Ethereum Classic Price Technical Analysis – Final Target Hit
Ethereum classic price dived down versus Bitcoin and tested the final sell target of 0.0020BTC as forecasted in yesterday’s post. Key Highlights. Ethereum classic price continued to move down against Bitcoin and tested the 0.0020BTC level as forecasted. 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 final sell target in ETC/BTC was achieved, and I think it’s time to stay away for the next move. Ethereum Classic Price Losses. Ethereum classic price weakened further during the past 24....
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Ethereum classic price declined further versus bitcoin and my idea to remain bearish on ETC versus BTC continue to play well. Key Highlights. Ethereum classic price traded further lower against Bitcoin, and formed a new low below 0.0028BTC. This week’s long followed bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a barrier and pushed ETC down. My final target hit recently, but I think there are chances of more losses in the near term. Ethereum Classic Price to Weaken Further? Ethereum classic price failed to trade higher against Bitcoin, as the upside....
Ethereum price tumbled recently, and traded towards $8.00. It was a perfect sell, and it looks like the bulls may be exhausted. Ethereum price ETH was down and out, as there was a sharp downside move towards the $8.00 support area. I mentioned in my previous analysis that there is a chance of a decline in ETH/USD due to the technical indicators. It was a perfect sell, and the final target of $8.0 was achieved. There was a bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD, which acted as a perfect catalyst for a decline. The price traded below $8.0, and a new low of....
Ethereum price traded further higher yesterday, and reached my final target of $10.40. Now can it correct and trade higher once again? Key Highlights. Ethereum price continued to move higher vs the US Dollar and reached my final target of $10.40. There is now a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a support if the price moves down. The price has already started correcting lower, and it would be interesting to see how far it can go. Ethereum Price Trend Line Support. Ethereum price ETH after settling above the $10.00 resistance....
Ethereum classic price may have tempted a few investors, but in my view, it must get stable first before putting money into it. Key Highlights. Ethereum classic is making a lot of noise from the past couple of days, as there were a few swing moves in ETH/BTC. The ETC/BTC price went from a low of 0.0006BTC to 0.0048BTC high, but failed to retain traction. There was a contracting triangle pattern formed on the 30-min charts of ETH/BTC, which was cleared to open to the doors for a downside move. Ethereum Classic Price Sell. Ethereum classic price ETC was in the news recently for many reasons.....
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 my last....