Ethereum Classic / TetherUS

ETC fights against resistance

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Hello everyone, let's look at the 4H ETC to USDT chart as we can see that the price is moving in a downtrend channel.

Let's start by setting goals for the near future that we can include:
T1 = $28.51
T2 = $29.92
T3 = $31.92
T4 = $35.08
AND
T5 = $37.63

Now let's move on to the stop loss in case of further market declines:
SL1 = $22.82
SL2 = $20.04
AND
SL3 = $18

Looking at the RSI indicator, you can see a sideways movement near the middle of the range, while the STOCH indicator started to reverse from the middle of the range.

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