Ethereum Classic 2 scenarios with signals
Updated
Hello, Traders!
Monfex is at your service and today we overview ETC/USD.
For now Ethereum Classic has the bearish divergence with RSI that can tell us about nearest target - the support zone.
First scenario:
After reach the support zone ETC will bounce up from it and break the resistance line with goal of ex-support line and MA200 also will be there.
Active Trade Signal by ETC/USD in long case:
Second scenario:
ETC will break the support zone and will go down.
Active Trade Signal by ETC/USD in short case:
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview ETC/USD.
For now Ethereum Classic has the bearish divergence with RSI that can tell us about nearest target - the support zone.
First scenario:
After reach the support zone ETC will bounce up from it and break the resistance line with goal of ex-support line and MA200 also will be there.
Active Trade Signal by ETC/USD in long case:
- Buy near $ 4,74
- Take profit $ 5,30
- Stop at $ 4,55
Second scenario:
ETC will break the support zone and will go down.
Active Trade Signal by ETC/USD in short case:
- Sell near $ 4,33
- Take profit $ 4,06
- Stop at $ 4,44
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Note
Don't forget about BTC Dominance Chart 
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.