ETCBTC long - daily chartETCBTC hit all time low on the daily RSI and then reversed and crossed over 30.
A two month old trend line has been broken to the upside. There is a positive divergence as well.
Target is a previous support now resistance from 3 different times where price reversed.
Buy at: 0.0018-0.00182
Stop: 0.0015
Target: 0.00318
Risk/Reward: 8.5
Good Luck!!!
Etcbtclong
etc long term chartetc story is bit intresting
so lets try to undersatnd wht is happenning out here so take a look at chart
etc price in jan,17 = 0.00125-0.00150
etc went in may,17 = 0.00675-0.00912
then again a dip in july,17 = 0.00315-0.00335
now again will go up in 5th oct,17 = 0.00565-0.00595
then etc can pump a big upto 0.012 otherwise next dump will bring etc down to 0.00491 level like (july,17)
and then again same pattern
ETCBTC - Bullish Bat Pattern CompletedBat pattern has completed and reacted briefly, price has gone back down for a retest.
The equidistant channel support line seems to be holding strong, suggest to buy after this closing candle.
Area of interest to buy : 0.007416 to 0.007521
R:R at 1.3 (TP1) and 2.3 (TP2).