Ethereum Classic making some moves on Monday

TECHNICAL OVERVIEW

ETCETH
ETC has been trending higher against ETH since bottoming out back in June and is showing signs of wanting to put in that next higher low at 0.04475 (15Oct low) ahead of the next major upside extension back towards and through the current peak at 0.06200. However, there is some initial resistance at 0.05430 (17Sep high) that would need to get taken out first to strengthen the bullish prospect. Back below 0.04475 would be required to take the immediate pressure off the topside.