ETC/USDT profit possibilities
Goodmorning All from Amsterdam.
It is a lovely day so there will be some lovely news. We start the day with the chart of ETC. To know what the future ' MAY' hold for us it is wisely to look back in the history of the price chart. Note what I say. This is not prediction it is just a way to look for probabilities.
Time span from
26 april 2020 - 25 may you see a neutral angle. It is producing higher lows but no higher highs. It 'breaks' out with an up move. note the indicators RSI + DMI it is not significant and the price holds up in an Trading range.
26 July 2020 - 4 September 2020 we see a descending angle in the trading range. Price breaks out bearish and it continue under the middle line of the price.
14 February 2020 - 28 March we again see an Neutral angle. Producing higher lows but not higher highs. It breaks out with an up move.
What we see happening now is an Neutral angle. Higher lows but not higher highs. There is a probability for prices to move up.
Target level (fibonnaci)
1st test will be at the area of $97/$100
Wanna make money ? put a stop order below the test area.
If it holds the test and breaks the test ? next level of retest will $ 115/$117,5.- area.
Quote of the day;
A successful trader studies human nature and does the opposite of what the general public does.
It is a lovely day so there will be some lovely news. We start the day with the chart of ETC. To know what the future ' MAY' hold for us it is wisely to look back in the history of the price chart. Note what I say. This is not prediction it is just a way to look for probabilities.
Time span from
26 april 2020 - 25 may you see a neutral angle. It is producing higher lows but no higher highs. It 'breaks' out with an up move. note the indicators RSI + DMI it is not significant and the price holds up in an Trading range.
26 July 2020 - 4 September 2020 we see a descending angle in the trading range. Price breaks out bearish and it continue under the middle line of the price.
14 February 2020 - 28 March we again see an Neutral angle. Producing higher lows but not higher highs. It breaks out with an up move.
What we see happening now is an Neutral angle. Higher lows but not higher highs. There is a probability for prices to move up.
Target level (fibonnaci)
1st test will be at the area of $97/$100
Wanna make money ? put a stop order below the test area.
If it holds the test and breaks the test ? next level of retest will $ 115/$117,5.- area.
Quote of the day;
A successful trader studies human nature and does the opposite of what the general public does.
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