Hello Trenders, Here a quick update of ETCUSDT. Triangle formation. I see a potential breakout with a first TP to 80 USD Zone then probably a retest support to confirm positive trend. Few indicators support the idea but I see hidden divergence and triangle push towards price action. M.M.M Make Motherfuc.in Money Be wise: don´t work for the money,...
Description : As you can see, there was a downtrend that apparently broke it and we expect it to climb at least until its first resistance.
Conclusion for today’s Ethereum Classic Analysis: Conservative entry into a long (buy) position(s) is best carried out on a breakout above 9.47. Over 17 months of price action is shown on the Daily timeframe of Ethereum Classic from October 2, 2017 to current date. Using a logarithmic scale for analysis and chart inspection, the bearish channel in Ethereum...