✴️ Ethereum Classic Update | Long-Term Growth
Something is happening here with the Ethereum Classic chart that reveals a bright future.
Notice that back in July 2022 ETCUSDT only lasted a few days above EMA100 consolidating before moving forward.
This forward move was then followed by a strong correction which ended in a higher low.
This time around things are much difference.
Ethereum Classic consolidated above EMA100 but failed to move ahead, it went on to produce a correction yet still, within short-term and long-term higher lows.
This is a revealing fact.
We might be looking at the last time that Ethereum Classic will be available at these low prices in its existence.
For example, $12.5 USD as in June 2022 is already forever gone.
The longer a pair consolidates, the stronger the breakout.
The next time ETCUSDT moves up and peaks, instead of a strong correction to produce a higher low we can end with a long sideways consolidation phase before the next bullish jump.
Or the consolidation can have a downward slope as in a falling wedge pattern but still remaining multiple levels higher compared to now and then growth.
And this cycle repeats over and over for years to come.
Namaste.
Notice that back in July 2022 ETCUSDT only lasted a few days above EMA100 consolidating before moving forward.
This forward move was then followed by a strong correction which ended in a higher low.
This time around things are much difference.
Ethereum Classic consolidated above EMA100 but failed to move ahead, it went on to produce a correction yet still, within short-term and long-term higher lows.
This is a revealing fact.
We might be looking at the last time that Ethereum Classic will be available at these low prices in its existence.
For example, $12.5 USD as in June 2022 is already forever gone.
The longer a pair consolidates, the stronger the breakout.
The next time ETCUSDT moves up and peaks, instead of a strong correction to produce a higher low we can end with a long sideways consolidation phase before the next bullish jump.
Or the consolidation can have a downward slope as in a falling wedge pattern but still remaining multiple levels higher compared to now and then growth.
And this cycle repeats over and over for years to come.
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
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.