ETC/BTC Bearish TimeHello Traders,
Today i am gonna be doing a quick analyses about Ethereum Classic, for this asset we have a big uptrend moviment, and now the bears held control of the price, we lost wall the fibonnacci Retracement levels, we dont have any bulls defence, and now the price is acumuting on it seens to be a Bearish Rectangule, the last chance to make the price have uptrend moviment is remaing above the 0.03828 level, if we lost this level, the price will go back to test the important support line.
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Best regard Sandro and Gustavo.
Ethereumclassic
Ethereum Classic Heiken ashi in a chop range but still looks like it could be upward continuation
Renko on the bottom is showing a double bottom cup pattern
Order book seems in favor of the bulls
I don't have a crystal ball but if this trend continues I think we could top out in the mid $20s but that is just complete speculation based off Fibonacci extensions
Callisto - Cup & Handle - Long project DirectionTrend Analysis
After the halving on currento month:
🔺 the Callisto inflation is effectively extremly reduced
🔺 the Orderbooks are now depleted on buy direction
🔺 no sell wall below 20 sat is visible on the three major exchanges Bitfinex, HitBtc and Stex
Fudamentals
Key points for CLO in 2020:
🔺Cold Staking Update
🔺Governance System
🔺Listing of CLO EOS Token at DEX'es
🔺Security Dept. Expansion
Ethereum Classic vs Ethereum | Support & Resistance LevelsFor all the geniuses that trade ETH pairs, here we are looking at Ethereum Classic vs Ethereum (ETCETH).
We have a dropped that stopped at 0.786 Fib. retracement support, so a potential bounce is in play.
Below this level, marked blue on the chart, prices can easily move lower. While above this level we start to see the bullish potential.
The MACD and RSI are starting to curve and forming a cup... If there is enough follow up and prices can move above EMA10, ETCETH can easily continue higher.
Thanks a lot for reading.
Namaste.