ShanghaiCrypto

ETC Moving Toward Resistance

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ShanghaiCrypto アップデート済   
BITFINEX:ETCUSD   イーサリアムクラシック/米ドル
A number of bullish signs for ETC: increasing On-Balance Volume, MACD turned positive, and we have a bullish crossover on the 5 and 12 period EMAs. RSI hovering around 60. Looks like a potential buy, but the 50-day EMA has been acting as strong resistance. If I were looking for a quick scalp, I'd sell right on the 50 EMA. Instead, I'm waiting for a close above the 50, which in my mind would be a good sign of potential moves to the upside in the medium term.

Any strong move to the downside invalidates all of this.
コメント:
Still holding on to this. So far so good.

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