Ethereum Classic's Turn Is Coming, Falling Wedge

27 בספט׳ 2020

Ethereum Classic (ETCBTC) peaked Jan. 2020 and is finally hitting support.

After correcting almost by 100%, ETHBTC reached the same level it hit back in late October 2019...
When this level was hit, a strong bullish wave followed that produced over 240% growth.

With this support level now activated, we can expect a similar outcome.

Note: This is not a piece of trade advice.

This is a good setup and can be traded.
A buy order can be set at current prices aiming to hit multiple targets on the way-up.

If the market turns and things go wrong, we can set a stop-loss at the last low.

Namaste.