Not sure what this is, but ETC is probably going to reverse and pamp around the fibs between $12-$14. Additionally, there is weekly bullish divergence on the MACD. Bearish momentum is decreasing.
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ETC one of the few cryptos breaking above their trading range. Let's see if ETC can close the week above its Value Area High at $16.42
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Holy MosesNote
Sold most of my ETC as price is running into a Weekly VPOC / 200 DMA. Today's volume > Yesterday's volume, but body of candle remains smaller than yesterday's indicating sell pressure. Should price continue to go ballistic to the upside, next target would be the .618/Yearly VWAP at $30-$32.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.