Ethereum Classic / Bitcoin
Panjang

ETC bottom potentially in

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ETC survived the latest BTC pump to near ATH by dropping momentarily to most recent support and quickly recovering with a top heavy green doji candle, coupled with the first significant buying volume indication since March this year. The recent price drop is also complimented with a red TD13 indication which when used in conjunction with other factors can often be seen to mark the bottom of a bearish price movement. Price is currently looking to hold above a local support, some upwards movement sustained above the 20 day MA and finding support there could present viable grounds for a long position.

Penafian

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