Ethereum Classic (ETC) has been sleeping for quite a while now and just made its strongest move in over a year... This opens up the doors for additional bullish action.
Here are the signals that are coming from the chart:
A close below EMA10 would invalidate the signals above and turn ETCBTC from bullish to bearish.
This is not a piece of trade advice.
Make sure to hit like if you want to see more content coming out from Alan Masters.
Thanks a lot for your continued support.
Namaste.
Here are the signals that are coming from the chart:
- Massive increase in trading volume, highest since September 2018.
- Break above EMA10. First time since December 2018. Traded above EMA10 for more than a week only on July 2018, so this is quite the strong signal.
- Super bullish MACD and RSI.
- Resilient altcoin. Very likely to hold strong on the way up.
A close below EMA10 would invalidate the signals above and turn ETCBTC from bullish to bearish.
This is not a piece of trade advice.
Make sure to hit like if you want to see more content coming out from Alan Masters.
Thanks a lot for your continued support.
Namaste.
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