Ethereum Classic is shown in this analysis from August 7, 2018 to current date. The most recent pattern coming after a prolonged downtrend on the 1hour timeframe chart is a chart pattern.
Ethereum Classic as at the time of analysis has clearly broken out of the . This implies that the current trend in Ethereum Classic likely is to change from downtrend to side trend, or uptrend at best.
Point of invalidation (POI) of this analysis is a price close below ~$8.77 which would signify a resumption of the already established downtrend.
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