ETC/USDT – 1H Chart Analysis (Spot Trading)
Current Price: $16.73
Signal: BUY on Breakout Above 16.84
Buy Confidence: 79%
Entry Zone: $16.75 – $16.85 (after candle closes above 99 MA)
Take Profit (TP): $17.20
Stop Loss (SL): $16.45
(Chart-based analysis only – not trading advice)
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Spot Trading Breakdown:
Bullish Signs Building:
1. Strong bounce from $16.16 — confirmed bottom formation (✅)
2. MA(7) > MA(25) — early bullish crossover (✅)
3. RSI(6) at 67.80 — trending up but not yet overbought (✅)
4. Volume increase on last green candles — buyer strength appearing (✅)
5. Challenging the 99 MA resistance at $16.84 — breakout near (⚠️)
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Spot Strategy:
Wait for breakout confirmation above $16.84
Enter between $16.75 – $16.85
Target: $17.20
SL: $16.45
If Already Holding:
Hold through $16.84 breakout, scale out between $17.20 – $17.35
