Are you preparing $ETC for the price explosion? Here is an accurate technical analysis and an ideal trading strategy
🔹 Current price: 17.10 USDT
🔹 Change percentage: +2.83% in 24 hours
🔹 Highest price: 17.14
🔹 Lowest price: 16.36
🔹 Volume: over 502,000 ETC
🔹 RSI (6): 45.42 – approaching the positive momentum area
🔹 MACD: in a negative crossover but has begun to bend towards zero (potential reversal signal)
Technical analysis:
Bollinger Bands are still wide but the price has started to bounce from the lower limit.
A local bottom formed at 15.58, and the price is currently in a slight upward wave.
A green reversal candle indicates an attempt by buyers to regain control.
MA(5) and MA(10) are in a negative crossover phase, but the price is very close to breaking this trend.
Suggested trading strategy:
✅ Entry point: between 16.90 and 17.10
✅ Take profit targets (TP):
First target: 18.00
Second target: 18.90
Stop loss (SL): a clear break below 16.35
Strategy:
Buy with confirmation of a bullish candle on the 4-hour timeframe + crossing MA10 = excellent opportunity to enter with low risk and potential good profit.
Quick summary:
The price is close to strong support and has bounced from it.
Momentum indicators show gradual improvement.
A smart entry now could give you an edge before the next movement explosion.
Are you ready to take advantage of the ETC opportunity before the next rise? Don’t miss the wave