Technical analysis by SynergyTradingSetups about Symbol ETC: Buy recommendation (1/23/2025)
https://sahmeto.com/message/3195276
SynergyTradingSetups
Rank: 11448
Analytical Power:
1.5

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.
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$45.79Stop Loss Price
$22.56First Support:
$23First Resistance:
$45.79Price at Publish Time:
$29.08