ETC is approaching a critical point. If the price movement continues to follow a descending triangle pattern we will soon reach a breakout point. When that happens we either go up or down. I have included a possible bottom for a downward movement and a possible target 1 for an upward price movement when the breakout does happen.
We have to wait and see that this plays out as a complete descending triangle before I can confirm an entry point.
We have to wait and see that this plays out as a complete descending triangle before I can confirm an entry point.
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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.