💎 ETC has undeniably captured significant attention in the market. Currently, it is exhibiting a Bullish Flag pattern, and if it successfully breaks the resistance pattern of this formation, there is a probability of a smooth movement toward our target supply area.
💎 ETC is also following a bullish trend channel, characterized by higher highs and higher lows. However, there was a temporary breach of the support level in the bullish channel, which was promptly reclaimed. If ETC revisits the support channel and heads towards the demand area, it represents a critical juncture for ETC to resume its upward trajectory.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, ETC fails to maintain its position and undergoes a breakdown. In such a case, ETC may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement, potentially towards the next lower demand area and even the strong support zone.
💎 ETC is also following a bullish trend channel, characterized by higher highs and higher lows. However, there was a temporary breach of the support level in the bullish channel, which was promptly reclaimed. If ETC revisits the support channel and heads towards the demand area, it represents a critical juncture for ETC to resume its upward trajectory.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, ETC fails to maintain its position and undergoes a breakdown. In such a case, ETC may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement, potentially towards the next lower demand area and even the strong support zone.
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Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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