Overall daily RSI and chart look very bearish. 4hr RSI looks like a good buy opportunity coming up. Here are two possible scenarios:
Blue scenario, wave 4 bounces off of the golden pocket at 11.95-11.79 up to wave 5 at a target price of ~13.91 where ETC has been hitting lower highs at the .214-.236 pocket.
Red scenario, daily ETC downtrend continues down to potentially 9.80, before making a short term bounce back up.
Not investment/financial advice, just for observational/educational purposes.
Blue scenario, wave 4 bounces off of the golden pocket at 11.95-11.79 up to wave 5 at a target price of ~13.91 where ETC has been hitting lower highs at the .214-.236 pocket.
Red scenario, daily ETC downtrend continues down to potentially 9.80, before making a short term bounce back up.
Not investment/financial advice, just for observational/educational purposes.
Not
RSI on 4hr and daily chart nearing oversold.Not
~9.80 Target hit at 9.84 before a quick 73 cent bounce on Bitfinex. However, there may be more in store for the bears on daily chart. There is very little in the way of falling to $7.11 and below.
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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.
İlgili yayınlar
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.