ETC/BTC TA Update (short-term relief?)

16 Mar 2020

ETC/BTC

ETC may have temporarily found support at 7100 sats regions and manages to break the trendline resistance.
This is a good sign for ETC bulls in the short-term but the battle is still too far.
There is a lot of trading action needed to shift the tide.
ETC needs to hold current levels and must not close below 7100s because
this will invalidate the potential short rally up after breaking the important trendline resistance.
If everything goes well for the bulls, I'm eyeing a potential top at 10k-12k sats levels.