ETC on the 1-hour level, a yellow dot appeared at 5 am today, indicating that Ethereum Classic (ETC) is showing a long buy signal at this time.
In the current transaction, a profit of 3.24% has been obtained, and the stop loss point has not been hit. On the larger 4-hour level, the market still maintains a long position.
Next, we will continue to observe the market, paying special attention to the key position of 20.601. As long as the price does not fall below this level, we suggest patiently waiting for the next yellow dot signal to appear, and consider executing a long entry strategy after ensuring the stability of the signal.
The target price set includes the three areas of 20.793, 21.024 and 21.251. In order to ensure the safety of the transaction, it is recommended to set the stop loss at the previous low of 20.190.
In summary, investors should pay close attention to market dynamics and make trading decisions based on the yellow dot signal and the performance of key support levels.
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