Crypto Screener Forums Ethereum Classic (ETC) Forecast – Technical Analysis Ethereum Classic (ETC) Technical Analysis – December 2017

This topic contains 1 reply, has 1 voice, and was last updated by margincall margincall 1 year, 5 months ago.

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  • #1143
    margincall
    margincall
    Keymaster

    This is the thread for analysis on the Ethereum Classic markets in the month of December 2017.

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  • #1144
    margincall
    margincall
    Keymaster

    Zooming out to Day candles on the ETC markets to get a birds eye view of the current situation.

     
    ethereum classic forecast
     

    We can see that ETC is in a very nice bull run at the moment, and I see our recent market action as a very healthy correction.

    You can see the Ichimoku cloud is giving us a clear bull sign, longer term speaking.

    On the short term we can see that the bears are selling in the $30 zone, with the bulls buying up in the 20’s.

    The market could be in for some more sideways action before attempting to break the previous ATH.

    Feel free to discuss my trade ideas with us on Slack. Safe trades.

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