Market Analysis of ETCUSDT on Thursday 22 AUGUST 2024

2024-08-22 20:19Fonte:BtcDana

ETCUSDT  TECHNICAL ANALYSIS SHORT TERM VIEW

   

15 minute chart showing calculations ETCUSDT is running in positive trend and stop loss is 17 level and It can rise towards 23.50 level  positionally .Intraday purpose buying is better with stop loss 17 level expecting intraday targets 19.70, 19.85 and 20 levels respectively .Support  area is 17.86 to 18.93 level .


QUICK FUNDAMENTAL LOOK

                                                                   

Despite a marginal decline early today to $19.28 or its Bitcoin equivalent, ETC's market capitalization holds strong at $2.78 billion, backed by a substantial trade volume nearing $140 million.


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

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