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(ETCUSDT 1W Chart)
There is virtually nothing to say because it has gone down more than I imagined.
ETC's only hope is whether mining can be concentrated on ETC after ETH is converted to POS.
In order to continue the upward trend, it should rise to the 36.26-47.10 section.
(1D chart)
Below 36.26 is a mid- to long-term investment area.
Therefore, it is not advisable to trade within this interval.
However, the important key is whether or not it can rise above 36.26 in accordance with the movement of BTC or ETH prices.
Below 16.05 is most likely a long-term investment area, so you need to trade cautiously.
For now, we need to see if it can go higher than the MS-Signal indicator.
** UNI and ETC coins were published with the expectation that there will be a movement to turn to an upward trend by touching the MS-Signal indicator on the 1D chart.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSDT 1W Chart)
ETC's only hope is whether mining can be concentrated on ETC after ETH is converted to POS.
In order to continue the upward trend, it should rise to the 36.26-47.10 section.
(1D chart)
Below 36.26 is a mid- to long-term investment area.
Therefore, it is not advisable to trade within this interval.
However, the important key is whether or not it can rise above 36.26 in accordance with the movement of BTC or ETH prices.
Below 16.05 is most likely a long-term investment area, so you need to trade cautiously.
For now, we need to see if it can go higher than the MS-Signal indicator.
** UNI and ETC coins were published with the expectation that there will be a movement to turn to an upward trend by touching the MS-Signal indicator on the 1D chart.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
