It's been a while since we took a look at Ethereum Classic, a very strong project.
Right now we are looking at the long-term chart on Poloniex for ETCBTC (weekly timeframe)
Here we have the classic break of EMA10 after a new low was hit and later tested and support. This simple move can signal the beginning of a new uptrend.
Chart:
When we look at Ethereum Classic (ETCBTC) closer, the daily timeframe, we can spot the following signals
Strong break of EMA100.
MA200 challenged and broken. The confirmation comes after daily candle closure in ~1H.
Higher low and bullish indicators (MACD and RSI).
Increasing bull/green volume.
Remember to always have a plan just in case things don't go your way.
This is another bullish altcoin that will start moving strongly in Q1 2020 and beyond.
Thanks a lot for reading. Thanks a lot for your continued support.
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