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 41.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (17.0 to 13.0). if so, traders can set orders based on...
