Etcusdlong
ETCUSD Coinbase - Looking for EntryCOINBASE:ETCUSD has had a great overall uptrend and still is well above the 200 day EMA but has gone horizontal. The current price trend is down and coming to a point where we may see a break. Volume is low so I think the price will continue to trend down a day or two more before a possible reversal. If this happens and Supertrend shows a buy signal, I will look to enter.
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.761).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 61.246
TP2= @ 71.248
TP3= @ 83.903
TP4= @ 95.690
TP5= @ 114.991
TP6= @ 135.735
TP7= @ 180.043
SL= Break below S2
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