Ethereum Classic

Ethereum Classic, With Potential To Form A Channel-Breakout!

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Hi,

Welcome to this analysis about Ethereum Classic, we are looking at the 4-hour timeframe perspectives. Ethereum Classic in the last times is showing very interesting signs as it bounced back after the bearish developments and formed this meaningful hammer candlestick, besides that, I discovered the major descending-channel-formation Ethereum Classic has developed here marked with the black boundaries and the coherent wave-count within with the waves A to C already completed. Now when Ethereum Classic manages to increase with bullishness further above the ascending-trend-lines this can lead to a decisive channel breakout above the upper-boundary and when this happens it will be a great origin for further continuations.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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