I was drawing support/resistance levels and suddenly this came to my mind. What do you think? A cup!!!! LOL But who knows it might end up like a cup. Ignore the fancy arc...I've drawn the key levels(support/Resistance) to be watched.Beginners who find it difficult to follow the price movement just secure some of your profits at each levels Targets 0.0048 0.0058 0.0075(long term)
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It must reverse at the circle zone.If failed to reverse ,it will move to the second circle.Even if it reverse at the first circle I believe it will not move beyond the red resistance.need to retrace lil bit for strong breakout
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Reversal at previous low 0.003 is also possible
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Reversal confirmed..preparing for next big move
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Possible pullback to 0.0034-0.00355
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We expected a pullback and there we are. It is now at 0.00355. Possible reversal zones 0.00355 0.00348 0.00340 Breaking of the green trend line will give us confirmation of reversal.
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Sorry,I posted the wrong snapshot above.Here is the ETC chart
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ETC has strong support @ 0.00239.I'm expecting a reversal at that level
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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.