$ETC long watch: price sits at support zone 8.332–8.350 on the 4H.
Hold 8.33 → 8.44, then 8.51.
Lose 8.24 → the idea is off the table.
I wait for buyers to defend this level before considering the next move.
The read:
- Daily above EMA200 at 8.26, suggesting the bigger trend is up.
- 4H price at 8.34 is below the EMA50 at 8.60; stop loss critical now.
- Risk 1.2% to SL vs 2.0% to TP3, indicating favorable risk-to-reward.
🟢 LONG · Entry 8.332–8.350 · TP 8.403 / 8.444 / 8.506 · SL 8.238
NFA · DYOR
Hold 8.33 → 8.44, then 8.51.
Lose 8.24 → the idea is off the table.
I wait for buyers to defend this level before considering the next move.
The read:
- Daily above EMA200 at 8.26, suggesting the bigger trend is up.
- 4H price at 8.34 is below the EMA50 at 8.60; stop loss critical now.
- Risk 1.2% to SL vs 2.0% to TP3, indicating favorable risk-to-reward.
🟢 LONG · Entry 8.332–8.350 · TP 8.403 / 8.444 / 8.506 · SL 8.238
NFA · DYOR