Akshath1994

Ether Classic :- V Shaped Recovery in the making

Long
Akshath1994 Updated   
KRAKEN:ETCUSD   Ethereum Classic
Ether Classic :- Price has come near previous support zones suggesting a quick jump in price is in the making.

Price having fallen from levels above 40 all the way to current market price has been coupled with a major and sustained volume reduction.This results in me being extremely bullish for the future of Ether Classic.

Stay tuned to my channel for regular trade/analysis updates.

Comment:
Trendline breakout has been witnessed and with higher than usual volumes too.
We could begin heading to levels above 22 in the shorter time frame.

A daily close above the Purple Moving Average will signify a move higher and the start of a new bull market would be confirmed.
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