Ethereum Classic Price Technical Analysis –ETC/BTC Remains a Sell
Ethereum classic price remained under the bearish pressure, and the downside pressure initiated yesterday got more traction intraday. Key Highlights. Ethereum classic price extended its downside move, which was initiated yesterday against the Bitcoin. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, acting as a resistance area. On the downside, the recent low of 0.00112BTC may act as a support area in the short term. Ethereum Classic Price Decline. I highlighted in yesterday’s post how a bearish trend was initiated for ETC price versus the....
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Ethereum classic price did not gain much against the Bitcoin, and also failed to decline. It looks like the ETC/BTC pair remains lifeless for now. Key Highlights. Ethereum classic price did not move much during the past two days against the US Dollar. There was a push below the 0.00182BTC support, but the price found bids near 0.00180BTC. There is a new small bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently preventing an upside move. Ethereum Classic Price Resistance. Ethereum classic price continued to annoy traders, as there was hardly....
Ethereum classic price declined further against Bitcoin and my view of selling rallies and a test of 0.0020BTC did well. Key Highlights. Ethereum classic price traded further down versus Bitcoin and tested the 0.0020BTC level as forecasted. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for a downside push. The price remains at a risk of more declines since sellers seem to be in control at the moment. Ethereum Classic Price Decline. Ethereum classic price failure to move higher versus Bitcoin continued, as the....
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....
Ethereum classic price remained under a bearish pressure versus the Bitcoin, and it looks like the ETC sellers may attempt to form a low soon. Key Highlights. Ethereum classic price remained under a major resistance versus Bitcoin, and may trade further lower. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier and prevented an upside move. The price may soon test the last swing low of 0.00182BTC and may even break it. Ethereum Classic Price Upside Hurdle. Ethereum classic price remained under the resistance area as....
Ethereum classic price fell during the past few hours and it looks like under a lot of bearish pressure versus Bitcoin at the moment. Key Highlights. Ethereum classic price finally broke down against Bitcoin and tested the 0.00218BTC support. There was a close below yesterday’s stated support area of 0.00225BTC in ETC/BTC. The same broken support area may now act as a resistance if the price moves higher from the current levels. Ethereum Classic Price Resistance. Ethereum classic price as seen trading in a range against Bitcoin before the price started moving down. Yesterday’s highlighted....