Market Analysis of ETCUSDT on Wednesday 12 FEBRUARY 2024

2025-02-12 17:37Source:BtcDana

 ETCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETCUSDT trend is negative and its strong resistance area is 20.70 to 20.96 level . Stop loss is 21.38 level and it can continue its downtrend towards 19.35 level or lower levels in short term  as shown in graph . Intraday purpose selling  is better with stop loss 21.38 expecting targets 20.30, 20.20 and 20  respectively .


QUICK FUNDAMENTAL LOOK


cryptocurrency isn't mentioned in the Democrats' party platform before the start of the national convention, Bitwise acquires crypto ETP issuer ETC Group, Shaquille O'Neal's NFT legal case sees a partial dismissal and more.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

More