ETC 200-Day Moving Average May Stop Momentum Higher

11 gen 2020

Ethereum Classic - ETC has touched it's 200-day moving average, which might act as resistance. This is also an area where it found support in July and August of 2018. It would make sense for it to stall here after quite a good run higher.

15 gen 2020

Trade attivo

After passing the 200-day moving average, ETC has had strong momentum to the 8 range. There's resistance here from last September. If it can surpass that, it's heading to the next pivot high near 9.7. Raising the stop here again.