4-hour timeframe
🔥 ETC/USD 4H Analysis: Bullish Momentum? 💪
ETC on the 4-hour chart is forming a potential ascending triangle, signaling a possible breakout. Current price: ~$16.92. MACD shows a bullish crossover, and RSI (51.85) remains neutral.
🔑 Key levels:
Resistance: $17.50 (Fibonacci 61.8%).
Support: $16.46 (200-hour SMA).
📈 Forecast: A breakout above $17.50 could send ETC to $18.00. If the support at $16.46 fails, a pullback to $16.00 is possible. Be cautious of volatility! ⚡
