Today's ETC market analysis: the 4-hour upper band has broken, and during the pullback, the midline has not broken; consider long positions. The daily chart shows three consecutive bullish candles, with a target of 3020 for longs. The weekly chart has two consecutive bearish candles, so focus on high short positions. Hold long positions at 2920 with a tight stop. The first take-profit level is the daily midline at 2998; if broken, look for 3020.
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Today's ETC market analysis: the 4-hour upper band has broken, and during the pullback, the midline has not broken; consider long positions. The daily chart shows three consecutive bullish candles, with a target of 3020 for longs. The weekly chart has two consecutive bearish candles, so focus on high short positions. Hold long positions at 2920 with a tight stop. The first take-profit level is the daily midline at 2998; if broken, look for 3020.