- ETC/USD is currently trading at $4.40 and has four strong levels of resistances up ahead.
- Three moderate-strong support levels support the price.
ETC/USD is currently priced at $4.40. The last session in the ETC/USD daily chart was bullish in nature as the price increased from $4.32 and $4.40. Further growth may be difficult as bulls face four strong levels of resistances up ahead. According to the daily confluence detector, the market is supported by three levels of support.
ETC/USD daily confluence detector
According to the daily confluence detector, ETC/USD has four resistance levels at $4.43, $4.51, $4.54, and $4.60. The confluences on those levels are:
- $4.43: Daily previous high, weekly 61.8% Fibonacci retracement level, and hourly Bollinger band upper curve.
- $4.51: No confluence detected.
- $4.54: Monthly 38.2% Fibonacci retracement level.
- $4.60: 100-day simple moving average (SMA 100) curve.
The support levels are at $4.35, $4.32, and $4.28. The confluences on those levels are:
- $4.35: SMA 10, SMA 100m and daily 23.6% Fibonacci retracement level.
- $4.32: SMA 50 and daily 38.2% Fibonacci retracement level.
- $4.28: Monthly 23.6% Fibonacci retracement level.
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