BTC/ETC WEEKLY ANALYSIS

in #bittrexx7 years ago

Ethereum classic has formed a strong group pattern drifting on a lower low lower close. It is not safe to trade with indecision candles , the only strategy that can be applied here is a last kiss analysis. Put the indecision candle sticks in a consolidation box and wait for the trend to move up or down according to the supply and demand ratio image
Looks the bears are in control of the market and the bulls are trying to gain momentum. image
The trend went blew the consolidation box and started drifting again on a lower low lower close
The bulls are trying to gain their momentum for now just trade on fundamental analysis and make sure you stick to your trading plan good luck

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