zorjak

ETC is recovering. Possible profit 50%

Long
zorjak Aggiornato   
BITFINEX:ETCUSD   Ethereum Classic
ETC shows signs of recovering.
Strong resistance is at 40$ but if that is broken ETC can go to 60$.

A lot of things will depend on ETH and BTC. In case of sharp movement of any of these two, resistance breakout will be much harder.
Commento:
BTC is bearish. Be careful with your altcoins

Commento:
ETC increased because of ETH growth mostly. But resistance at 40k is strong. Also bitcoin is bearish so be careful.
Commento:
resistance at 39 is strong for now. Don't enter until it gets broken.
Commento:

ETC is again on the resistance of 39$. If Bitcoin continues its horizontal trend, a further growth is very likely.
Commento:

ETC has broken the resistance at 39$. New resistance was found at 47$. Possible consolidation here. The target of 60$ stays, but it might take some time since bitcoin started downtrend again.

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