Lets get right into it. We are looking at a 2h ETCBTC chart. As you can see we have had a normal uptrend, and thereafter a retracement. We have at this very moment retraced 61,8 %, and normally we can soon expect, if it is healthy coin, a reversal.
And that is exactly what we can see is about to happen here. D4rkEnergY has drawn a descending for you, which is a sign. It basically means that the bears in a downtrend are losing momentum more and more.
The decline of is emphasizes this too. And the shows that the coin is almost oversold. is about to make a cross.
So dear, beloved followers, be ready, be prepared to make money... But only if....
As always; We NEED confirmation. We want to see a breakout. Most of all a nice and big candle with good volume!
You are welcome, guys!
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