ETCUSDT Breaks out of descending wedge.
Updated
If ETC breaks out of this wedge, we might see a big gain coming soon. We will need to watch closely when it comes in contact with the upper level of the wedge; if it falls through or rebounds to new (15min) highs.
TP: 124
TP: 135
TP: 142
TP: 124
TP: 135
TP: 142
Comment
It seems like in the midst of writing it fell through... It is now regaining strength, and ready to hit the upper part of the wedge again. If it gets denied then we're seeing a return to the main big fat trendline, that we've been following so dutifully.
Related publications
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.