Ethereum Classic (Technical Analysis)
Hello steemers!
I would like to share with you my vision of the future price movement.
So, Everyone already knows what the ETC. You can find information about this coin here >>> ethereumclassic.org <<<
After the start of trading there was a key level of 0.003. Also worth noting is the high volatility.
Today's low 0.00066868/ high 0.0004872
Now there was a slight correction from 0.00461 to 0.003
Next step:
I guess the continuation of the bullish trend to 0.00729
What do you think about this?
0.007? No chance. ETC will drop and stabilise at a much lower level. I bet it's back down to 0.001 by the end of the day.
In my opinion the ETC market is to illiquid and there are almost no algorithm traders to get accurate results from technical analysis. Maybe you try it with Bitcoin?