Ethereum Classic Price Technical Analysis – ETC Heading Lower

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....

Ethereum classic price failed to continue trading higher against the Bitcoin, and may again trade lower in the short term. Key Highlights. Ethereum classic price looks like struggling to retain the bullish bias, and may decline soon versus the Bitcoin. There is a contracting triangle pattern formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may be cleared for a downside move. The price may once again trade towards an important support area of 0.00150BTC. Ethereum Classic Price Decline. Ethereum Classic price managed to pop higher yesterday against the Bitcoin to trade....

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....

Ethereum classic price continued its uptrend and gained by more than 20%. However, I feel it may be topping soon for a short-term correction. Key Highlights Ethereum classic price surged higher against Bitcoin and traded close to the 0.0048BTC level. There is likely a double top pattern forming around the mentioned level, so the bulls need to be very careful. There is a bullish trend line formed on the hourly chart of ETC/BTC, which may act as a support if the price corrects lower. Ethereum Classic Price Resistance Ethereum classic price ETC surged further during the past 24 hours against....

Ethereum classic price formed yet another low against the Bitcoin, and it looks like ETC/BTC downtrend is still intact. Key Highlights. Ethereum classic price traded further lower against the Bitcoin and broke the last low of 0.00106BTC. The price is currently recovering, but facing sellers near a bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC. A break above it may initiate further recovery in ETC in the short term. Ethereum Classic Price New Low. ETC price continued to trade lower against the Bitcoin, and also broke yesterday’s low of 0.00106BTC. A new....