Technical analysis by SwallowAcademy about Symbol ETC: Buy recommendation (5/23/2025)
https://sahmeto.com/message/3541143
SwallowAcademy
Rank: 30684
Analytical Power:
1.2
Ethereum Classic (ETC): Looking For Bounce Zone | 200 EMA
Buy
Price at Publish Time:
$18.82
Profit Target:
(+6.29%)$20
Stop Loss Price:
(-9.65%)$17
ETC is dipping hard, driven by the dip of Bitcoin. We are looking for a touch area or bounce zone, which we have chosen to be near the 200EMA. Previously we had a nice bounce from there after a similar dip like we have right now.Swallow AcademyETC had a nice run but eventually we failed to maintain the buyside dominance near EMAs.
Source Message: TradingView