ETC

ETC has been rising steadily for nearly a week since July 5, breaking out of its descending channel. As of writing, the price stands at $18.57, with a short-term correction expected, presenting a buying opportunity for investors.

Entry range is between $16.5 and $17.3, which corresponds to a high trading volume zone and roughly aligns with Fibonacci levels 0.5 to 0.707. Take-profit levels can be set at $18.5, $19, and $20. Stop-loss should be determined based on individual risk tolerance, with a minimum at $16.2. 

Reference Levels: 

• Direction: Long 

• Entry: $16.5 - $17.3 

• Take-Profit: $18.5 / $19 / $20 

• Stop-Loss: $16.2 - $16.4

LTC

LTC broke above its descending trendline but faced resistance near the descending channel, currently trading at $95.2. After a sharp rally, a short-term correction is common, offering a buying opportunity.

Entry is recommended in the high trading volume zone of $85 to $88, roughly aligning with Fibonacci levels 0.5 to 0.618. Take-profit levels can be set at $95, $100, and $105. Stop-loss should be set based on individual risk tolerance, ranging from $84.9 to $82.3. 

Reference Levels: 

• Direction: Long 

• Entry: $85 - $88 

• Take-Profit: $95 / $100 / $105 

• Stop-Loss: $84.9 / $82.3

SUI

SUI recently surged and decisively broke out of its descending channel, signaling a potential trend reversal. If the price retraces to test support in the short term, it presents a buying opportunity.

Entry is advised in the high trading volume zone between $2.85 and $3. Take-profit levels can be set at $3.5, $3.84, and $4.25. Stop-loss should be set based on individual risk tolerance, ranging from $2.79 to $2.74. 

Reference Levels:

• Direction: Long 

• Entry: $2.85 - $3 

• Take-Profit: $3.5 / $3.84 / $4.25 

• Stop-Loss: $2.79 / $2.74

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.