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cryptobulls51
Mar 31, 2018 6:19 PM

Ethereum Classic - Bullish crab pattern Short

Ethereum Classic / BitcoinBinance

Description

ETC/BTC is showing a strong bearish trend with OBV decreasing. As you can see in the 1D chart, this bearish trend is the last movement of a perfect Bullish Crab Pattern. So we believe that ETC could drop to the last support around 0.001353 next month and after that, a bullish trend will begin.
Comments
Leaner90
Do you respect the pattern rules ?
cryptobulls51
@Leaner90, I try to but usually you won't find the perfect distances between all points, so I prefer not to keep the exact values but to use the magnet tool to see which pattern fits the most. If I find 3 out of 4 values really close to each pattern rules by using the magnet tool, I consider that's close enough.
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