Ethereum Classic (ETC)

The price is going to pass through the cloud. It will give us a buy opportunity. ADX line of DMI indicator rises and it allows us to trade. Pending orders should be placed at 11.80 level with stop orders at 9.70 level. Profit targets are 16.00 and 20.00 levels. The part of long positions can…

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The price is going to pass through the cloud. It will give us a buy opportunity. ADX line of DMI indicator rises and it allows us to trade. Pending orders should be placed at 11.80 level with stop orders at 9.70 level. Profit targets are 16.00 and 20.00 levels. The part of long positions can…

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The price is going to pass through the cloud. It will give us a buy opportunity. ADX line of DMI indicator rises and it allows us to trade. Pending orders should be placed at 11.80 level with stop orders at 9.70 level. Profit targets are 16.00 and 20.00 levels. The part of long positions can…

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Key Highlights Ethereum classic price has recovered a few points from the $9.85 swing low against the US Dollar. There is a short-term contracting triangle pattern forming with resistance at $10.80 on the hourly chart of ETC/USD (Data feed via Kraken). The pair is now above $10.00 and the 100 hourly simple moving average, which…

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The price bounces from 10.00 support level. RSI confirms price reversal and MACD supports upward movement. DMI allows open long trades. We have buy opportunity. Entry level should be above SMA50 with stop orders below the support level and the local swing low. Profit targets are 16.00 and 22.00 levels. If you don’t use leverage,…

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Key Highlights Ethereum classic price declined further and even tested the $10.00 level against the US Dollar. There is a new contracting triangle pattern forming with resistance at $11.00 on the hourly chart of ETC/USD (Data feed via Kraken). The pair might correct a few points in the near term, but upsides remain capped by…

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