Ethereum classic overview: 6 hour timeframe

in #cryptocurrency • 8 years ago

A log scale for Ethereum classic is presented in this analysis on a 6 hour time frame. A falling wedge is used to capture price action from ~ February 6, 2018 to current date.

ETCUSD.png

Resumption of bullish momentum, with price closing above ~$15 would confirm the chart pattern, which is ideally bullish. Physical measurements and/ or projections based on the pattern are best carried out on an arithmetic scale.

Interested in Bitcoin analysis (BTCUSD)? Check out our previous work below
https://coinanalyst.investments/2018/10/15/bitcoin-analysis-8/

Moreover, Cardano analysis can be found here:
https://steemit.com/trading/@cryptotrader0029/cardano-technical-analysis

#crypto #trading #steemit #investing
8 years ago in #cryptocurrency by
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