P_S_trade

ETC 1D There is interest in the coin, but for how long?

BINANCE:ETCUSDT   Ethereum Classic / TetherUS
From September to mid-November - 2.5 months, the accumulation of Classic continued.
As a result, a powerful shot upwards by +60% at decent volumes.
However, the previous high could not be updated, although the global target, where sellers should drive the price, is in the range of $9.70-10.

Now a few scenarios for the coming days-weeks:
1) ETS fixes above $6.40 - the result is: continued growth to the zone $7.40-7.80, where sellers should become more active.
- if sellers cannot protect the last bastion $7.40-7.80 from the invasion of buyers, then the price will be broken up to the zone of $9.70-10.
2) the most pessimistic forecast is that if buyers do not have enough strength even to fix above $6.40, then the price may fall like a stone downward. The level $3.50 is waiting.
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