I don't normally follow Crypto-currencies if I am honest. I decided to take a look at the charts for the fun of it and it looks like price is targeting first target of the long setup that is in play currently.
That being said, I want to use this post as a basis to research and test my approach on other markets like the Cryptos for future use. I cannot say for...
Technical analysis:
. ETHEREUMCLASSIC/DOLLAR is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested...
