ETC has been forming a massive descending channel since February. The price is sitting in the horizontal support zone which means 0.786 fib level of retracement from the top. There is also a bullish divergence on 4H which confirm the bias.
I take a long here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
I take a long here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
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Disclaimer
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.