ETC/USD - Price Structure
Updated
What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel.
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
Comment
Price has now broken out of the ascending channel twice within the last 24 hours.Will the momentum continue and drive price down?
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