Oversold RSI on 6h with strong horizontal and trendline support in this zone makes this a very likely bounce zone. On Daily we also getting close to the 200MA back test after breaking above. All the factor point to a bounce zone with confluence from different indicators and support. Targeting most recent swing high makes for a potential 50 plus % return for a fist target
Possible bullish setup here with Bullish divergance showing on the RSI and MACD. Just over the golden zone pullback of the previous move. Looking for volume price to break from the wedge structure and push on on retest. Target 1 is top of possible channel.
We seen a decent run every time ETCBTC has shown bullish divergence and we have another setup at the moment with strong previous horizontal support to strengthen a case for a potential bullish breakout in the near future. 2 targets marked. RSI and macd showing divergence on multiple time frame
Divergance forming on the 4h already and is already prominent on the 1 hour. Most likely count for this structure is an ending diagonal for the 5th wave of the A in this corrective struct. 1.17 region looks like a solid short term target before we head further down for the C wave.