✳️Ethereum Classic/USDT (6/11) #ETC $ETC #ETCUSDTETC is in good buying force and has also broken out but still needs to close the 1D candle above the 5.5-5.6$ zone to confirm the uptrend and ETC will easily bounce back to the 7$ or even 9$ zone in this bull run
📈BUY- LONG Strategy
- Buy close to 5-5.1$, stoploss if B
- Buy close to 5.5-5.6$ if A, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 5.5-5.6$ if B, stoploss if A
- Sell close to 6.9-7$ if B, stoploss if A
- Sell close to 9-9.5$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 5-5.1$ if B, stoploss if A
❓Details:
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
ETCUSDT
ETCUSDT AnalysisI am currently bullish about ETC while EngineeringRobo remains neutral.
If you are holding ETC, you should likely hold and sell at the resistance level (5.77) or wait for EngineeringRobo sell signals.
If you are looking to buy, wait for further EngineeringRobo buy signals (as the EngineeringRobo is neutral and R/R ratio is below 2, trade isn't recommended) or buy at the support level (3.84)
At whatever point you decide to trade, watch EngineeringRobo signals carefully. If you want to use EngineeringRobo, DM me!