đź’ŽETC has recently experienced significant market dynamics, breaking out of a key resistance level area.
đź’Ž There's potential for the price to undergo a retesting phase before continuing its upward movement, probability of reaching our target area.
đź’Ž However, if during the retesting phase, ETC fails to bounce or even breaks down below the support level, it could indicate a false breakout. In such a scenario, the price may revert to a downward movement, with the next potential stop being the demand zone around the $28 area.
đź’Ž It's crucial for ETC to bounce at the demand zone and reclaim the price above the support level if it intends to sustain its upward momentum. Failure to do so could result in further downward movement for ETC.
đź’Ž There's potential for the price to undergo a retesting phase before continuing its upward movement, probability of reaching our target area.
đź’Ž However, if during the retesting phase, ETC fails to bounce or even breaks down below the support level, it could indicate a false breakout. In such a scenario, the price may revert to a downward movement, with the next potential stop being the demand zone around the $28 area.
đź’Ž It's crucial for ETC to bounce at the demand zone and reclaim the price above the support level if it intends to sustain its upward momentum. Failure to do so could result in further downward movement for ETC.
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đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Want to trade like a PRO without the 15+ year learning curve?
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.