ETC/BTC Technical Analysis - CUP & HANDLE PATTERN
@EpicDesigns Technical Analysis Report 3/1/2018
Coin/Asset:
-Ethereum Classic/Bitcoin
Current Price:
-0.00308428
The Technicals:
Technicals:
Ethereum Classic/BTC is forming a pretty nice cup and handle pattern and a breakout is very possible. I got into ETC yesterday at what I thought was a decent entry, but it looks as if we will continue to see lower lows for a while. I'm expecting for the chart to at least finish forming the handle, although I'm not entirely confident the price will swing up. But it is possible.
Keep an eye out for ETC as this cup and handle pattern forms, it could yield some hefty profits if you get in at a dip before the possible up swing, but remember to set your stop losses accordingly and never trade more than you're willing to loose.