Andratos95

More flags than a Chinese military parade!

Long
Andratos95 Updated   
BITTREX:ETCUSDT   Ethereum Classic / Tether
ETC/USDT is showing a bunch of pennant formations, which are normally interpreted as bullish continuation patterns. If The price of ETC can break past this last flag and pierce through the previous high resistance at 22.5$, it will go up to 25$ and more. A stop loss could be set at 21.5$.
Comment:
The price has broken the lower support and stop loss was triggered, the price should fall to around 20$, the next support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.