InvestingScope

Lower High successfully made. Expecting sideways trading.

BITFINEX:ETCUSD   Ethereum Classic
The rebound towards 12.300 was delivered earlier than expected as 4H broke to the upside. On a 1W basis, ETCUSD remains within a Falling Wedge (MACD = -2.444, Highs/Lows = -1.7035, B/BP = -4.4350) but on a 1D basis, we expect sideways trading inside a 10.000 - 12.000 Rectangle (Williams = -48.571, CCI = -22.2787, Highs/Lows = 0.000). Once this consolidation breaks, our TP = 9.5050 will most likely be accomplished.

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