readCrypto

Ethereum Classic (ETC) - August 19

BITFINEX:ETCUSD   Ethereum Klasik
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There is a big bad news for ETC, so I think careful trading is necessary.

New investments are not recommended.

I think it is necessary to trade to preserve profit and loss as much as possible.

We have to see if we can climb above the critical section of 8.3.

You need to make sure you can get support at the 7.008 point.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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