InvestingScope

Both targets hit. Waiting lower confirmation for continuation.

Short
BITFINEX:ETCUSD   Ethereum Classic
Both TP = 14.293 and 13.189 were hit as the Ascending Triangle on 1D broke to the downside (MACD = -0.699, Highs/Lows = -1.3486, B/BP = -3.5334). We now look to the 1W Falling Wedge (RSI = 42.219, MACD = -1.616) for direction, which suggests that if 12.005 breaks then ETCUSD should test the Wedge's Lower Low and 2017 November low at 9.505. Otherwise it should test the 15.815 Resistance before eventually declining to 9.505.

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