InvestingScope

Ascending Triangle Resistance test before downside.

BITFINEX:ETCUSD   Ethereum Classic
ETC has broken 13.189 on the 1D Ascending Triangle and the neutral action (RSI = 45.605, Highs/Lows = 0.0000) should keep the price contained within 13.000 and 15.000 in the coming sessions, unless the Channel Down aggressively pushes lower, which is unlikely on the current tech and volume. However as long as 1W remains bearish on Lower Highs (MACD = -1.771, Highs/Lows = -0.5560, B/BP = -4.5563), we will continue shorting every high on ETCUSD with TP = 9.505.

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