ETC Weekly RSI has converged and crossed over giving us a Bullish indicator. The Daily chart looks good but we need to break this resistance line in order to see upside. ETC is running out of time before it pops this resistance line and we start to see a space trip.
Buy on break of resistance again look for the volumes. But in general the Bull volume has been coming in in the last few weeks with whales filling their bags.
Stoploss @ 00156853 . if we hit here its safe to say this idea did not turn out.
take profit in marked Zones. Or ride and increase stop limit..
No better feeling then having a stop limit on break even and the trade going strong.
Best of luck.
Follow and leave comments and i will try get back to you.. :)
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We did pop above the resistance line which give another bullish indicator. The one hour RSI was overbought so we are cooling it on a health consilidation
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Zone A reached Congrat to those who have patience. Next stop B
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