ETC has recently made a head and shoulders top on the 4hr chart. The right side slope has shown a confirmed bear flag and a suspected bear pennant. Once confirmed price should decline to $10.40-10.60 before rebounding.
About to break upwards I think, just my opinion ^^' Timeframe m5. Cheers ;) PS : New York Token Summit Event very soon, should help accomplish that !
First extensions hit and consolidating. Two fib extensions, small and big, interlace at 10$ which is also a round number so big resistance should be encountered. I bought safe at All Time High (7.6), this could be a good entry for those that missed it.
The 9 $ have been tested on bfx, it is higly probable that go go discuss that price again :) Cheers ;)
ETC BTC ratio chart broke out of red triangle ( with decreasing volume) while shooting away from the 100 dma and through the 23% fib retracement. ETC also broke through hard resistance line X and looks to be headed for the top of the fib zone. Eventually ETC will see resistance at the top of zone 4 (top of the blue channel). Line X and the middle blue line...
ETC forming red triangle formation We could see another drop to 6 dollars before breaking this triangle and either moving further down to zone 3 and the 50% retracement or bottom blue line of the zone 3 channel. If we can breach to the upside above the 23% fib ret, 100dma (pink line) we should see a strong move into zone 4, bound only by the top of the fib...
Long on eth classic, might be impacted by the ethereum boom, who knows anyway. Cheers lads !
ETCUSD has been sitting at 78.6 Fib retracement for quite sometime time and has not break it yet , bounce third time on the trendline and about to break the uptrend line. lets watch this at it unfolds.
Playing a shortterm bounce altho I think longterm looks bullish, mid term looking for a 1w stochrsi reset. Play safe.
At the very top of a descending canal. I'm long since way before 7.00, if no breakout by then I will cut it and try a small short.
Don't you think it's a good buy signal?