ETC/ETH Etherium classic forming cup and handle?
**Amateur trader**Still learning**Just my analysis
Looks like ETC is forming a Cup&handle on the 1 day chart. It seems that the handle has begun to bounce on the 200 day moving average(blue line), the handle has also tested the downward resistance line. Potential positive breakout. Potential buy zone at .036983 ETH, which confirms the brake out, if it fails stoploss set at .034644 ETH, which seems to have a previous price support; the 200 day MA seems to be a support as well. The RSI is floating around the middle, which may have further downside, but the MACD shows that sellers are shown to be exhausted, and buyers will regain control. Another bullish move is the Triple EMA's are starting to cross in a bullish direction.
Other upside:
ETC is going to be listed on coinbase, no given time frame, but there is plenty of attention on ETC.
****Please view this and provide constructive criticism if needed, I am still learning TA ***
Thank you all
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