ETC 4H – Symmetrical Triangle at Decision PointEthereum Classic / TetherUSBINANCE:ETCUSDTBKVIPETC on the 4H timeframe is currently trading around 8.21 after ranging inside a symmetrical triangle since late May, with the two converging trendlines now pressing price into the apex as the structure approaches a resolution. The chart shows a symmetrical triangle formed by a descending upper trendline originating from the May high near 8.40 and a rising lower trendline connecting the June 6 low near 6.43 through the June 25 low near 6.66 and the July 2 low near 6.82. Price has oscillated between both boundaries across the entire visible structure, with the upper trendline rejecting recoveries near 7.70–7.80 in mid-June and again near 7.60–7.70 in late June, while the lower trendline has caught each significant low with higher touches confirming its upward slope. Two horizontal reference levels sit inside the triangle — one near 7.20–7.25 and a second near 7.00–7.05 — both of which have acted as consistent pivots throughout the compression. The upper trendline is now declining into the 7.30–7.40 area while the lower trendline rises toward 6.90, leaving very little room remaining before a breakout is forced. Price is currently sitting in the upper half of the triangle near 7.12, pressing toward the descending upper trendline with both lines converging rapidly into the apex. Key Levels To Watch → 8.30–8.40 – May high, major resistance above → 7.90–8.00 – Prior consolidation zone, resistance → 7.60–7.70 – Prior recovery high, upper trendline rejection zone → 7.30–7.40 – Descending upper trendline, current overhead resistance (dynamic) → 7.20–7.25 – Horizontal pivot, inside triangle → 7.00–7.05 – Horizontal support, lower reference → 6.82–6.90 – Rising lower trendline, dynamic support (climbing) → Below 6.43 – Triangle breakdown, extended downside A confirmed break above the descending upper trendline near 7.30–7.40 and a close above 7.60–7.70 would signal a bullish resolution out of the triangle, opening a move toward 7.90–8.00 and potentially a retest of the May high near 8.30–8.40. A confirmed break below the rising lower trendline near 6.82–6.90 and a close beneath 7.00–7.05 would signal a bearish resolution, removing the only upward structure in place since the June low and opening downside toward 6.43 and potentially below. Triangle apex approaching, breakout direction will define the next significant move. Break above 7.30–7.40 trendline → bullish resolution, eyes on 7.90–8.30. Break below 6.82–6.90 → bearish resolution, downside toward 6.43 and below. Bias neutral inside compression. Direction confirmed only on a decisive close outside either trendline.