LewisGlasgow
Long

ETC/USD - Price Structure

BITFINEX:ETCUSD   Ethereum Classic / U.S. Dollar
What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel .

Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.

The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.

I expect price to create a new all-time high in the near future.

Connect with me below for more trading inspiration :)
Comment: Price has now broken out of the ascending channel twice within the last 24 hours.


Will the momentum continue and drive price down?

Comments

Hey, what broker do you use to trade ETC?
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