FieryTrading

🔥 ETC Areas To Watch For The Coming Weeks

Long
BINANCE:ETCUSDT   Ethereum Classic / TetherUS
Right before the major March sell-off, ETC was one of the big gainers of the weeks prior to that. Since then, ETC has lost of 80% of its value over the course of a few months.

Luckily for us, things are looking green again since a few weeks.

ETC has failed to confidently break above the $75 resistance level, falling back towards the trend line in the process.

Assuming that BTC will stay relatively bullish, the first major resistance on ETC's path back to ATH is Resistance 1. This is a minor resistance which I expect to fall in the coming 2 weeks.

Main point of interest is Resistance 2. I'm betting on a touch of this resistance in the coming 3-4 weeks. Naturally, this can be reached earlier if we see some massive pump along the way.

Happy trading!

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