Here we have ETCBTC charted since 2016 on the Daily.
We can clearly see 3 things:
1: One Triangle
2: One Black Support Line
3: One Blue Target Zone
In the past when ETC built support/closed above the Black Support Line, it has most times made it´s way back to either:
A) The Top Of The Triangle
OR
B) The Blue Target Zone
OR
C) Both (When they are converging)
In our current situation we can see that ETC is Closing above The Black Support Line and that The Top Of The Triangle and The Blue Target Zone are in the same area.
Will ETC once again just like the many times in the past Revisit the same Target Areas? Well don´t ask me, ask the chart!
We can clearly see 3 things:
1: One Triangle
2: One Black Support Line
3: One Blue Target Zone
In the past when ETC built support/closed above the Black Support Line, it has most times made it´s way back to either:
A) The Top Of The Triangle
OR
B) The Blue Target Zone
OR
C) Both (When they are converging)
In our current situation we can see that ETC is Closing above The Black Support Line and that The Top Of The Triangle and The Blue Target Zone are in the same area.
Will ETC once again just like the many times in the past Revisit the same Target Areas? Well don´t ask me, ask the chart!
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.
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.