What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel.
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
Nota
Price has now broken out of the ascending channel twice within the last 24 hours.Will the momentum continue and drive price down?
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.