P_S_trade

ETC. We test global support.

P_S_trade Updated   
BITFINEX:ETCUSD   Ethereum Classic
I have provided global support in the form of a pink channel. This is 4 attempts by sellers to break through this support. The critical point of the coin in the price zone is $ 13-15. If buyers keep this zone, then after consolidation I expect $ 25 per coin.
If buyers do not keep price zones 13-15 $ - then the coin will go in the green scenario to $ 10.
Comment:
ETC came out of the global support zone. buyers broke the trend line of the wedge. However, for sure growth continues, buyers should break through 17.7-18.7. If at the fall of the BTC buyers will keep the price - then ETC will move in the red scenario.
Comment:
ETC gave high hopes for the long, and even broke the price zone 17.8-18.7, but buyers could not keep it. ETC is traded on an orange channel. Now he stopped on a black training line. So far, ETC. For growth buyers should keep 14.3-14.7. Otherwise, the ETC will fall to $ 10
Comment:
Sellers lowered the price to the lower trend line of the orange channel. A triangle formed between the global black trend line and the lower trend line of the orange channel. If this channel is broken, I'll wait ETC for $ 10. However, it looks like buyers are taking the initiative and breaking the triangle will be up. In the triangle there is too much band for trading, so I would enter to ETC after breaking the triangle.
Comment:
ETC punched the orange channel and global support. Now buyers stopped the price and possible global support test to $ 14.3-14.8. If buyers do not show interest in this coin and will not return their global support - $ 10 for the ETC will be a good price.

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