ETCUSD possible retracement

We are in a bullish market in cryptos but some of them are already starting to show some signals of an overbought market as it is the case for ETC. So I think that there will be room for a retracement on ETC before it continues going up. Here is my Idea, as $20 is a rounded number we can start to consider it as the Resistance zone but there's a previous High around $23, so instead of a price line, I have decided to trace a range of resistance and same for the possible support level which is around $15 zone based on previous market consolidation levels.

We are too anticipated to it so We need to wait for the price to reach our target zone and check for the momentum to agree with us, otherwise, this idea will be irrelevant if momentum keeps getting stronger. If we decide to be conservative, it's recommended to wait for the retracement to take place, then we can enter Long looking for a higher goal.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出