Technical analysis Ethereum classic. ETC-USD on May 28, 2018

May 28, 2018

You can see that in ETCBTC pair the level 0.00190000 serves as a strong long-term support, for the last 3 months the price tried to break it, but didn’t manage to do that. As for ETCUSD, we are at the lower edge of the triangle formation now, if we break it, that will be a bad sign for the middle term perspective, there will be a risk of downtrend continuation if we don’t bounce towards the upper edge.

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