It was also broken at the most basic upward trend line.
In addition, the stock has not moved out of the downtrend line.
The chart on the BTC market is even worse.
If it falls below the 2.443 point, it will fall into the long long-term zone.
Below 5.889 is a medium to long term investment area.
If you are trading ETC, we recommend buying slowly between 2.443 and 5.889 and starting to climb above the 5.889 point.
Buy is possible when the price has moved above the most basic upward trend line (light blue trend line).
In addition, the stock has not moved out of the downtrend line.
The chart on the BTC market is even worse.
If it falls below the 2.443 point, it will fall into the long long-term zone.
Below 5.889 is a medium to long term investment area.
If you are trading ETC, we recommend buying slowly between 2.443 and 5.889 and starting to climb above the 5.889 point.
Buy is possible when the price has moved above the most basic upward trend line (light blue trend line).
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
