Short $ETC into 7.671–7.685 on the 4H, the sellers' line.
Price is at 7.68 with the trend still down. I want to see sellers hold this zone, not chase it. Above 7.76 and the idea is done for me.
What backs it:
- 4H price 7.68 is below the EMA50 at 8.07, trend structure still favors sellers
- Daily sits below the EMA200 at 8.22, the bigger trend is on this side
- Risk 1.0% to SL vs 1.7% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 7.671–7.685 · TP 7.630 / 7.598 / 7.549 · SL 7.758
NFA · DYOR
Price is at 7.68 with the trend still down. I want to see sellers hold this zone, not chase it. Above 7.76 and the idea is done for me.
What backs it:
- 4H price 7.68 is below the EMA50 at 8.07, trend structure still favors sellers
- Daily sits below the EMA200 at 8.22, the bigger trend is on this side
- Risk 1.0% to SL vs 1.7% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 7.671–7.685 · TP 7.630 / 7.598 / 7.549 · SL 7.758
NFA · DYOR