CRYPTANALYSIS - HOUSE VIEW ON KEY ALTCOINS

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21.TECHNICAL ANALYSIS: ETCBTC (Published: 12th Jul, 2017)
ETC/BTC was in a downtrend for almost a month. Recently it broke out the support level at 0.0060 and then traced back. However, the market was bearish these days and the MACD line moved lower when there was a lower low, meaning that the downtrend was not weakening. When the price retrace again and then keep falling, it would be a good entry for a short trade.

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