ETCUSD hit support level at 13.17, this is very strong support level.
This coin still in bearish pattern, but in manytime support become reversal point (red square mark).
Catching the falling knife is little bit danger, but if you success, you can reach best price to buy at next wave.
We can buy this coin from this position at 13.17, and aim for bullish confirmation level at 21.4.
If this plan success, do not sell at bullish confirmation, wait and see if it break up or not. If it break up, you can aim for more target at 30.33 or go to maximum target at 42.25
What if support breakdown???
If your support break down, stoploss not recomended for this setup, coz meanline is near around 9.06
Use hedging money management with buyback at meanline.
This coin still in bearish pattern, but in manytime support become reversal point (red square mark).
Catching the falling knife is little bit danger, but if you success, you can reach best price to buy at next wave.
We can buy this coin from this position at 13.17, and aim for bullish confirmation level at 21.4.
If this plan success, do not sell at bullish confirmation, wait and see if it break up or not. If it break up, you can aim for more target at 30.33 or go to maximum target at 42.25
What if support breakdown???
If your support break down, stoploss not recomended for this setup, coz meanline is near around 9.06
Use hedging money management with buyback at meanline.
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