ETC is In a falling wedge, and it is expected that we get another drop as we approach the ichimoku cloud resistance. We have hit first support right now, but it is doubtful that we can hold. There is a possibility of another 1% rally with the bull div, which worked out for me on BAT, but I'm not going to take the trade. if you hold ETC, sell now and rebuy around...
The Daily tf chart of Ethereum classic (ETCUSD) is shown in this analysis with chart patterns annotated and discussed below in an ascending order: (1) Major trendline in Ethereum classic since inception that is still currently active with the most recent pivot used to draw the trendline being price close of ~$12.54 on June 11, 2018. A break of this trendline to...
Listing on Coinbase no one canceled this event will certainly push the price Classic moves in the uplink near the channel support line
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...
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...
My previous post on Ethereum Classic (ETCUSD) can be found here: It was mentioned in the previous post that Ethereum Classic’s (ETCUSD) target area for the termination of a zigzag Elliott structure was between ~$14.51 and $13.67. Price action did terminate at ~$14.27 on May 28, 2018 within the mentioned target area which thus suggests a completion of the...
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...
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...