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Etheremclassic

At the borderline, with ETC. We've seen what an airdrop has done to other coins. The move is not certain. The yellow channel has been the lead since some weeks ago (again), but it looks like in the 4hr chart there is a Bearish Triangle in the move. BITFINEX:ETCUSD is oscillating on the conservative-uptrend channel, but it is compressing. If it keeps it's way in the channel, we can still expect for a bullrun before the ICO (DYOR, it doesn't have the same impact on every coin). If it falls from the channel again... The first support will be around 31 dlls (last bounce - fib). As you can see, the green (upper) channel, which represents an optimistic uptrend, was the resistance in the last bullrun. I'll update tomorrow.
BITFINEX:ETCUSDLong
by Enccast