Ethereum Classic (ETCBTC) peaked Jan. 2020 and is finally hitting support.
After correcting almost by 100%, ETHBTC reached the same level it hit back in late October 2019... When this level was hit, a strong bullish wave followed that produced over 240% growth.
With this support level now activated, we can expect a similar outcome.
Note: This is not a piece of trade advice.
This is a good setup and can be traded. A buy order can be set at current prices aiming to hit multiple targets on the way-up.
If the market turns and things go wrong, we can set a stop-loss at the last low.
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