up is also showing buy signal.
Our targets are next:
1. 18 USD
2. 21 USD
3. TO THE MOON, jk, its around USD 25 and 30.
But we need to overcome local resistance levels first, I think bulls have enough strenght to do so.
Going to keep you updated guys!
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!