MarketMinds

Not an attractive trade on ETC

BINANCE:ETCBTC   古典以太坊 / 比特幣
Hello Traders.

ETC/BTC doesn't have a RISK REWARD attractive trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us, we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For ETC our stop now have to be below today's candle about 7%, and we have a very strong resistance up ahead about 8%, so we are risking the same as we wanna gain, so we have to look better opportunities.

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Best regards, Sandro and Gustavo.

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