donthavename123

ETC looks like a buy

Long
COINBASE:ETCUSD   Ethereum Classic
ETC is the farthest below the 30 MA that it has been in over a year. The RSI is the most oversold it has been in over a year. The stochasic RSI is saying the momentum is still bearish at the moment, but it in prime position for a reversal in the near future. I am expecting a bounce to test the 30 MA in the near future at a price 20-30% higher than it is now.
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.