ETC "bearish flag" and exit down to $4.
ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world.
Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years)
Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks)
For our part, we can say that the historical high $47 for ETC cannot be achieved.
It looks like the ETC price has been trading under the bearish flag for the last two months.
It is unknown how the altcoins will react when Bitcoin starts correction or fall.
The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6.
And the fall may start from the current indicators.
The result in all cases will be the same - the level $4 will strongly attract to itself.
________________________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years)
Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks)
For our part, we can say that the historical high $47 for ETC cannot be achieved.
It looks like the ETC price has been trading under the bearish flag for the last two months.
It is unknown how the altcoins will react when Bitcoin starts correction or fall.
The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6.
And the fall may start from the current indicators.
The result in all cases will be the same - the level $4 will strongly attract to itself.
________________________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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