New trading opportunity for Ethereum
Classic and it's based on a pennant
chart pattern. If the price breaks the resistance line of the pennant
, it will be realized as a continuation pattern. We can place pending orders at 14.80 level in order to entry the market on time using a breakout. Stop orders must be placed at 12.80 level. Profit targets are 16.00 and 20.00 levels. The daily chart
. This 4H chart also confirms upward movement. MACD
histogram rises and DMI confirms strong uptrend.