1) Can see great green bullish channel ,. will not play attentions to indicators , just R and S and trend lines. There have 4 reflections, maximum can be 6 and than price should broke/leave the channel.
Touch 5(a) can be in middle line (blue) of channel, or on another side 5(b). If channel will be broken , price may go to 4(red) and this will confirm bearish channel trend.
2) But in same time already formed purple bearish channel, with 3 touches. Touch 4 can be in middle or in new minimum of ETC/BTC.
if use candles there have shadows, which touched R&S levels, but correctly pictures can see only by closing price by line.
#ETC #ETC$ETC #ETCBTC #EthereumClassic
Touch 5(a) can be in middle line (blue) of channel, or on another side 5(b). If channel will be broken , price may go to 4(red) and this will confirm bearish channel trend.
2) But in same time already formed purple bearish channel, with 3 touches. Touch 4 can be in middle or in new minimum of ETC/BTC.
if use candles there have shadows, which touched R&S levels, but correctly pictures can see only by closing price by line.
#ETC #ETC$ETC #ETCBTC #EthereumClassic