$ETC - USDT Premium free analysis on demand :
The MACD line (blue line) is currently above the signal line (orange line). This is typically interpreted as a bullish signal, and it suggests that the price of the asset may be going up.
The RSI indicator is at 71.58, which is above the overbought level of 70. This suggests that the market may be overbought, which means that the price of the asset may be due for a correction
Both the 5-day MA and 10-day MA are currently sloping upwards, which suggests an upward trend in the price of the ETC. This is because the moving averages are following the price movement and continuing to increase.
The 5-day MA is above the 10-day MA, which can also be interpreted as a bullish signal. This means that the shorter-term price movement is outpacing the longer-term price movement, which can further indicate that the uptrend is gaining momentum.
The price of the ETC is currently touching the upper Bollinger Band. This is typically interpreted as a sign that the asset may be overbought, which means that the price may be due for a correction.
Note : The analysis is based on 1 day candle time frame hope you will have the clear picture...
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