ETC breaks a resistance line, turning bullish for a short while
As we see the red resistance line has been broken, which caused a little pump today of aprox 10%.
I am expecting local resistance around the red box, and any close within this box can see a bigger volume of sellers and it may come down in price for a short while, but not for too long.
If it closes in the green box within the next three days, then there is high chance it will continue upwards perhaps to $35
I am expecting local resistance around the red box, and any close within this box can see a bigger volume of sellers and it may come down in price for a short while, but not for too long.
If it closes in the green box within the next three days, then there is high chance it will continue upwards perhaps to $35
Comment:
First resistance target hit. Expect a pushdown to $22
Comment:
We have hit the resistance, and BTC has formed a little bit of a bearish pattern, so for now we are going down. Please check new chart.
