ETC BULLISH IMPULSE INCOMING
Updated
After the rally of 14-17 August ETC is back in strong demande zone.
This return has made slowly, alternating "green" periods as sign of continuous buying pressure.
Actually buying selling pressure are almost at equilibrium and soon ETC will win the local resistance and feel free to ride to the next resistance around 17 dollars.
For longterm:
ETC is probably a better investment than ETH as the bearish trend seems now to be reversed
BTC will also commit to ETC in the next times.
BIO
This return has made slowly, alternating "green" periods as sign of continuous buying pressure.
Actually buying selling pressure are almost at equilibrium and soon ETC will win the local resistance and feel free to ride to the next resistance around 17 dollars.
For longterm:
ETC is probably a better investment than ETH as the bearish trend seems now to be reversed
BTC will also commit to ETC in the next times.
BIO
Note
the first graph in the description is wrong.this is the right one
Note
Is charging. Now we are at the end of the triangle. Break out will give a nice impulse. As bitcoin is at resistance we have to manage the possibility of a retracement.
Note
Break out. Good till 14. There we have another triangular formation . We have to reconsider there the bearish way nicely showed by investingscope
Note
Deceveing price movement till now. The fractal was good, but way better performer in other coin till now
Note
Supposing that ETH is not the best Investment for now we see that crashed 2 time against the Shoulders Level of the last h&s that sent ETC to the last low. Otherwise ETC is forming an ascending triangle but with descending CMF Peak. This is for me a sign that a break down of the ascending Formation is possible
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