Actually, we can suppose that the price completed a corrective pattern in the form of a bullish triangle and now it should be ready to move higher very soon. We are trading large 4 hour pattern here so the main target should be the top of the structure at $76 and the next resistance zone close to $82.75
A minor resistance area is close to $70 but anyway that will depend from the price developments as it can be transformed also in a major resistance zone that may push the price lower again.
Thank you and Good Luck!
A minor resistance area is close to $70 but anyway that will depend from the price developments as it can be transformed also in a major resistance zone that may push the price lower again.
Thank you and Good Luck!
Comment:
ETC: The price is moving good here
Trade closed: target reached:
ETC: Target 1 reached +9.55% increase from my our price
Trade closed: target reached:
ETC: Target 2 reached +19%
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