ETC has been working quite well on 15m timeframe but recently became a bit messy. That is why I switched to 4H timeframe.
As you can see it just bounced of 200 MA support and is ready to continue a bull run. On a lower timeframe it looks like it would dump but its not.
Based on recent performance I also projected a price action in the near future - dashed blue line, but this is just a wild guess.
Whats important is to make a safe entry point and take profit with as least risk as possible.
If BTC -0.94% happens to be super bullish , we could also hold this trade for longer. The chart does sort of hint to $20 area but I wouldn't vouch for it.
As you can see it just bounced of 200 MA support and is ready to continue a bull run. On a lower timeframe it looks like it would dump but its not.
Based on recent performance I also projected a price action in the near future - dashed blue line, but this is just a wild guess.
Whats important is to make a safe entry point and take profit with as least risk as possible.
If BTC -0.94% happens to be super bullish , we could also hold this trade for longer. The chart does sort of hint to $20 area but I wouldn't vouch for it.
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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.