ETCUSDT has been trading under the falling trendline.
The price approached to horizontal support and price bounced back.
Now the price has holding an important support level while trading near the falling trendline.
One can look for breakout on either side.
1) if price break above, one can enter for long positions
2) if price break below support one can short
Trade your levels accordingly.
The price approached to horizontal support and price bounced back.
Now the price has holding an important support level while trading near the falling trendline.
One can look for breakout on either side.
1) if price break above, one can enter for long positions
2) if price break below support one can short
Trade your levels accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.