Market Analysis of ETCUSDT on Monday 12 AUGUST 2024

2024-08-12 19:55Source:BtcDana

ETCUSDT  TECHNICAL ANALYSIS SHORT TERM VIEW

   

15 minute chart showing calculations ETCUSDT is running in positive trend and stop loss is 17 level . It can rise towards 23.50 level   .Intraday purpose buying is better with stop loss 17 level expecting intraday targets 19.10 , 19.20 and 19.35 levels respectively .Support area is 17.86 to 18.93 level .


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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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