Ethereum classic is reaching the 300% extension from February
ETC.X is testing a 300% Fibonacci extension from February low 140.66. This is now our first known strong resistance as it is the high never seen before. A confirmed break above this resistance is required for the upside extension and a test of 168. Since we saw profit-taking here and a technical rejection before new buying wait for a pullback to build a good buying position around 90-100 zone. ETC.X is in the strong upside trend and you can use these rejections to take some profit on your existing position and buy lower.
Note – look to build a buying position in the 90-100 zone
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