This Ethereum Classic level could see further demand only if... - BitcoinEthereumNews.com
स्रोत: ट्रेडिंग व्यू पर ईटीसी / यूएसडीटी On the charts, we can see a series of lower highs since mid-February, characterizing a downtrend. Over the past couple of days, the $26.95-$27.5 (red box) area has seen demand arrive, but subsequently, the price fell below this area. ETC tested it as an area of supply before descending to the local lows at $24.42, where it has bounced from. A set of Fibonacci retracement levels (yellow) were plotted based on ETCs drop from $33.67 to $24.42 and the $26.6 level presented itself as the 23.6% retracement of this drop. Over the past few hours, the price has climbed above $26.6 – A bullish development. There is still some way to go for the bulls – The $27.5-area and the $27.95-level above it are also places where selling pressure could appear in the near term. A move above the $28-area and its retest could offer a buying opportunity in the next couple of days. दलील स्रोत: ट्रेडिंग व्यू पर ईटीसी / यूएसडीटी The RSI on the hourly chart rose above neutral 50 and retested it as support the previous day. This could be an early sign that momentum has indeed shifted from bearish to bullish. The Cumulative Delta Volume indicator