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Ethereum Classic Falling Wedge
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Ethereum Classic Falling Wedge
By AlanSantana
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Updated
Jul 16, 2022
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Jul 12, 2022
Looking at Ethereum Classic (ETCBTC) we have a falling wedge pattern that is yet to break.
We have two levels where this pattern can be completed.
(1) Reaching the 0.5 Fib. retracement level at 0.0007107.
(2) Reaching the 0.618 Fib. retracement level at 0.00006799.
The second level is normally the stronger support but prices can bounce anytime.
There is a 17% target mapped on the chart, short-term.
Mid and long-term there will much more growth.
Namaste.
Jul 16, 2022
Note
Good thing I bought a bunch of ETC.
Enjoy the profits those who also decided to buy/trust.
Now we just let it ride and enjoy the fun.
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AlanSantana
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