Etherum Classic
Daily Chart
Looks like it could breakout from the downwards trendline.
Bullish MACD divergence(shown with yellow arrows)
Double bottom at 13.6k
Near its lowest price of 9.8k(support)
Wait to see if it breaks out of downwards trendline. If it doesn't, then it must break out of the shorter term upwards trendline. That would most likely push the price down to one of the support lines, which is a great price to buy at.
After you buy, 30.6k should be a good level as a good TP point(you should partially exit the trade over time at short-term tops, and can hold it longer if it looks strong).
Daily Chart
Looks like it could breakout from the downwards trendline.
Bullish MACD divergence(shown with yellow arrows)
Double bottom at 13.6k
Near its lowest price of 9.8k(support)
Wait to see if it breaks out of downwards trendline. If it doesn't, then it must break out of the shorter term upwards trendline. That would most likely push the price down to one of the support lines, which is a great price to buy at.
After you buy, 30.6k should be a good level as a good TP point(you should partially exit the trade over time at short-term tops, and can hold it longer if it looks strong).
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4 Hour Chart:
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Google trends:
When only searching for ethereum classic, you can see the interest growing.
i.imgur.com/60h550G.png
But, if you compare it to eth's popularity:
i.imgur.com/cUd7sbn.png
When only searching for ethereum classic, you can see the interest growing.
i.imgur.com/60h550G.png
But, if you compare it to eth's popularity:
i.imgur.com/cUd7sbn.png
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