Ethereum Classic Price Technical Analysis – ETC/BTC Trend Bearish
Ethereum classic price may continue to weaken, and the 4-hours chart of ETC/BTC points a break down if the bulls do not appear soon. Key Highlights. Ethereum classic price remained under heavy selling pressure and traded as low as 0.00106BTC. The 4-hours (data feed via Simplefx) of ETC/BTC clearly suggests a bearish trend with many resistances on the upside. The most important hurdle on the upside is near 0.00115BTC, followed by 0.00121BTC. Ethereum Classic Price Decline. There was a minor recovery in ETC price against the Bitcoin yesterday, but the price could not retain the momentum.....
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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 struggle continued during the past 24 hours against Bitcoin. More losses ahead in the ETC/BTC pair? Key Highlights. Ethereum classic price continued to dive against Bitcoin and traded as low as 0.00258BTC. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance. The price may correct a few pips lower in the short term, but remains in a downtrend. Ethereum Classic Price Resistance. Ethereum classic price ETC remained under a lot of bearish pressure against Bitcoin, and there....
Ethereum classic price moved down below 0.00260BTC and currently recovery. However, it remains below an important resistance of 0.0030BTC. Key Highlights. Ethereum classic price continued to weaken and formed a new low for the week against Bitcoin. This week’s highlighted connecting bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continue to act as a barrier and preventing gains. The price may remain under a bearish pressure as long as the highlighted trend line resistance holds. Ethereum Classic Price Resistance. Ethereum classic price moved down further versus....
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....