The storm is rising again!
Opportunities lie within the fluctuations of ETC, key points are about to trigger!
The strategy is out, seize the layout!
Market Analysis:
ETC has been continuously fluctuating at low levels recently, with cautious trading in the market, but the bearish forces seem to be showing signs of weakening. The price is expected to rebound after stabilizing above the support level.
Key Points:
• Support Levels: $24.80, $24.30, $23.90
• Resistance Levels: $25.60, $26.30, $27.00
Short-term Trading Strategy:
Long Strategy:
• Opening Position: $25.10
• Add Position: $24.80
• Stop Loss: $23.80
• Take Profit Targets: First Target $25.60, Second Target $26.30, Third Target $27.00
Short Strategy:
• Opening Position: $25.60
• Add Position: $26.30
• Stop Loss: $27.10
• Take Profit Targets: First Target $25.10, Second Target $24.80, Third Target $24.30
My Prediction:
ETC has strong rebound potential, and in the short term, it is more inclined to long operations. If the price breaks through $25.60, it will rise further. It is recommended to focus on the strength of the support rebound.
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