oldstout

ETC double bottom?

Viés de alta
POLONIEX:ETCBTC   Ethereum Classic/Bitcoin
Well, all details as usual at chart. We have potential double bottom, bullish divergence, breakout of falling wedge (with 2 versions of lower low).
1st and a little shy target should be around 0.5-0.618 fibo, a little above 1h Ichi Cloud and near higher line of 1h BBands.
If ETC will break 1.0 fibo, it can to 2nd target, which can be around 280-290k area.

Oh, the whole alt polo market weatching and pumping XMR. I see clear inverse correlation between XMR annd ETC. So if XMR had new alltimehigh and will go sideways/correct, it can be favorable for ETC imo.
Aviso legal

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