Near hitting the target and the 1W Support. Short intact.
After breaking the 1D Ascending Triangle (oversold STOCH = 19.801, STOCHRSI = 0.000, Williams = -95.573), ETCUSD has sharply decline forming an aggressive 4H Channel Down (RSI = 32.215, Highs/Lows = -0.5934). The price is now near our TP = 9.5050 and also the supporting ling of the 1W Falling Wedge, which is the commanding trend provider on the long term. Crossing 9.000 is a psychological barrier that will set the bar for ETC much lower (7.000). Update wil follow to cover this scenario.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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