The coin is stuck in
a steep downtrend, still on a short - term sell signal, and it is trapped below the key $ 400 level too.
Since our last long - term fractal update, the bull trend failed to confirm after the rising wedge broke down at $ 11,700 and we started
a steep downtrend which made new lows at $ 8,350 few days...
After all, VWO is sitting near 52 - week lows and has been in
a steep downtrend since May.
See on the daily bar chart for the March e-mini S&P futures that prices are in
a steep downtrend and on Wednesday hit a contract and multi-month low.
Ethereum Classic continues to be the weakest major short - term, trading in
a steep downtrend after falling below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait for some strength before entering new positions, despite the attractive price levels.