Ethereum Classic (ETC) Broke Out With Bullish Divergence
Broke out with bullish divergence:
On the daily time frame, ETC has broken out the down channel with bullish divergence, as the priceline is forming lower high and RSI is setting higher high.
Tested strong support:
The prcieline has also tested strong support of $28. This support is not broken down since April 2021. The way the price action has bounced from the strong support and broke out the channel can be a big signal for a big rally soon.
On the daily time frame, ETC has broken out the down channel with bullish divergence, as the priceline is forming lower high and RSI is setting higher high.
Tested strong support:
The prcieline has also tested strong support of $28. This support is not broken down since April 2021. The way the price action has bounced from the strong support and broke out the channel can be a big signal for a big rally soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.