ETC Falling Wedge breakout

22 thg 11, 2017

ETC formed a nice falling wedge over the last few days and has recently broken out, which is a bullish signal. Currently looking for a confirmation upon the previous resistance of around 0.0021534.

22 thg 11, 2017

Ghi chú

Update: Price has receded back into the wedge. Length of wedge was misjudged and appears to be longer than originally thought. ETC still has the change to burst out the wedge if it sees a significant change in volume.