EGC has shown some occasional pumps previously, roughly once-twice a month. But this time it looks like its accumulating rather steadily. Its doubled in price and volume since Dec-17 (well, from 25BTC to 60BTC), did a test pump yesterday, settling at a higher level and already reached the pumped level today. Itll be quite volatile due to low volume, so chip in some spares if you will. I expect some resistance at around 59 and 72. Not setting TP here, as im in with some spares and just want to see where it gets.
No advice here.
No advice here.
Comment:
There was a bit of a selling pressure during the day and the volume dropped, but Asia is waking up and buy orders are coming in nicely
Comment:
MAs are still about to cross on 1D. 4H - moving in the Gann channel and above both MAs - good rebuy at 4800-5000.
Comment:
dropped to a lower Gann channel and seems have found support there. volume dropped, making it a more risky trade. if volume comes in, should go rangebound to 60 - 62