BITFINEX:ETCBTC   Ethereum Classic / Bitcoin
Thoughts
- 200EMA and 50EMA on 4HR crossed. (Bearish -Death Cross)
- Mid term support line (Major Bearish signal)
- Hovering in a fairly supportive zone
- Dropped below 0.5 Fib, todays green candle might close above (Bearish)
- The 0.5 Fib lines up with the global 0.236 Fib. This area forms the new resistance.
- Stop loss at 0.0023 placed, just below the 0.382 Fib
- Callisto adds uncertainty as no TA can predict this. Bittrex is not supporting this fork (at this time).
- There are no words that can describe my hate for CNBC
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