The market bounced up from support at the SMA 200 curve. The RSI indicator is trending around 34.375 and the Elliott Oscillator has had four straight red sessions. ETC/USD daily chart ETC/USD bulls ran out of steam near the $7-level and dropped from $6.96 to $6.84 in the early hours of Tuesday. The price is floating in a downward channel formation and below the SMA 20 and SMA 50 curves. The MACD indicates increasing bearish momentum, while the Elliott Oscillator has had four consecutive red sessions. Earlier this Monday, the price bounced up from the support provided by the SMA 20 curve to re-enter the 20-day Bollinger Band. The RSI indicator is trending around 34.375, next to the oversold zone, indicating that the market sentiment is presently bearish. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next RBNZ’s Orr: 50 bps rate cut last year has bought us an enormous amount of time FX Street 2 years The market bounced up from support at the SMA 200 curve. The RSI indicator is trending around 34.375 and the Elliott Oscillator has had four straight red sessions. ETC/USD daily chart ETC/USD bulls ran out of steam near the $7-level and dropped from $6.96 to $6.84 in the early hours of Tuesday. The price is floating in a downward channel formation and below the SMA 20 and SMA 50 curves. The MACD indicates increasing bearish momentum, while the Elliott Oscillator has had four consecutive red sessions. Earlier this Monday, the price bounced up from the support provided by the SMA… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
