ETC/ETH has been forming a wedge for a very long time. The D wave also has a wedge formation which is now over. The wedge formation is also supported by the MACD Volume and signal wedge confirmation. Very bullish pattern let's see how high this will go
Elliot-wave principle for price pattern recognition supported by Fibonacci retrancement to find levels of support and resistance. lets see how this unfolds
The wedge pattern is repeating itself on the higher degree 2 wave. The wedge formation was also in the 2nd wave of the higher degree wave 1 pattern. This is also confirmed by the wedge pattern on the MACD (Both volume and signal). Currently the price is moving even closer and closer to the apex, and soon a breakout ;-). This should be the last time we are seeing...
