23$ is one of the most important levels on this chart. For the past 4 weeks ETC has been regarding it as support.
- Bullish Divergence on both oscillators and all higher time frames. - Bullish Dragon broken and backtested at support. - Rising volume after consolidation and break of the spine. - Holding 23$ as support and the 200MA. - Weekly reversal candles confirmed for now.
Most coins don't look great, but this one does. I'd be cautious and not over allocate.
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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.