ETC could have still more potential. ETC is the only alternative to ETH. In the meantime, we have seen briefly 21 USD. We are currently at a decision point. I have developed three trend scenarios for this.
For long target: 25 USD and more
For short to buy some more: 14.5 USD / 12 USD
Let's see what happens. Happy trading. :-)
Let's take a look at Ethereum Classic vs Tether (ETCUSDT), in this chart we have multiple bearish signals starting to develop...
First, we have a bearish candle today and bear/red volume increasing.
There is bearish divergence with the MACD and RSI, while both indicators are also trending down.
Recently EMA300, EMA200, and MA200 were conquered but haven't...
Ethereum classic is well supported here on the daily timeframe.
Reasons to open long at 9$ ;
Key level to break is 13$
Trading this coin is high risk because its highly volatile, the above mentioned entry price will only be valid for today 19/02/2020.
I have been trading and have been constantly investing in small cap stocks. So I do have solid understanding of how small cap/penny stocks world.
And crypto will be lumped into same category of them.
The only things matter in the Small Cap and Penny Stocks is overall market sentiment and whether the whales are READY to pump the stocks. And when the whale pumps,...
Looks like we are in the middle or close to the finish of correction move for ETC. Look at price getting or breaking support at buyers areas.
***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***
BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE