ðĨ ETC Falling: Bounce From Resistance
Over the last couple of weeks, ETC has been trading alongside a strong resistance. After several failed attempts, the ETC is falling again, boosted by negative sentiment in the market.
In my view, we can see much more bearish price action in ETC. I'm looking at the blue dotted line for a potential entry. Once we close below that line ($30.4 or so) we will likely see more selling occur, so be patient.
Targets in blue placed at recent areas of support.
In my view, we can see much more bearish price action in ETC. I'm looking at the blue dotted line for a potential entry. Once we close below that line ($30.4 or so) we will likely see more selling occur, so be patient.
Targets in blue placed at recent areas of support.
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