ETCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
ETCUSDT running in positive trend and its immediate strong support on 15 minute chart are 18.78 to 19.07 level . Stop loss is 17.55 level and it can rise towards 21.10 level minimum because of double zigzag correction pattern made on 15 minute chart .Intraday purpose buying is better for targets 19.65 , 19.85 and 20.10 levels respectively with stop loss17.55 level.
QUICK FUNDAMENTAL LOOK
"Crypto hedge funds have really thrown in the towel on bitcoin lately. They have reduced their bitcoin market exposure to only 0.37 over the past 20 trading days, the lowest level since October 2020," ETC Group Head of Research André Dragosch said.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .