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Andratos95
Nov 25, 2017 9:17 PM

More flags than a Chinese military parade! Long

Ethereum Classic / TetherBittrex

Description

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.
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