Price: 18.65 | EMA7: 18.7 | EMA25: 18.73 | RSI14: 40.6 | Resistance: 19.18 | Support: 17.99 | Average Volume: 6528.84 | Volume Trend: Decreasing
Based on the given technical analysis, here is my advice for long and short entry prices:
For Long Entry:
- Consider moving averages EMA7 and EMA25 crossing upwards to indicate bullish momentum building up.
- Look for a pullback towards a support level, such as 17.99, before entering the long position.
For Short Entry:
- Wait for a downside break of the current support level at 17.99.
- Monitor if momentum indicators (like RSI or MACD) turn bearish before entering the short position.
We can see the current resistance level at 19.18. Note that always make sure to use stop-loss orders to limit your loss in case the market moves against your trade.
As for the best spot buy price, given the overall decreasing volume trend, wait for a bounce off the support level mentioned (17.99) to consider buying the ETCUSDT long-term. Place your stop-loss below the support level to protect your investment. Remember to always monitor the market and updating your strategy accordingly.