Ethereum Classic Long-Term | Analysis + 700%+ Fib. Targets
Updated
It's been a while since we took a look at Ethereum Classic, a very strong project.
Right now we are looking at the long-term chart on Poloniex for ETCBTC (weekly timeframe)
Chart:
When we look at Ethereum Classic (ETCBTC) closer, the daily timeframe, we can spot the following signals
Remember to always have a plan just in case things don't go your way.
This is another bullish altcoin that will start moving strongly in Q1 2020 and beyond.
Thanks a lot for reading.
Thanks a lot for your continued support.
Namaste.
Right now we are looking at the long-term chart on Poloniex for ETCBTC (weekly timeframe)
- Here we have the classic break of EMA10 after a new low was hit and later tested and support. This simple move can signal the beginning of a new uptrend.
Chart:
When we look at Ethereum Classic (ETCBTC) closer, the daily timeframe, we can spot the following signals
- Strong break of EMA100.
- MA200 challenged and broken. The confirmation comes after daily candle closure in ~1H.
- Higher low and bullish indicators (MACD and RSI).
- Increasing bull/green volume.
Remember to always have a plan just in case things don't go your way.
This is another bullish altcoin that will start moving strongly in Q1 2020 and beyond.
Thanks a lot for reading.
Thanks a lot for your continued support.
Namaste.
Comment
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