Hi, today we are going to talk about the Ethereum Classic (ETC).
At the ETC we observe a breakout of a Downtrend Line followed by the possible formation of the Three White Soldiers (Bullish Pattern), so a strong Bullish confluence. With the continuation of this movement, we can expect an possible Bearish defense at the level of 61% of Fibonacci retracement as described on the daily chart above.
Thank you for reading and leave your comments if you like.
At the ETC we observe a breakout of a Downtrend Line followed by the possible formation of the Three White Soldiers (Bullish Pattern), so a strong Bullish confluence. With the continuation of this movement, we can expect an possible Bearish defense at the level of 61% of Fibonacci retracement as described on the daily chart above.
Thank you for reading and leave your comments if you like.