Ethereum Classic Price Technical Analysis – Continuing Declines

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 lower....


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Ethereum Classic Price Technical Analysis – ETC Bears In Control

Ethereum classic price declining streak continued yesterday against the Bitcoin, but the downside momentum was not on the higher side. Key Highlights. Ethereum classic price formed a new weekly low against the Bitcoin, and traded as low as 0.00146BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down The price remains at a risk of further declines, and may trade towards 0.00145BTC. Ethereum Classic Price Decline. There was no respite for ETC Classic price, as it continued to....

Ethereum Classic Price Technical Analysis – Sell Targets Achieved

Ethereum classic price declined further versus Bitcoin and traded as low as 0.00208BTC where somehow buyers managed to protect losses. Key Highlights. Ethereum classic price moved down against Bitcoin and my idea of selling worked well. There is now a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. There are chances of more declines in ETC as long as it is below the trend line. Ethereum Classic Price Decline. Ethereum classic price failed to gain momentum this past week against Bitcoin and declined. I....

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 – More Declines Likely In ETC

Ethereum classic price extended its decline below 0.00145BTC, and remained at a risk of a move towards the all-important 0.00140BTC. Key Highlights. Ethereum classic price made yet another down move against the Bitcoin, to trade below yesterday’s low to form a new low of 0.00143BTC. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) stopped the buyers once again from taking the price higher. There are chances of additional losses in the near term as long as the trend line resistance is intact. Ethereum Classic Price....

Ethereum Classic Price Technical Analysis – Test of 0.0020BTC Likely

Ethereum classic price faced a lot of offers recently versus Bitcoin, and it may continue to face sellers in the near term. Key Highlights. Ethereum classic price continued to weaken against Bitcoin and looks set for more losses moving ahead. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a hurdle if the price recovers. It looks like the ETC may decline further and test the all-important 0.0020BTC level. Ethereum Classic Price Decline. Ethereum classic price failed to move higher against Bitcoin and traded lower. In....

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