Ethereum Classic Heiken ashi in a chop range but still looks like it could be upward continuation
Renko on the bottom is showing a double bottom cup pattern
Order book seems in favor of the bulls
I don't have a crystal ball but if this trend continues I think we could top out in the mid $20s but that is just complete speculation based off Fibonacci extensions
Ethereumclassic
Callisto - Cup & Handle - Long project DirectionTrend Analysis
After the halving on currento month:
🔺 the Callisto inflation is effectively extremly reduced
🔺 the Orderbooks are now depleted on buy direction
🔺 no sell wall below 20 sat is visible on the three major exchanges Bitfinex, HitBtc and Stex
Fudamentals
Key points for CLO in 2020:
🔺Cold Staking Update
🔺Governance System
🔺Listing of CLO EOS Token at DEX'es
🔺Security Dept. Expansion
Ethereum Classic vs Ethereum | Support & Resistance LevelsFor all the geniuses that trade ETH pairs, here we are looking at Ethereum Classic vs Ethereum (ETCETH).
We have a dropped that stopped at 0.786 Fib. retracement support, so a potential bounce is in play.
Below this level, marked blue on the chart, prices can easily move lower. While above this level we start to see the bullish potential.
The MACD and RSI are starting to curve and forming a cup... If there is enough follow up and prices can move above EMA10, ETCETH can easily continue higher.
Thanks a lot for reading.
Namaste.
ETCUSD: Trend Reversal Signal and Buy OpportunityThe market gives us a trend reversal signal. It is based on a breakout above the local downtrend line and a bullish divergence.
RSI confirmed the price reversal. MACD lines and histogram support a possible upward movement. DMI is bearish and shows trend market conditions. But ADX line falls, and it is a bullish signal.
It is a possible buy opportunity.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.