ETC is looking ripe for a short, just broke down from a key level. Price is now testing a significant area of resistance
🔴 $ETC SHORT 📉 — Trade Plan
• Entry: $6.3496 – $6.3624
• Stop: $6.5467 (-3.0%)
• Target 1: $6.2607 (+1.5%)
• Target 2: $6.0382 (+5.0%)
• R/R 1:1.7 | Confidence 64%
This setup fired on multiple signals - we've got a clear market structure break, volume confirming the direction, and a fair value gap that's just begging to be filled. The overlap of the order block and fair value gap is particularly interesting, and with a liquidity sweep in play, it's a compelling short opportunity. The overall structure looks pretty weak
With a 3.0% stop loss, this is a relatively tight setup, so I'd recommend keeping leverage reasonable to avoid getting wiped out
If we do get a decent move, consider taking some profit at the first target to lock in some gains and free up some capital
Not financial advice — trade only what you can afford to lose 🙏
$ETC #ETCUSDT #crypto #TradingSignals #Write2Earn
🔴 $ETC SHORT 📉 — Trade Plan
• Entry: $6.3496 – $6.3624
• Stop: $6.5467 (-3.0%)
• Target 1: $6.2607 (+1.5%)
• Target 2: $6.0382 (+5.0%)
• R/R 1:1.7 | Confidence 64%
This setup fired on multiple signals - we've got a clear market structure break, volume confirming the direction, and a fair value gap that's just begging to be filled. The overlap of the order block and fair value gap is particularly interesting, and with a liquidity sweep in play, it's a compelling short opportunity. The overall structure looks pretty weak
With a 3.0% stop loss, this is a relatively tight setup, so I'd recommend keeping leverage reasonable to avoid getting wiped out
If we do get a decent move, consider taking some profit at the first target to lock in some gains and free up some capital
Not financial advice — trade only what you can afford to lose 🙏
$ETC #ETCUSDT #crypto #TradingSignals #Write2Earn