Here you see the uptrend channel that is formed for the ETC/ETH pair recently and price have been playing nicely within the ranges of the channel. Right now price is at the bottom of the channel and we can enter a long position if a nice bounce at this location happens (preferably 4h candle with good volume)
Entry: the top of the green candle (if formed)
Stop loss: If price dropped out of the bottom of the channel
Target: the midjan line of the channel (~0.044 ETH)
NOT A FINANCIAL ADVICE :D
Entry: the top of the green candle (if formed)
Stop loss: If price dropped out of the bottom of the channel
Target: the midjan line of the channel (~0.044 ETH)
NOT A FINANCIAL ADVICE :D
Order cancelled:
the channel failed to act as support here, price dropped further and went outside of the channel bound.