ETC about to break the major trend line
Updated
As you can see here in the weekly chart for the past four weeks, we are having green candles which means that ETC has found its bottom @ 200k satoshis. Once it breaks the major trend line it will go up and retest the resistance @ 360k satoshis. Stoch RSI and MACD are also supporting our analysis by showing us bullish signals. The daily chart is also trying to make a cup for a cup & handle formation. So when it reaches 360k satoshis, it will retrace a bit and then shoot up and challenge the next resistance @ 420k satoshis and/or 470k satoshis.
This will take at least a few weeks leading up to a few months.
This will take at least a few weeks leading up to a few months.
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Checking on the day candle, it broke the major trend line already.
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