#ETC/USDT
ETC is dropping to touch middle line of descending parallel channel that is the same with long term support zone between $15.7 and $13.5 and weekly descending support line.

🐻 breaking down from middle line can drop price to support zone around $7.5 and even more dip to lower line of channel around $4.

🐮 holding support zone and rejection from middle line of channel can help bulls start a rally to upper line of channel and break out from upper line will increase price to weekly descending resistance.

snapshot
etcETCUSDTethereumclassicFalling WedgeParallel ChannelSupport and ResistancetrendtradingWedge

Also on:

Related publications

Disclaimer