Trade Idea: ETC LONG
Opened 2025-09-06 23:08:36 · Valid until 2025-09-13 23:08:36 · Closed 2025-09-08 01:18:10
How this works.
Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG PENDING RR 1.50 Conf 75% Swing 3-5 days
Entry 20.50000000
Stop 19.50000000
TP
21.50000000 / 22.00000000 / 22.50000000
Live 15.74000000
ROI
-23.22%
(vs entry)
Thesis and checks
The current market conditions for Ethereum Classic (ETC) show a slight downward trend with a 24-hour change of -0.8918%. However, the price is approaching a support level around $20.00, which has historically provided a bounce point. The RSI is currently at 35, indicating that ETC is nearing oversold territory, suggesting a potential reversal. Additionally, the MACD is showing signs of a bullish crossover, which could signal upward momentum.
- Support level around $20.00 could provide a strong buying opportunity.
- RSI nearing oversold levels suggests a potential price rebound.
- MACD bullish crossover indicates possible upward trend.
Trade ideas are educational. Manage risk and position size.