ETC Falling Wedge breakout
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.
Note
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.
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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.