fzero93

ETC Falling Wedge breakout

Long
fzero93 Updated   
BITTREX:ETCBTC   Ethereum Classic / Bitcoin
ETC formed a nice falling wedge over the last few days and has recently broken out, which is a bullish signal. Currently looking for a confirmation upon the previous resistance of around 0.0021534.
Comment:
Update: Price has receded back into the wedge. Length of wedge was misjudged and appears to be longer than originally thought. ETC still has the change to burst out the wedge if it sees a significant change in volume.
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