We are looking at the 45 mins chart of ETC/USD. We are in an uptrend since the bottom of the market hit and we get constant surges followed by bull flags and triangles. I expect just as yesterday with lower highs and lower lows for ETC to burst with the height of the triangle formed (see dotted arrow) or more. The is stating oversold , the is on the sell side , but it is to be expected because of the short term 45-minute chart. However, the is showing , the is becoming lower and we are seeing some candles , which states that sell pressure is to its end, giving us a reason to expect the next breakout.
*I also would like to add that the breakout would be around the opening of the Tokyo market , so it would be interesting to see what happens then. If you are willing to trade on this idea, I'm reminding you to never trade before you see the breakout(aka a nice green Maribosu piercing through the triangle)
Yours and only ,
I do not suppose for anyone to buy or sell , I'm just placing my point of you and it is open to criticism and comments