🔻 $ETC
$ETC is in a downtrend but don’t short late.
Price has already moved a lot, so instead of chasing the drop,
we wait for a proper bounce into resistance.
This helps avoid bad entries and wick manipulation.
✅ My Plan
I’m looking to go short (sell) ONLY if $ETC pulls back into a safer premium zone:
Short zone:
Entry 1: 13.22 – 13.32
Entry 1: 13.48 – 13.60
(These are healthy retracement areas where the trend normally rejects.)
🛡 Stop-loss
👉 SL: 14.16
(If price pushes above this level, the downtrend is likely invalid.
SL is placed above all liquidity sweeps to avoid whipsaws.)
🎯 Take-Profit Targets
TP 1: 12.60
TP 2: 12.20
TP 3: 11.80
(Lower timeframe supports + higher timeframe demand zones.)
💡 Why This Setup?
• Trend is still bearish
• These zones are where price usually retests before continuing down
• Safer than shorting after the drop
• Avoids chasing and avoids stop-hunts
• Clear invalidation for beginners to understand risk
Simple rule:
Let the price bounce up to your zone, don’t short the bottom.
⚠️ Disclaimer
This is not financial advice. its just an educational trade idea to help beginners learn how to plan safer entries and manage risk.