Consolidation patterns forming on the 4 hour with declining volume and what looks like will be an inside bar (unless it changes within 7 minutes). ETCUSD is about to break one way or another. Pay attention to a spike in volume, and wherever the price goes on that spike, it's going to continue in that direction fairly substantially. We could see a 10-20% move (20 on the high side).
Feel comfortable on the volume spike and rising prices (need both) to follow an upswing, or a short if the reverse is true.
Feel comfortable on the volume spike and rising prices (need both) to follow an upswing, or a short if the reverse is true.