Ethereum Classic (ETC/BTC) daily chart. Data source:Poloniex
Ethereum Classic (ETC/BTC) daily chart. Data source:Poloniex

Typically altcoins chart, crashed on listing followed by long term downward pitch

Ethereum Classic (ETC/BTC) 4-hour chart
Ethereum Classic (ETC/BTC) 4-hour chart. Data source:Poloniex
Lingering on slight upgraded bowl-shaped template.

Important Ethereum Classic (ETC/BTC) price levels to watch,
Year High – 0.0016900 January 06 2017
Year Low – 0.0012800 January 20 2017

Ethereum Classic (ETC/BTC) Hourly chart
Ethereum Classic (ETC/BTC) Hourly chart. Data source:Poloniex

Ethereum Classic (ETC/BTC) 30-minutes chart
Ethereum Classic (ETC/BTC) 30-minutes chart. Data source:Poloniex

Showing on important resisistance/supports points that draft the current channel and its latitude.

Some Critical Price Levels for the Immediate Term Based on Fibonacci Retracement Approach


Crucial Resistance Levels


Resistance 1 : 0.00143830
Resistance 2 : 0.00145370
Resistance 3 : 0.00148870

Crucial Support Levels


Support 1 : 0.00138500
Support 2 : 0.00135040
Support 3 : 0.00131910

Trading Idea,


Ethereum Classic (ETC/BTC) 30-minute chart
Ethereum Classic (ETC/BTC) 30-minute chart. Data source:Poloniex

Another awaiting propect on double top strategy.

Ethereum Classic (ETC/BTC) chart. Data source:SimpleFX
Ethereum Classic (ETC/BTC) chart. Data source:SimpleFX

ETC/BTC hovering above ascending upward slop with weaker momentum. The spread is wide than yesterday at SimpleFX. Click here to see the realtime chart and trading here.

BTC Exchanges and Charts With Altcoin Trading,


Yobit
C-CEX
Hit BTC
CEX.io
Virwox
Livecoin
BitMex Futures
Simple FX
Bter
Whale Club
Poloniex

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warning:It’s rather risky to trade crypto-currencies. Please invest by what you are able to afford.

Please let us know what your thoughts on this latest cryptocurrency sensation and update us if you have any insights in the comment section below.

Chart via tradingview, data source from Poloniex, SimpleFX.

The author is a self-described cryptocurrency activist. Ironically, he is not involved directly on the development and mining. But a keen trader that specifically studying and analyzing the chart and prices based on zen principles of candlesticks price action techniques. And most importantly, he is always prone to deceiving price movements that can exposes to trading losses. So trading based on his personal opinions is extremely risky and not advisable.



Please do your own due diligence before making any investment decision. This article should not serve as investment advice. This post is mainly as reference and tutorial for trading on possible cryptocurrency breakout.