• Sat, 07 Dec 2019, 03:51 AM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: ETC/USD confirms 'Golden Cross' on hourly charts, eyes 21-EMA at 6.722

Mon, 22 Jul 2019, 08:11 am UTC

ETC/USD chart - Trading View

Exchange - Coinbase

Technical Analysis: Bias slightly bullish

Support: 6.158 (5-DMA), 5.943 (200-DMA), 4.986 (Lower BB)

Resistance: 6.723 (21-EMA)), 6.955 (38.2% Fib), 7.038 (110-EMA),

ETC/USD has retraced above 200-DMA and is extending gains for the 3rd straight session.

The pair is trading 2.81% higher at 6.459 at 07:45 GMT, intraday bias is bullish.

MACD is on verge of bullish crossover on signal line. 5-DMA is sharply higher.

The pair has formed a 'Golden Cross" (Bullish 50-DMA crossover on 200-DMA) adding to the upside bias.

Stochs and RSI have rolled over from oversold levels. Volatility is rising on the intraday charts.

Scope for test of 21-EMA at 6.721. Break above 21-EMA will see test of 110-EMA at 7.038.

5-DMA is immediate support at 6.158. Break below could see retest of 200-DMA at 5.943.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $7,546.06 (+1.27%)
  • Ethereum (ETH) $149.15 (+0.04%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $213.49 (-0.26%)
  • Litecoin (LTC) $45.64 (+0.83%)
  • Bitcoin (BTC) $7,546.06 (+1.27%)
Dec 6, 2019 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
Reserve Bank of India governor against the development of private digital currencies
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.