Ethereum Classic update: 4hr tf analysis
Price swing from the end of minor wave 3 (in red) up to ~$20.79 has been identified as a minor wave 4 position.
Ethereum classic based on this analysis is therefore in a minor wave 5 position.
The implication of this is for Ethereum classic to close lower than $14.51 (the termination point of minor wave 3) before any bullish move can be sustained.
Point of invalidation (POI) for this analysis is a price close above minute wave ((ii)) of minor wave 5 i.e. $19.32, before Ethereum classic closes below $14.51.
Leave Ethereum Classic update: 4hr tf analysis to:
Best Posts From cryptotrader0029
We have not curated any of cryptotrader0029's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From cryptotrader0029
- Peercoin Bullish Opportunity: Daily Timeframe Analysis
- QQQ Technical Analysis: Bullish Move Not Yet Complete?
- EURCAD Analysis: 4 Hour Timeframe Chart Patterns.
- EOS Technical Analysis: Change in Bearish Trend on the Horizon?
- Bitcoin Technical Analysis: 6 Hour Timeframe Chart Patterns.
- Cardano Technical Analysis: 6 Hour Time frame Chart Patterns.
- Neo technical analysis: Daily timeframe Chart Pattern.
- Bitcoin technical Analysis: Daily Timeframe Chart Pattern
- Bitcoin Cash Analysis: Daily Timeframe Chart Patterns.
- Zcash Analysis: Intraday timeframe chart patterns