Ethereum Classic (ETC) - Bullish!
Ascending Tri pattern forming with Ethereum Classic (ETC) which is bullish, the price has risen sharply +7.4% since yesterday daily candle close at: £24 breaking the recent Resistance zone.
Take into consideration and manage risk as dips throughout the tri pattern will occur until the price hit's the apex area soon!
ETC also has remained above both the EMA's shown from the chart, a breakout will likey happen around the £27 mark with the next few weeks. If bulls can breakout and hold above this, expect a momentum to push towards the "£30" area which will be the next Major Resistance Level.
(NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH!)
Take into consideration and manage risk as dips throughout the tri pattern will occur until the price hit's the apex area soon!
ETC also has remained above both the EMA's shown from the chart, a breakout will likey happen around the £27 mark with the next few weeks. If bulls can breakout and hold above this, expect a momentum to push towards the "£30" area which will be the next Major Resistance Level.
(NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH!)
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