Ethereum Classic / Bitcoin
Panjang

ETCBTC Daily Support/Resistance Anlyzes

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Here we have ETCBTC charted since 2016 on the Daily.

We can clearly see 3 things:

1: One Triangle

2: One Black Support Line

3: One Blue Target Zone


In the past when ETC built support/closed above the Black Support Line, it has most times made it´s way back to either:

A) The Top Of The Triangle

OR

B) The Blue Target Zone

OR

C) Both (When they are converging)

In our current situation we can see that ETC is Closing above The Black Support Line and that The Top Of The Triangle and The Blue Target Zone are in the same area.

Will ETC once again just like the many times in the past Revisit the same Target Areas? Well don´t ask me, ask the chart!

Penafian

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