A short video of what i see in Bitcoin. (Excuse my voice and moments of lag, feeling a bit under the weather)
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. EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility...
Well don't blame me about the recent spike. You were warned on March 5th when I told you to buy at 4.226 on a perfect fractal recognition and target 6.500. Well ETC took off right after and touched 8.000 even!
Another perfect fractal has been spotted from the 2017 kick start...
ETC has shot out of the same pattern every coin seems to be showing. an ascending triangle. if this is in fact a new bull market these white waves 1-5 are in play. If that is so, then we appear to be on blue wave 3/4 of white wave 3.
so far things are looking very good and as stated on my telegram channel, as long as we hold the white upper line of that ascending...
Ethereum Classic (ETC) has been sleeping for quite a while now and just made its strongest move in over a year... This opens up the doors for additional bullish action.
Here are the signals that are coming from the chart:
Massive increase in trading volume, highest since September 2018.
Break above EMA10. First time since December 2018. Traded above EMA10 for...
Short analysis, continuing the previous one (go check it! :) )
We successfully broke the 5100$ resistance and then strongly retraced, but the support holded good.
By the way, another pattern is in play now, and we have two days before a big move.
We don't think this big move will occurr on sunday, even if we are constantly approaching the resistance.
$ETC Looking good againts USDT pair, trying to flip the 5.3$ resistance zone....
UCTS Buy signal active on the 1D
Volume increasing over the last days (lets see if it can hodl it...)
RSI over 80 & MACD Rising...
If it gets traction over the next days...