#20 gold coin watch pro

Ethereum Classic has resistance above at $38.95 and $41.41 and support below at $35.38 and $32.17.

Traders will want to see the reversal candlestick form above the 200-day simple moving average, to indicate the bull cycle will continue.

Bullish traders who aren’t already in a position can watch for Ethereum Classic to print a higher low by forming a reversal candlestick on its next retracement.

When a stock or crypto’s RSI reaches or rises above the 70% level it becomes overbought, which can be a sell signal for technical traders.

A retracement, at least to print another consecutive higher low, is likely to come soon because Ethereum Classic’s relative strength index (RSI) is measuring in at about 80%.24K-gold plating, stainless steel body, quartz movement. During Wednesday and Thursday’s sessions, Ethereum has continued to form higher highs but the temporary top hasn’t yet printed. Watch face is a proof quality recreation of the 1849 20 Eagle reverse design. Ethereum Classic is also trading in a confirmed uptrend, with the most recent higher low formed on July 26 at $22.82 and the most recent confirmed higher high printed at the $28.20 mark on July 23.The measured move of the break from the pattern is 94%, which indicates Ethereum Classic could eventually make its way up to the $43 dollar mark. The Ethereum Classic Chart: Ethereum Classic’s bull flag was formed between July 13 and July 22, with the pole created over the first seven 24-hour trading sessions of that timeframe and the flag formed over the remaining days.

#20 gold coin watch pro

Want direct analysis? Find me in the BZ Pro lounge! Click here for a free trial. When a stock breaks up from a bull flag pattern, the measured move higher is equal to the length of the pole and should be added to the lowest price within the flag.Ī bull flag is negated when a stock closes a trading day below the lower trendline of the flag pattern or if the flag falls more than 50% down the length of the pole. Bullish traders will want to watch for a break up from the upper descending trendline of the flag formation, on high volume, for an entry.Aggressive traders may decide to short the stock at the upper trendline and exit the trade at the lower trendline.

For bearish traders, the 'trend is your friend' (until it's not) and the stock may continue downwards within the following channel for a short period of time.