✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below:
Now we have four days already of prices staying above this level.
When a level is conquered, the main condition for confirmation is "staying above" said level.
Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave!
So far we are looking great...
On a drop, the relevant levels are as follows:
1- $20.90 for EMA100 and EMA10.
2- $19.50 for EMA21 and 0.382 Fib.
Remember the bigger picture, we are looking good.
Patience is key... Chances are we still have plenty of growth of ahead.
Namaste.