Simple trend lines. Vertical blue line off to the right is the expected date of the
CLO airdrop. With
BTC volatility I expect
ETC to bounce around inside this triangle until the daily candle closes either Friday or Saturday night. With the way the market is right now there are no guarantees with TA, but with the comparative strength of
ETC in the last few days, and the upcoming airdrop, I expect a strong move up over the weekend.
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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.