Market Analysis of ETCUSDT on Monday 5 AUGUST 2024

2024-08-05 20:42Source:BtcDana

ETCUSDT  TECHNICAL ANALYSIS SHORT TERM VIEW

   

15 minute chart showing calculations ETCUSDT is running in negative trend and stop loss is 19.20 level . It can fall towards 14.50 level   .Intraday purpose selling is better with stop loss 19.20 level expecting intraday targets 16 , 15.80 and 15.50 levels respectively .Resistance area is 17.80 to 19 level .


QUICK FUNDAMENTAL LOOK

                                                                   

Ethereum Classic is set to undergo halving, which is estimated to be between May 27 and June 11.


👨🏻‍🏫POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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