DLavrov

Ethereum Classic New Pennant

Long
POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
New trading opportunity for Ethereum Classic and it's based on a pennant chart pattern. If the price breaks the resistance line of the pennant, it will be realized as a continuation pattern. We can place pending orders at 14.80 level in order to entry the market on time using a breakout. Stop orders must be placed at 12.80 level. Profit targets are 16.00 and 20.00 levels. The daily chart is bullish. This 4H chart also confirms upward movement. MACD histogram rises and DMI confirms strong uptrend.

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