Ethereum Classic Price Technical Analysis –ETC/BTC Bearish Again
Ethereum classic price fell during the past 12 hours and broke a major support area, suggesting a change in bias from bullish to bearish. Key Highlights. Ethereum classic price once again lost the plot against the Bitcoin, and started trading lower. The ETC/BTC pair broke a major support area at 0.00118BTC on the hourly chart (data feed via Simplefx) of ETC/BTC, which may ignite further losses. If ETC price correct higher from the current levels, then the same level may now act as a resistance. Ethereum Classic Price Resistance. Yesterday, I highlighted a monster trend line resistance on....
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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 faced a lot of sellers during the past few hours, and my view of staying bearish on ETC/BTC played well. Key Highlights. Ethereum classic price moved down against the US Dollar just as I anticipated yesterday. Yesterday’s bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) played well and pushed the price down. The price is currently struggling and looks set for more losses in the near term. Ethereum Classic Price Trend Line Resistance. Ethereum classic price stayed in a bearish territory against the US Dollar, and moved down. The price traded....
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 fell once again versus the Bitcoin and it looks like ETC may remain under a bearish pressure for some time. Key Highlights. Ethereum classic price traded further lower against the Bitcoin, and tested the last low of 0.00182BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for the bulls. The price is under a bearish pressure, and sellers may attempt to break the last low of 0.00182BTC. Ethereum Classic Price Downside Move. Ethereum classic price struggle to trade higher against Bitcoin....
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....