#ETC/USDT The price is moving within an ascending channel
#ETC
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing a downward trend, moving in a downtrend and likely to continue due to overbought conditions.
There is a key resistance zone in green at 8.00. The price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 8.38
First Target: 8.58
Second Target: 8.83
Third Target: 9.13
Stop Loss: At the resistance zone in green.
Remember this simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing a downward trend, moving in a downtrend and likely to continue due to overbought conditions.
There is a key resistance zone in green at 8.00. The price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 8.38
First Target: 8.58
Second Target: 8.83
Third Target: 9.13
Stop Loss: At the resistance zone in green.
Remember this simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
Trading ditutup: target tercapai
#ETC
First Target: 8.58 Reached
Second Target: 8.83 Reached
Third Target: 9.13 Reached
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.