Ethereum Classic / Tether

$ETC may have another leg down to 20.00 area on 4h

161
Here on ETC, we can see a lot of down pressure on the 4h time frame

The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above

Now, it looks like a downtrend flag is forming inside the yellow area

This flag is giving us another 2 more down targets the coincide with the floor of yellow channel and another blue support down there

So here we have a lot of confluences that indicate this downward pressure will happen

As BTC is still going sideways and there is some form of cooling down this last days, is much plausible that ETC will have a final last drop on targets number 2 and number 4

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.