Ethereum Classic Price Technical Analysis – Selling ETC Worked

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 was looking....

Ethereum classic price moved down against Bitcoin, and formed a new weekly low. ETC/BTC currently remains under selling pressure. Key Highlights. Ethereum classic price remained in a downtrend against Bitcoin, and it looks like it may continue to move down. Yesterday’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continued to act as a resistance area. The price traded below an important support area of 0.0030BTC, which is a bearish sign in the short term. Ethereum Classic Price Decline. Ethereum classic price ETC continued to face sellers....

Ethereum classic price is in a downtrend, and looking at the 4-hours chart of ETC/BTC, the pair may present a selling opportunity going forward. Key Highlights. Ethereum classic price faced a lot of selling pressure this week versus the Bitcoin and declined heavily. There is a monster bearish trend line formed on the 4-hours chart of ETC/BTC (data feed via Simplefx), which ignited a downside move. The price is currently finding bids near 0.00150BTC, and may attempt to recover in the short term. Ethereum Classic Price Resistance. Ethereum classic price remained under a lot of bearish....

Ethereum classic price gained heavy bids once it traded below 0.00185BTC and bounced sharply during the past few hours. Key Highlights. Ethereum classic price made a new low against the Bitcoin, and then managed to recover sharply. There was a bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx), which the buyers managed to clear recently. The price is now back above the 0.00200BTC resistance and trading with a positive bias. Ethereum Classic Price Upside Move. Ethereum classic price was under a lot of pressure yesterday versus the Bitcoin, as it traded below the....

Ethereum classic price is under renewed selling pressure, and it looks like it won’t be easy for the ETC buyers to attempt a correction. Key Highlights. Ethereum classic price extended its downside move against the Bitcoin, and may trade towards 0.00115BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still active on the upside to act as a resistance. If there is a minor rise in the short term, then the ETC sellers may appear on the upside. Ethereum Classic Price Resistance. ETC price failed to gain any sort of bids against the....