🔔 ETC reached horizontal resistance. What's next?
Hello, dear TradingView members.
This idea is an ETC brief analysis.
This coin has reached the Horizontal Resistance area in the 1H timeframe.
There is a high possibility that the price will go down for corrections.
If you are interested in opening short positions, this would be a good chance.
If you want to open long positions or buy this coin, it's better to hold for further confirmations to see what happens.
RSI is also extremely overbought.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This idea is an ETC brief analysis.
This coin has reached the Horizontal Resistance area in the 1H timeframe.
There is a high possibility that the price will go down for corrections.
If you are interested in opening short positions, this would be a good chance.
If you want to open long positions or buy this coin, it's better to hold for further confirmations to see what happens.
RSI is also extremely overbought.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Trade closed: stop reached
