ETC is facing a critical point and the RSI suggests a downturn however if ETC can just push above this resistance and consolidate giving the buyers a rest then the bulls should be able to stay in control and go for $7
If there's a down turn then bulls have to reset and now consolidate on top of down trend which could result in lower lows
and our third case which is just a complete failure and stays in the downward trend for the bulls to fight another day
If there's a down turn then bulls have to reset and now consolidate on top of down trend which could result in lower lows
and our third case which is just a complete failure and stays in the downward trend for the bulls to fight another day
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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.