What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel.
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
I expect price to create a new all-time high in the near future.
Connect with me below for more trading inspiration :)
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
Will the momentum continue and drive price down?