Ethereum Classic Price Technical Analysis – Trend Line Resistance

Ethereum Classic Price Technical Analysis – Trend Line Resistance

Ethereum classic after moving higher found sellers and moved down. Can it continue heading lower or will it bounce back versus Bitcoin? Key Highlights. Ethereum classic spiked higher as forecasted in yesterday’s post and then found sellers. There is currently a bearish trend line formed on the 30-min charts of ETC/BTC, which is acting as a hurdle for an upside move. The current price structure is bearish in the short term, but I still feel there is a chance of a surge towards 0.0035BTC before a major top. Ethereum Classic Resistance. Ethereum classic price ETC was on the rise yesterday. I....


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Ethereum Classic Price Technical Analysis – ETC Remains At Risk

Ethereum classic price remained in a downtrend versus BTC, and it looks like there is a lot of risk at the moment for more losses in ETC. Key Highlights. Ethereum classic continued to face selling pressure versus Bitcoin and may trade further down. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. A break below 0.0030BTC may push the price towards the last swing low of 0.0026BTC. Ethereum Classic Price Resistance. Ethereum classic price ETC struggle continues, as it failed to find buyers versus Bitcoin.....

Ethereum Classic Price Technical Analysis – ETC Remains A Sell

Ethereum classic price remained under a bearish pressure versus the Bitcoin, and it looks like the ETC sellers may attempt to form a low soon. Key Highlights. Ethereum classic price remained under a major resistance versus Bitcoin, and may trade further lower. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier and prevented an upside move. The price may soon test the last swing low of 0.00182BTC and may even break it. Ethereum Classic Price Upside Hurdle. Ethereum classic price remained under the....

Ethereum Classic Price Technical Analysis – ETC Remains In Trouble

Ethereum classic price is facing sellers on the upside versus Bitcoin, and it looks like ETC may decline further in the near term. Key Highlights. Ethereum classic price continues to remain under pressure versus Bitcoin and may head down. Yesterday’s highlighted bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx) continued to act as a resistance. There is a possibility of a test of 0.0020BTC in the near term in ETH/BTC. Ethereum Classic Price Resistance. Ethereum classic price yesterday made one more attempt to recover against Bitcoin, but it....

Ethereum Classic Price Technical Analysis – ETC Weakness Continue

Ethereum classic price faced a lot of offers recently, and the daily chart of ETC/BTC suggests more declines in the near term. Key Highlights. Ethereum classic price remained in the bearish zone against the Bitcoin, and may continue to trade lower. When we look at the daily chart of ETC/BTC (data feed via Simplefx), there is a monster bearish trend line acting as a resistance. The pair is currently trading near the recent low of 0.00150BTC, and may break it for more losses. Ethereum Classic Price Resistance. Ethereum Classic price saw a lot many bad weeks recently, as it declined....

Ethereum Classic Price Technical Analysis – Continuing Declines

Ethereum classic price declined and closed below 0.0040BTC. It looks like there are chances of more losses moving ahead in ETC/BTC. Key Highlights. Ethereum classic price continued to move down against Bitcoin, and my view of not investing in ETC proved correct. There is a new bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance for an upside move. A break below the recent low of 0.0033BTC may call for more losses in the near term. Ethereum Classic Price Decline. Ethereum classic price ETC in a no surprise move traded....

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