Local low update from January 2021. This is the main achievement of sellers in the fall from April 2021. Stopping the price near $16 buyers began to form a global rebound and correction of the fall wave from November 2021. Although the ETC price fell much below the lows from May-July 2021 buyers behave much more confidently than in other cryptocurrencies. https://www.tradingview.com/x/dTX9KwpE/ In the weekly timeframe, we see that the weekly candle from 23 May was able to test the mark of $25. This mark was the reason for the failure of the ETC price to $16. On the one hand, buyers could not take control of this mark and talk early about their strength. However, on the other hand, few cryptocurrencies have been able to organize such a growth wave and so decently keep the price during the fall of the BTC. Therefore, if you keep the $19 mark, you should think about buying an ETC with a first target of $25 and a final one of $35. Quite modest targets that do not predict a change in the downward trend from November 2021. Technical Analysis Of ETC On The Daily Timeframe https://www.tradingview.com/x/G4Wk7ZdR/ If on the weekly timeframe of the ETC price movement the price rebound did not even begin, then the daily timeframe indicates the first successes of buyers. The newly created local trend of buyers from 23 to 25 May stormed the $25 range. The growth took place in increased volumes, which is a rarity in the current realities of ...
$285 Million in Bitcoin Shorts Wiped Out
