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📈 A new increase to come?
Ethereum Classic Weekly Situation (ETC):
📊 ETC seems to be in a period of accumulation since the end of 2022, but the price has been correcting since the beginning of December. The price could recover once again at the level of the bullish trendline...
Bullish signal:
🔜 Retention of the bullish trendline and $17 at the close
🔜 Rebound beyond the (EMA13/MA30) moving averages
🔜 Closes above $29
🔜 Bullish cross on the Stochastic (momentum haussier)
Theoretical targets:
👉 Fibonacci extensions 2 and 2.618 (entre $50 and $70 )
👉 3.618 Fibo extension at $120