Price dropped bellow the support line of 22800 (validated by vol profile) , and now retest the resistant black line, Expected to drop to 21200-21300.
Price dropped below the Support line ( which was validated by volume profile ), it expected to drop and touch 1460, about 8%
In phase D of the Wyckoff scheme. I would buy ONLY after the price passes the High of SOW. The TP would be based on the volume profile of a higher timeframe.
ETCUSD , Passed the oblique resistance and will rally about 12-15% up to 22.60. The volume index supports the breakout.
The ETC started its long run, will have retrace to 24.68 then will jump to 27.
As shown, the price was closed below the short term trend line. Volume profile supports.
Price break the resistance and closed above. Volume profile support the level being correct.
Target as shown: 0.87045
The price closed below the resistance, the volume profile supports the level being correct.
Up Trend break @ 54.25
Will reach the resistance line @46.25