ETC/USD daily chart ETC/USD market opened at $4.89 this Friday. The bulls have taken control of the market four days in a row. Immediate resistance lies at $5. The price is trending above both the 20-day simple moving average (SMA 20) and SMA 50 curves. ETC/USD 4-hour chart The 4-hour ETC/USD market is consolidating in a flag formation and is ready for a breakout. There was a notable crash four sessions ago, however, the bullish sentiment is so high, that not only did the market recover, but the Elliot wave remained in the bullish territory. According to the moving average convergence/divergence (MACD) histogram, the market momentum remains bullish. ETC/USD hourly chart The ETC/USD hourly chart shows that there have been multiple times when the bears tried to take control of the market. There is a very notable flash crash as well. Each time, the bulls were able to thwart the bears and keep the overall sentiment bullish. The relative strength index (RSI) curve is trending between the neutral and overbought zone. Key Levels Resistance3: $5.4136 Resistance 2: $5.1866 Resistance 1: $5.0014 Pivot Point: $4.7744 Support 1: $4.5892 Support 2: $4.3622 Support 3: $4.1770 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD Technical Analysis: Bulls keep an eye over 0.6920 resistanceline FX Street 4 years ETC/USD daily chart ETC/USD market opened at $4.89 this Friday. The bulls have taken control of the market four days in a row. Immediate resistance lies at $5. The price is trending above both the 20-day simple moving average (SMA 20) and SMA 50 curves. ETC/USD 4-hour chart The 4-hour ETC/USD market is consolidating in a flag formation and is ready for a breakout. There was a notable crash four sessions ago, however, the bullish sentiment is so high, that not only did the market recover, but the Elliot wave remained in the bullish territory. According to the moving average… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
