Not an attractive trade on ETCHello Traders.
ETC/BTC doesn't have a RISK REWARD attractive trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us, we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For ETC our stop now have to be below today's candle about 7%, and we have a very strong resistance up ahead about 8%, so we are risking the same as we wanna gain, so we have to look better opportunities.
Please push like button, follow us on Tradingview and on Telegram.
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
