ETC next 2-3 weeks
Elliot Wave might be too premature, just decided to mess with it giving there are strong fundamentals on ETC.
Wave 2 can bounce on fib retracement level and start wave 3. Not convinced on this...
However, we also seem to be near the neckline of a H&S which could bring us down, giving there is lack of buying volume and the general trend is down. This could create a double bottom giving another chance to buy in and pick up volume. That would probably give us more upwards momentum, which atm seems pretty dead.
Wave 2 can bounce on fib retracement level and start wave 3. Not convinced on this...
However, we also seem to be near the neckline of a H&S which could bring us down, giving there is lack of buying volume and the general trend is down. This could create a double bottom giving another chance to buy in and pick up volume. That would probably give us more upwards momentum, which atm seems pretty dead.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.