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readCrypto
Apr 12, 2020 4:02 AM

Ethereum Classic (ETC) - April 12 

Ethereum Classic / DollarBitfinex

Description

Hi?
Dear Traders, Nice to meet you.

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It must rise above the long-term uptrend line (1), which must be supported.

The 5.889 point is an important point in the low-cost segment and should rise.

The position of the abbreviations has been changed slightly.
please check.

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I think the current situation is not good enough to understand the overall flow of the coin market.

Accordingly, it is time to focus on selling rather than buying to preserve profits.

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Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

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"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
Comments
ProjectSyndicate
I agree with you. upvoted.
readCrypto
@ProjectSyndicate, thank you.
FireFlow
I LIKE you and ETC together, not the other cryptos
FireFlow
Dear Lee, could you describe me why 5.889 is the critical point? and where does it obtain from?
You mentioned it very much in all of you analysis...
readCrypto
@mehrdadTOPOL,

This is where the low price point started to rise.
Thank you for leaving a comment.
FireFlow
@readCrypto, but this trend line has been broken twice!
readCrypto
@mehrdadTOPOL, I am not talking about the trend line.
Look at why the 5.889 point is so important.
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