Market Analysis of ETCUSDT on Wednesday 2 OCTOBER 2024

2024-10-02 11:57Source:BtcDana

ETCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETCUSDT  running in negative  trend  on 5 minute chart and its immediate strong resistance are 19.70 to 20.20 level .  Stop loss is 20.50 level and it can fall below 15.50 level minimum   because double zigzag pattern made as shown in graph .Intraday purpose selling is better for targets 18.40,18.20 and 18 levels respectively with stop loss 20.50 level. Final stop loss is 21 level .


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Cryptocurrency markets have presented a mixed bag of results recently, with Ethereum Classic (ETC) demonstrating its robust presence in the space.


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

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