Hello Community,
Welcome to this analysis of mine about the Cryptocurrency Market. As the new year 2022 has emerged there are important coins within the market which show up with interesting developments especially as the volatile movements increase therefore it is reasonable to watch for picked altcoins within the market that are likely to unfold further potential and determine important patterns to move on with. In this case, as I analyzed the cryptocurrency market I found Ethereum Classic with recently completed a paramount formation on high volatile movements in the market and breaking out above the upper boundary of the broadening wedge formation as it is marked in my chart. This is a very strong movement by Ethereum Classic which is suggesting further movements to wait around the corner. Besides the completion of this major formation, you can also watch how Ethereum Classic is developing this confirmational triangle formation above the upper boundaries and is now about to setup further waves in this direction especially once the triangle formation has been completed with a breakout above the upper boundary as seen in my chart. Once Ethereum Classic has shown up with these developments the targets in my chart will be activated and Ethereum has a solid high likelihood possibility to reach out to these target zones in the upcoming times. It will be an interesting journey ahead.
In this manner, thank you everybody for watching. Let's move forward together.
The information provided is only educational and should not be used to take action in the markets.
Welcome to this analysis of mine about the Cryptocurrency Market. As the new year 2022 has emerged there are important coins within the market which show up with interesting developments especially as the volatile movements increase therefore it is reasonable to watch for picked altcoins within the market that are likely to unfold further potential and determine important patterns to move on with. In this case, as I analyzed the cryptocurrency market I found Ethereum Classic with recently completed a paramount formation on high volatile movements in the market and breaking out above the upper boundary of the broadening wedge formation as it is marked in my chart. This is a very strong movement by Ethereum Classic which is suggesting further movements to wait around the corner. Besides the completion of this major formation, you can also watch how Ethereum Classic is developing this confirmational triangle formation above the upper boundaries and is now about to setup further waves in this direction especially once the triangle formation has been completed with a breakout above the upper boundary as seen in my chart. Once Ethereum Classic has shown up with these developments the targets in my chart will be activated and Ethereum has a solid high likelihood possibility to reach out to these target zones in the upcoming times. It will be an interesting journey ahead.
In this manner, thank you everybody for watching. Let's move forward together.
The information provided is only educational and should not be used to take action in the markets.
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►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.