Trading suggestion: . There is a possibility of temporary retracement to suggested support line (5.3840). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum Classic/TetherUS (ETCUSDT) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which...
- ETC is forming IH&S pattern on smaller timeframe. - Waiting for candle close above the block, then build a long position on retest. - Target Height of Head
ETCUSDT pair is in consolidation at $6.5. It is in a support slant line and a resistance slant line.
6.79980 will create a double top and if the top breaks to up then it will be more up flow through inverse H&S.