Taking a look at the price of ETC on the weekly. and my god. does it look like we are going to have a flat (few years?) after which our markup will be IMMENSE. reason why? Cause and effect. Larger the cause, larger the effect. Wyckoff suggests that accumulation and distribution are cause zones, and mark up and marke down are the effects. Say ETC accumulates for a...
Technical analysis: ETHEREUMCLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The bullish exit in daily chart was occurred. The RSI is at 51. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. * Price is in the support...
Technical analysis: ETHEREUMCLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The bullish exit in daily chart was occurred. The RSI is at 51. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. * Price is in the support...