Hello traders and holders;
Welcome to this analysis about ETC (Ethereum Classic).
As you can see on this log chart the price has been consolidating between strong resistance and supports for months.
This has led to the formation of a huge bull-flag pattern with apex approaching in mid-late December.
Also notice that weekly RSI has been almost stationary since its decline from April top.
I think once the resistance is broken and RSI starts going upward, the blue sky is ahead for ETC.
The bull flag has a 300% surge price target. It is likely that we go even higher.
I hope you've liked my idea. Please share your thoughts on this one.
Thank you for your kind attention
Welcome to this analysis about ETC (Ethereum Classic).
As you can see on this log chart the price has been consolidating between strong resistance and supports for months.
This has led to the formation of a huge bull-flag pattern with apex approaching in mid-late December.
Also notice that weekly RSI has been almost stationary since its decline from April top.
I think once the resistance is broken and RSI starts going upward, the blue sky is ahead for ETC.
The bull flag has a 300% surge price target. It is likely that we go even higher.
I hope you've liked my idea. Please share your thoughts on this one.
Thank you for your kind attention