🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
ETCUSDT In the daily timeframe, according to the analysis presented earlier, it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched.⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
ETCUSDT In the daily timeframe, according to the analysis presented earlier, it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched.⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Nota
Wave 3 or C has completed in the supply zone. Currently, a correction in the form of a corrective wave 2 can continue to the channel floor or order block.In this corrective cycle, the price should not enter the previous lag area of 15.69.
Dagangan aktif
According to the analysis provided, after reaching the supply zone, it faced a negative reaction and selling pressure. It is currently facing demand in the OB zone. If the zone is maintained, it can continue its upward trajectory. 
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.