Etcusdtshort
ETCUSDTBINANCE:ETCUSDT SHORT IDEA
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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ETC going 35 or below?Weekly timeframe looking bearish and shows hidden bearish divergence, would it reach 35 or even below?
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
ETCUSDT, We are going to complete Wave CHello everybody
We hope that everyone are in profit in these days of market and a f.. war :(
According to the chart and last analysis that we published, the price was moving in downward trend and we can say that is moving in downward channel.
According to the Elliott theory now are in wave C and we need to complete it, We shown on chart one of the most powerful PRZ level that can the price impact it and ready to move upwards from this level.
But important thing is : PRZ Level is the zone that have power to change the trend not surely do it just have the power.
In these days until Feds event not happend do not trade because its risky for everyone, wait the market show us what gonna do :D
Observe to your capital management
Good Luck
Abtin
Very Previous analysis :D :D :