Ethereum Classic awakening, breaking out

13 de jan. de 2018

ETCBTC is now breaking out of what could be termed a loose triangle pattern that was formed as ETCUSD consolidated between November and January during an accumulation phase that occurred just above above its long-term support line. At the same time it is moving back above its 200 day moving average. If we make it above .0033 (confirming the double bottom), I wholly expect ETCBTC to make another run to at least 0.007.

Disclosure: I am long ETCBTC