Ethereum ClassicLong
ETC USD to the Major Resistance
10$ is Major Resistance zone.
It is highly likely that this zone will be reached in June, because many investors and people would like to see a price in that zone.
We can see that at this moment the price is undervalued and it is a great investment to take.
TP -- 9.90 - 10.00 $
SL -- 8.10 - 8.30 $ (Depends on your risk tolerance)
ENTRY -- 8.60 - 8.80 $
Daily FIBO 38.2 is in the same level as Major Resistance level, this can work as a strong magnet for a price movement.
Be patient and risk wisely!
It is highly likely that this zone will be reached in June, because many investors and people would like to see a price in that zone.
We can see that at this moment the price is undervalued and it is a great investment to take.
TP -- 9.90 - 10.00 $
SL -- 8.10 - 8.30 $ (Depends on your risk tolerance)
ENTRY -- 8.60 - 8.80 $
Daily FIBO 38.2 is in the same level as Major Resistance level, this can work as a strong magnet for a price movement.
Be patient and risk wisely!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.