Time to do *something* ETC!
Still very new, and likely to be making errors, so any thoughts/corrections are welcomed!
It looks to me like ETC has maybe 5 hrs of sideways movement max before it makes a 3rd point on that trendline. Could sink towards the 0.5 Fib but if so I don't see it going much below 0.0032200. If we can get a bit of volume in, maybe look to test that 0.236 Fib and around the 0.0036800 mark soon, although I'm not seeing a lot of signals to suggest that's likely yet.
It looks to me like ETC has maybe 5 hrs of sideways movement max before it makes a 3rd point on that trendline. Could sink towards the 0.5 Fib but if so I don't see it going much below 0.0032200. If we can get a bit of volume in, maybe look to test that 0.236 Fib and around the 0.0036800 mark soon, although I'm not seeing a lot of signals to suggest that's likely yet.
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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.