Ethereum Classic / TetherUS
Long
Updated

Ethereum Classic(ETC) Breaks Long-Term Downtrend Line

1 712


* 1D


ETC broke through a long-term downtrend line that has continued since May 2021, so it is likely to continue bullish.

Although it is currently facing resistance around $20.95, it is likely to rise further.

TP can be set at $24.86 / $29.13 / $33.90 / $39.42 / up to $44.48.


Note
snapshot

Retest complete
Note
snapshot

It fell after failing to support $20.95
It appears to have retested the long-term downtrend line and $18.35 as well.
Note
TP is the same
Note
snapshot

Breaking the downward trend line that has been going down since Dec. 9
Trade closed: target reached
snapshot

TP2 hit +75%

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.