Technical analysis by SynergyTradingSetups about Symbol ETC: Buy recommendation (1/23/2025)
https://sahmeto.com/message/3195276
SynergyTradingSetups
Rank: 3460
Analytical Power:
1.8
ETC Long
Buy
Price at Publish Time:
$29.08
Profit Target:
(+57.45%)$45.79
Stop Loss Price:
(-22.43%)$22.56

ETC looks amazing.23$ is one of the most important levels on this chart. For the past 4 weeks ETC has been regarding it as support.- Bullish Divergence on both oscillators and all higher time frames. - Bullish Dragon broken and backtested at support. - Rising volume after consolidation and break of the spine. - Holding 23$ as support and the 200MA. - Weekly reversal candles confirmed for now. Most coins don't look great, but this one does. I'd be cautious and not over allocate.
Source Message: TradingView