MJMeetya

Ethereum Classic getting ready for short (vs USD)

Short
MJMeetya Updated   
KRAKEN:ETCUSD   Ethereum Classic
Obvious double top before.

Lower local high now.
High (Stoch) RSI - lines crossing.

BTC and USD graphs aligned.
(check Related Ideas)

If it is not dipping fast we might have a different scenario.
(check similarity between green flags)
Comment:
One of the weakest after BTC correction started:
Bitcoin $119,081,310,655 $7142.62 $4,858,900,000 16,671,937 BTC -4.06%
Litecoin $3,340,450,352 $62.15 $310,477,000 53,745,082 LTC -0.27%
Bitcoin Cash $10,586,837,308 $631.17 $834,960,000 16,773,300 BCH -0.28%
Ethereum Classic $1,361,480,536 $14.00 $149,360,000 97,272,233 ETC 0.63%

Majority of the coins has 2 digit profits in last hours.
This 4 showing some weaknesses.
Comment:
Thing are a bit complicated at the moment.
Lines did not cross. Waiting for confirmation!

Comment:
Trend still not clear. ETC hold quite well today when everything id down!

Ethereum Classic $1,389,738,652 $14.28 $264,384,000 97,311,775 ETC -0.42%
Order cancelled:
Pump!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.