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Technical analysis by samideluxe about Symbol ETC: Buy recommendation (10/24/2022)

https://sahmeto.com/message/513352
samideluxe
samideluxe
Rank: 9845
1.6
Buy،Technical،samideluxe

It seams that crypto has bottomed for the short&medium term. That would be definitely confirmed if the potential inverse h&S pattern would play out as described bellow:Etc, seams to be forming a potential, h&S patternIf this scenario will play out the first Short term-target appears to be approx 31$ Around the long-term resistance which is the upper trendline.The second potential medium-term target would then be around 50$, where the next major resistance would lie and where the inv. h&S pattern would be confirmed if there where to be a breakout above that price-zone, thus confirming a bottoming and a reversal in the market, signaling a new bull.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$16.74
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