Get started

CLASSIC

$EURUSD - NO FLASEBREAK SIGNAL BUT CLASSIC CONSOLIDATIONEURUSD didn't make a daily close below the trendline to produce a false break signal, and ojectively it has in fact signals some more. Looking at the head and shoulder topping structure while assuming the September top is in, this is a classic consolidation pattern of tight trading ranges forming a harmonious ABC move, so and I'd expect a solid turn at next key levels. 1.1880 is a closed eyes sell imo with room to average up above. In small already but may shed some tomorrow and sell better levels. Fundamentally, latest PMI's showing improvement in the manufacturing but services rebound has been very slow. Covid is ravaging through Europe, UK and USA and others at staggering rates of daily new cases and there will be another demand shock to global markets at the rate this is going. Governments will have no choice but to impose stricter measures on social distancing, mask wearing etc and this will have a lasting effect on the services sectors, which for many economies is by far the largest contributor to a countries GDP. The ripple out effects can be far-reaching and and governments and ECB will have to provide more economic relief and stimlus. Whilst the Federal Reserve is likely to sit on their hands and hoping inflation would just run hot from here, the ECB is already faced with low inflation pressures and the sudden EUR strength will not help them be any closer to creating some moderate inflation. I think this gives them room to take actions that will slightly weaken the EUR whilst providing more monetary support to fiscal measures.
Short
by doejistar
[$ETC] Vision CT Ethereum Classic - Fork comingBonjour à tous, Le graphique parle de lui même :) On vise un retest de la Kijun Weekly et avec l'événement du Fork arrivant, certains investisseurs pourraient spéculer à la hausse le prix de l'$ETC. Cela correspondrait à la borne haute du canal haussier depuis le krash du 12 mars ! Un target vers 8$ - 8,50$ permet de proposer de beaux gains en cas de succès. Le $BTC est revenu après une belle impulsion hier et semble corriger , à voir où nous retrouvons de la liquidité! Comme toujours , trade safe , stay safe !
FTX:ETCPERPLong
by NicoDCrypto
ETC Showing Long on 30mWe've just got a nice Long signal on Ethereum Classic's 30m chart. Price is currently sat perfectly on an upward support trend line @ $6.66 with the next resistance at around $6.78. This could prove to be a nice little scalp here. If you're feeling confident get your Limit orders in now (keep them tight to the current price), and you could either have a Half Take Profit at $6.78 or (our preferred option), once this level is met, move your stop up to Break Even and let that trade run! A breakout of the red resistance line could indicate a sharp move upward into the $6.82 - $7.00 trading range area, this is another place to either Take Profit or move your stops up again to lock in profits with this trade. It's always better to cut your losses quickly and let your profits run! So do just that, if this trade moves against you, kill it. Otherwise, lock in profits with a fixed stop, moving it up with every new level broken. Good Luck & Happy Trading theCrypster
KRAKEN:ETCUSDLong
by theCrypster
ETC Possibly Trending UpwardLooks like ETC might be trending in an upward channel heading to $7 - $7.30. That's about a 5% gain in what could be about 20-30 hours. Not bad, right? We'd keep your stops tight on this and follow it up with a trailing stop under the bottom edge of that upward channel, with a Take Profit *somewhere* in the horizontal channel. We'd wait till the price is comfortably in the channel, move your stop up to $7, and let it run. There's no point in actually taking profits and then watching the price reach $10, likewise it's heart-breaking watching a 5% profit turn into a 5% loss. Money management is possibly the most important factor when trading, learn it, use it, refine it. Good Luck & Happy Trading! theCrypster
KRAKEN:ETCUSDLong
by theCrypster