Having a look at the ETCETH chart you can see Ethereum Classic broke up bullishly from a months long downtrend, created an inverse head and shoulders, and has just passed the neckline.
It also broke above the 2HR EMA ribbon, which has flipped fully bullish, and is above the 4 HR ribbon as well, it’s just not fully crossed over to a bullish moving averages ribbon.
Also worth noting, in 2021 ETC had higher returns than ETH and BTC combined. The price has fallen significantly and while others are bearish, I see the ETC Cooperative hiring more developers, more 3rd party projects getting built on chain, and I am BULLISH. Sell ETH. Buy ETC.
**Not financial advice
www.tradingview.com/chart/wiGUnO55/
It also broke above the 2HR EMA ribbon, which has flipped fully bullish, and is above the 4 HR ribbon as well, it’s just not fully crossed over to a bullish moving averages ribbon.
Also worth noting, in 2021 ETC had higher returns than ETH and BTC combined. The price has fallen significantly and while others are bearish, I see the ETC Cooperative hiring more developers, more 3rd party projects getting built on chain, and I am BULLISH. Sell ETH. Buy ETC.
**Not financial advice
www.tradingview.com/chart/wiGUnO55/