untoldanalysis

Ethereum Classic(ETC) Breaks Long-Term Downtrend Line

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BINANCE:ETCUSDT   Ethereum Classic / TetherUS


* 1D


ETC broke through a long-term downtrend line that has continued since May 2021, so it is likely to continue bullish.

Although it is currently facing resistance around $20.95, it is likely to rise further.

TP can be set at $24.86 / $29.13 / $33.90 / $39.42 / up to $44.48.


Kommentera:

Retest complete
Kommentera:

It fell after failing to support $20.95
It appears to have retested the long-term downtrend line and $18.35 as well.
Kommentera:
TP is the same
Kommentera:

Breaking the downward trend line that has been going down since Dec. 9
Trade stängt: målet nått:

TP2 hit +75%

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