DLavrov

ETCUSDT Trend Reversal Signals

Long
POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
Yesterday, the market bounced from 13.00 support level and formed a bullish divergence with RSI. It was a trend reversal signal and we could expect a short term upward movement to MA100 at least. The market moved up and broke MA100. It was an additional signal confirming the trend reversal. Now we can see that price is higher than MA100. DMI indicator confirms strong upward movement. We can expect that the market is going to reach 22.00 resistance level. Tomorrow we'll get trend reversal signal from the daily time frame. It will give us more insight about future prices and new trading opportunities. Probably we'll see new upward movement to 25.00 and 30.00 levels. You should be ready for opening long trades.

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