$ETC is dropping to touch middle line of descending parallel channel that is the same with long term support zone between $15.7 and $13.5 and weekly descending support line.
🐻 breaking down from middle line can drop price to support zone around $7.5 and even more dip to lower line of channel around $4.
🐮 holding support zone and rejection from middle...
$ETC shaped double top pattern, and dropped to ascending support that is the same with neckline of double top.
🐻 if bears success to hold the resistance and break down from ascending support, price will drop as high as top to support zone between $19 and $17.5.
🐮 but if bulls overcome the battle and break out resistance zone and descending resistance,...
I just mention all the target and book trade at ETC platform storm gain where the TP I put 49$ price
and a stop loss 44$ now current position is 45.865 its been good day to see a shot like that I just say Hurra like PUTIN
we se long accumulation in descending triangle pattern, and then etc move to 1st wave followed by second wave, before we see the third wave support level etc on 40usd must be arrived, for next long leg movement... (DYOR)
Drew from my touch screen toaster.
Refer to market cycles and market psychology.
Sharing all ideas as public from now on.
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Taking pair request for charting, comment a cryptocurrency pair.
Due to the recovery of BTC, ETC pumped over 40% in 2 days after the volatility warning signals appeared.
The volatility warning signal on December 3 was extremely good. The price dropped 40.72% in one day just after the volatility warning appeard.
ETC Daily analysis :
At present, the price has reached the daily EMA200 long-short dividing line +...