🚨 ETC: What will happen next?
So, now it is very important to watch the $20 level. This is a key support and we cannot break below it with the body of the candle anchored below the level.
If we break through this level, we will see the continuation of downward movements.
The orange lines are our supports.
From them I will enter the long. But the first level of $19.26 is very risky. And in general, with downward movements, our longs will be against the trend, so I will trade a reduced coin volume.
RR 1.5-2. That is, the take is 1.5-2 times larger than your stop. The risk from the deposit on such transactions I usually have 0.3-0.5%.
Resistances are marked with red lines. Important levels that need to be broken for continued growth: 21.42- 22.33$.
If we break through this level, we will see the continuation of downward movements.
The orange lines are our supports.
From them I will enter the long. But the first level of $19.26 is very risky. And in general, with downward movements, our longs will be against the trend, so I will trade a reduced coin volume.
RR 1.5-2. That is, the take is 1.5-2 times larger than your stop. The risk from the deposit on such transactions I usually have 0.3-0.5%.
Resistances are marked with red lines. Important levels that need to be broken for continued growth: 21.42- 22.33$.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.