Alikze »» ETC | Scenario 3 or C bullish - 1W
2024-11-21

🔍 Technical analysis:  Scenario of wave 3 or C in the ascending channel 

  BINANCE:ETCUSDT   In the daily timeframe, according to the  analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.

- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.

💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.

⚠️  In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️

💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.

