TradingShot

ETCUSD Watch these bullish signals

Long
KRAKEN:ETCUSD   Ethereum Classic / U.S. Dollar
Ethereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making.

I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of the 1D MA200 (orange trend-line) which has been holding as a Support since January 04. Also both the LMACD and the Ichimoku are on a Bullish Cross (the Ichi has just done so). This has some similarities with the February - March accumulation phase which also was made within a Channel Up.

In my opinion as long as the 1D MA200 is holding here, we may start seeing a sustainable rally on ETCUSD .



** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> RyodaBrainless

--------------------------------------------------------------------------------------------------------

Join Tradingshot's Account Management program!!
💲💰🚀
*20% monthly profit on +10000 USD accounts.
*Contact me at info@tradingshot.com!

Invest crypto in stocks & more. No KYC, Staking, $2,500 bonus!
https://simplefx.com/n/l16_27151?promo_code=GET5