ETC Double Bottom.
ETC/BTC has formed a double bottom and is currently testing the 0.00209 Resistance Lvl. I strongly belive that ETC will break this lvl and go to test the next lvl which, if broken, confirms the double bottom formation and break out. Now is the time to get in if you are ok with some risk but waiting until the double bottom has been confirmed and broken out of is of course the safest move. The ETC dev team is working hard and they just released their new mantis wallet that is integrated with Daedalus. The Recent update to ETC's monetary policy is promising as well. You can find the dev teams most recent update here: youtube.com/watch?v=V5AWlprW6Fs .
Check out: IOHK's ETC page here iohk.io/projects/ethereum-classic/ for more updates about the project and any further developments!
Happy trading!
Check out: IOHK's ETC page here iohk.io/projects/ethereum-classic/ for more updates about the project and any further developments!
Happy trading!
Note
Ascending triangle on ETC/BTC 30 min candles. breakout incoming!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.