ETC Formed Inverse H&S Target $30
Hey guys again today i'm going to analysis ETC/USDT pair on 4hour time frame...
1)First we can see Downtrend line is now Broken and thats good signal and this mean ETC Downtrend converted into UpwardTrend, the first HIGH - Higher Low we have now.
2)We have also Inverse H&S pattern on chart and Neckline now is broken, we can also wait for Retest Neckline and then buy, or we can wait for see good Volume Spike and then buy, so buy at $22 and take profit $30.
3)We can see Volume slowly Decreasing last days and when we can see Volume Spike and its must be above Trend Line then we can buy at $22 Level.
4)When CCI Oscillator rise above +100 we can receive buy signal too, we can sell when CCI touch +200.
Hope you enjoying this chart, so this is short target for ETC, but in long term ETC this year can easily hit $300 when ETH switched into POS )))
1)First we can see Downtrend line is now Broken and thats good signal and this mean ETC Downtrend converted into UpwardTrend, the first HIGH - Higher Low we have now.
2)We have also Inverse H&S pattern on chart and Neckline now is broken, we can also wait for Retest Neckline and then buy, or we can wait for see good Volume Spike and then buy, so buy at $22 and take profit $30.
3)We can see Volume slowly Decreasing last days and when we can see Volume Spike and its must be above Trend Line then we can buy at $22 Level.
4)When CCI Oscillator rise above +100 we can receive buy signal too, we can sell when CCI touch +200.
Hope you enjoying this chart, so this is short target for ETC, but in long term ETC this year can easily hit $300 when ETH switched into POS )))
Comment:
Buy signal is given
Comment:
Target reached $30