Can ETC BLAST it's way through the daily line??
ETC is in an interesting position right now. It's been a great ride up, but now can it keep going?? It has been high basing it on the 1hr, and the higher timeframes say yes, this will happen. Minimal entry is cool until we Supersmash our way through the ceiling! Good target would be 11.60!
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What I really wanted to point out was this, sorry I'm still getting the hang of this. A good pullback is likely before and if we take out that ceiling, thus a small entry. It's this daily that gives me optimism.
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We're breaking free! Now let's hope we can hold it! Tight stops underneath that blue line!
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Approaching 11.60 Strong resistance.
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Right up against this daily fib at 17.27 approx. Lol might be a good time to take some profit. May or may not be a sizable pullback.