Technical analysis Ethereum Classic. ETC-BTC on June 13, 2018

June 14, 2018


Despite the global fall on all the markets, Ethereum Classic has demonstrated good impulsive breakout. Now we can see the retracement, but the support meets us within 0.002000-0.002060 zone. We can go a bit lower or gain the volume from the current level in order to form the uptrend movement. We should not expect the quick result, however, ETC has good chances to overcome its recent high in the middle term perspective. On one day timeframe, it is very bullish and has a good impulse for further growth. The breakout that the market got recently is a very good sigh if to take into consideration the negative atmosphere of the market.

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