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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🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🚨 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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.