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Ynggunz
May 25, 2021 4:52 AM

ETC breakout of channel Long

Ethereum Classic / U. S. DollarKraken

Description

Hello everyone,

Right now ETC is trying to break out of its regression channel it formed since it’s drop from ATH. If it can hold above this area for a few candles it will rocket. This is my personal opinion, and is not financial advice. Invest at your own risk!
Comments
dr0iz2
Updates ? :)
Ynggunz
Update: ETC held above the regression channel all night which shows strong support for a continued bullish run. Our first target is to break resistance around 82 and hold a few candles there and ETC will likely stay bullish to new ATH. Keep a close eye on BTC and ETC to make sure there is no surprise drops or news because this is a tumultuous time. This is not financial advice! Invest at your own risk.
Ynggunz
Edit: but be wary, if it looses support it could drop to 50-55 and it would drop quickly.
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