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After breaking the price of 42 USDT and confirming the break.
Confirmation of the break of resistance or support in this 1-H chart; that is, the bar (or candle) closed at the top of the resistance or support price, as well as the next candle, growing at least around 5 pip ( in forex usually call it pips ) or units ( 5 pips in cryptocurrency is...
#ETC/USDT
$ETC shaped double top pattern, and dropped to ascending support that is the same with neckline of double top.
🐻 if bears success to hold the resistance and break down from ascending support, price will drop as high as top to support zone between $19 and $17.5.
🐮 but if bulls overcome the battle and break out resistance zone and descending resistance,...
Hi guys
The triangle is broken upwards. It is expected that the price will increase to the ceiling after the failure of the midline. Of course, the target will be updated according to the bitcoin trend
What do you think?
If you have any questions, I will be happy to answer
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Do not pay attention to shadows
This analysis...
The price can reach 0.5 Fibonacci levels. One step can enter. If $ 57 support is lost, another step can be taken in the strong support of 0.618 area. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
ETC/USDT may drop to 52 then bounce to 70 anytime after june 15th midnight.
Entry Point: 53
Take Profit 1: 63
Take Profit 2: 69.4
Stop-Loss: 49
PS: This is only true if bitcoin doesn't turn to supernova or drop on sudden
Have a good trading day!
The global trend is growing.
Locally, the trend is growing.
A $218 level breakthrough will open the way to $250.
Indicators are directed upwards.
Pressure on the level.
Close level retest.
Chances to break up are getting higher.
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Before to trade my ideas make your own analysis.
Thanks for your support!
