Hello, Traders!
After a long consolidation lasting for 9 months, the asset exits the main trading range of $4.78-7.66
ETC is above the MA100 on the daily timeframe and the RSI indicator moved into the bullish area
We may look for an entry in the range of $7.45-$7.75
Place the SL at $6.55
Target price levels will be:
$9.51
$11.30
$12.80
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but a trade I would be following myself
After a long consolidation lasting for 9 months, the asset exits the main trading range of $4.78-7.66
ETC is above the MA100 on the daily timeframe and the RSI indicator moved into the bullish area
We may look for an entry in the range of $7.45-$7.75
Place the SL at $6.55
Target price levels will be:
$9.51
$11.30
$12.80
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but a trade I would be following myself