Market Analysis of ETCUSDT on Monday 3 JANUARY 2024

2025-02-03 17:35Source:BtcDana

 ETCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETCUSDT can fall towards 17 dollar with stop loss 21.75 level in short term .Immediate strong resistance are 19.68 to 21.25 level and it can continue its downtrend  below 17 dollar in form of wave 3 or wave 5  .Intraday purpose selling  is better for targets 19.30, 19.10 and 18.85 levels respectively .


QUICK FUNDAMENTAL LOOK


 The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump’s announcement of new trade tariffs.


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

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