On this analysis we will focus on several reversal signals rather than projecting targets.
➖ In October 2023 ETCBTC hits a low and produces a small bounce.
➖ In December the same October low worked as support; More bounce.
➖ In January 2024 this support level fails but only momentarily. ETCBTC moved below just to quickly recover; A stop-loss hunt event and at the same time a bullish signal.
➖ This move is supported by really high buy volume and strong bullish action, indicating that the whales were ready to buy.
➖ Currently, ETCBTC is trading above the support range; a higher low.
This can develop into the next bullish wave.
We will look at potential targets in the future in a different trade idea.
Thank you for reading.
Namaste.
➖ In October 2023 ETCBTC hits a low and produces a small bounce.
➖ In December the same October low worked as support; More bounce.
➖ In January 2024 this support level fails but only momentarily. ETCBTC moved below just to quickly recover; A stop-loss hunt event and at the same time a bullish signal.
➖ This move is supported by really high buy volume and strong bullish action, indicating that the whales were ready to buy.
➖ Currently, ETCBTC is trading above the support range; a higher low.
This can develop into the next bullish wave.
We will look at potential targets in the future in a different trade idea.
Thank you for reading.
Namaste.
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lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.