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SHORT #ETCUSDT from $14.601 stop loss $14.659 $ETC 30m TF. The instrument has formed a descending structure that lowers the price maxima along the trend line with the help of limit sellers. The preload goes to a cascade of support levels formed by several touches, behind which the stops of the participants' shorts have accumulated, opening their positions from them. I expect to see a smooth approach with trading along the 1st level and the appearance of activity with volumes to sell before the movement.

SHORT #ETCUSDT from $14.601 stop loss $14.659 $ETC

30m TF. The instrument has formed a descending structure that lowers the price maxima along the trend line with the help of limit sellers. The preload goes to a cascade of support levels formed by several touches, behind which the stops of the participants' shorts have accumulated, opening their positions from them.

I expect to see a smooth approach with trading along the 1st level and the appearance of activity with volumes to sell before the movement.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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