For now, Ethereum Classic found a support at $29.43 and is re-testing $31 resistance.
A bullish break-out of $31 and a bullish candle closure above this level will result in a re-test of $32.91-$34.26 where the EthereumClassic price action will be very important.
A rejection of $31 followed by a bearish break-out of $29.43 will push #ETC price lower towards $26.49.
Intraday Chart
The ETCUSDT 4-Hour chart is bearish and lingering around $31.
A bearish rejection of $31 or $33.10 resistance will push ETC price towards the key intraday support zone at $26.76-$28.53, where I will be closely watching the price action.
A bullish break-out of $31 followed by a break-out of the key resistance at $33.10 will push price to re-test $37, however the price action may be slow and choppy .
Support once read!
Thank you.
A bullish break-out of $31 and a bullish candle closure above this level will result in a re-test of $32.91-$34.26 where the EthereumClassic price action will be very important.
A rejection of $31 followed by a bearish break-out of $29.43 will push #ETC price lower towards $26.49.
Intraday Chart
The ETCUSDT 4-Hour chart is bearish and lingering around $31.
A bearish rejection of $31 or $33.10 resistance will push ETC price towards the key intraday support zone at $26.76-$28.53, where I will be closely watching the price action.
A bullish break-out of $31 followed by a break-out of the key resistance at $33.10 will push price to re-test $37, however the price action may be slow and choppy .
Support once read!
Thank you.
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