Almost at the bottom of Bollinger Bands… note how we’re going “out of water” and look that pump above 0.002 today. Time for jump in is coming!
RSI – Oversold levels are close and maybe we’re not going under 30 before a reversal.
Stochastic RSI – Already in oversold levels.
Stochastic – Already in oversold levels.
MACD – The lines have started to line up and a likely crossover can indicate a trend reversal.
Conclusion: Things are getting very interesting here… we can say that the engines are turned on and this rocket is already shaking for a takeoff! It’s a good idea to wait for oversold levels at stochactic RSI in the short-term to board it.
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Source: http://cryptosrocket.com/etc/2018/08/31/ethereum-classic-etc-update-time-for-jump-in-is-coming
