ETCUSDT had a rejection from the daily resistance level around the 22 $ area, which is significant because it has acted as a key level of resistance in the past.
Currently, the market is testing the support level around the 19 $ area, which is also an important level for traders. If the market is able to hold this support level, it may provide a bullish opportunity for traders to enter a long position. However, if the support level fails to hold, and the price of ETCUSDT retests it as new resistance, this would trigger a short selling opportunity according to Plancton's rules.
Short selling is a trading strategy used by traders to profit from a decline in the price of an asset. In this case, if the price of ETCUSDT loses the support level and retests it as new resistance, it would signal a potential reversal in the market. This could provide an opportunity for short-term traders to enter a short position and profit from a potential decline in the price of ETCUSDT.
In summary, ETCUSDT is currently testing an important support level, and traders should closely monitor the price action to identify potential trading opportunities. If the support level fails to hold, and the price of ETCUSDT retests it as new resistance, it could provide an opportunity for short-term traders to enter a short position according to Plancton's rules.
Currently, the market is testing the support level around the 19 $ area, which is also an important level for traders. If the market is able to hold this support level, it may provide a bullish opportunity for traders to enter a long position. However, if the support level fails to hold, and the price of ETCUSDT retests it as new resistance, this would trigger a short selling opportunity according to Plancton's rules.
Short selling is a trading strategy used by traders to profit from a decline in the price of an asset. In this case, if the price of ETCUSDT loses the support level and retests it as new resistance, it would signal a potential reversal in the market. This could provide an opportunity for short-term traders to enter a short position and profit from a potential decline in the price of ETCUSDT.
In summary, ETCUSDT is currently testing an important support level, and traders should closely monitor the price action to identify potential trading opportunities. If the support level fails to hold, and the price of ETCUSDT retests it as new resistance, it could provide an opportunity for short-term traders to enter a short position according to Plancton's rules.
Ghi chú
More down if the price is going to lose the supportGhi chú
Another Key level to watchGhi chú
4% so farGhi chú
9%
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.