🚨URGENT:
$ETC data showing something WILD📈📉⚖️🔮
As a contrarian, I'm here to sound the alarm: the current market sentiment for ETC is overwhelmingly bearish, with the price hovering below the EMA200. But, my friends, this is exactly where the magic happens. The low and thin volume📉
is a ticking time bomb, waiting to unleash a massive price movement. The BEARISH trend is loud and clear, but I'm here to tell you that this is the perfect storm for a contrarian play. The MACD histogram is whispering a subtle message: 0.0407, a potential buy signal in the making. Don't get me wrong, the volatility is high (1.85%), but that's exactly what we need to make some serious profits.
ETC | LONG🟢
💰Price: $11.69
📊Market Dashboard:
• Vol: $31.69M | OI: $26.52M
• Range: 11.41 - 11.78
• Funding: -0.0004%
• Mark: 11.689 | Index: 11.69035135
🎯Entry Zone: $11.40 - $11.50 (Pullback to the lower end of the range, allowing for a safe entry below the current price)
🛑Stop Loss: $11.20 (Calculation: 1.5x ATR (0.2165) = $0.32475, adjusted for market context and rounded to $0.50 below the entry zone)
💰Targets:
1. $11.80 (TP1: Safe, above the current range)
2. $12.20 (TP2: Swing, targeting the previous swing high)
3. $13.00 (TP3: Moonbag, aiming for a potential breakout)
⚖️Leverage: Cross 8x-12x (Adjusted for High (1.85%) Volatility)
🔑Key Drivers:
- Low and thin volume📉
- BEARISH trend (Below EMA200)
- High volatility (1.85%)
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:👉Click the chart below to FOMO in (or just watch the fireworks)🎆
#ETC #cryptotrading #ContrarianAlert