🔍 Technical analysis: Forming a triangle corner pattern - According to the analysis presented in the previous post, in the 1D time frame, after reaching the supply range, it has faced selling pressure. - As can be seen, after reaching the range of the green box, it has had a positive reaction several times and has faced demand. - Currently, a triangle...
🔍 Technical analysis: Ascending diamond pattern - According to the latest analysis presented , Bitcoin made a correction based on the predicted path to the second green box area of the $50,000 correction range. - In the recent modification, a double zigzag has been formed. The second zigzag is a flat correction. According to the formation of an ascending...
🔍 Technical analysis: Ascending corner pattern - It has had a zigzag correction to the green box area on the 1D daily time frame after exiting the bullish channel. - In the last analysis presented, after reaching the range of $60, a correction was encountered. In the presented details, two PRZ ranges had short-term fluctuations, which were investigated. -...
🔍 Technical analysis: Movement in the ascending channel - It is moving in a long-term ascending channel in the weekly time frame. - So far, it has had several reactions to the dynamic trigger of the channel floor. - In the previous rally, as you can see, it had a sharp growth. - The wave correction has extended to the bottom of the channel, while the...
🔍 Technical analysis: Suspicious of the reverse head and shoulders pattern - In the analysis presented in the previous post, the target exactly touched the bottom of the channel, which then met demand and caused a 110% growth. - Considering that the recent corrective wave had a correction of 0.23 fibo of the previous wave, so we should expect an upward...
🔍 Technical analysis: Completing the corrective leg C - In the analysis presented in the previous post, after reaching the supply limit, you were faced with selling pressure. After that, it has entered a correction cycle. - Currently, it is channelized, moving in the downward channel in the daily time frame. - According to the current correction structure,...
Let's start by setting goals for the near future, which include: Targets 1 = $18.58 Targets 2 = $19.55 Targets 3 = $ 20.48 AND Targets 4 = $ 21.84 Now let's move on to a stop-loss in case the market continues to fall: SL1 = $17.99 SL2 = $16.73 SL3 = $15.56 Looking at the RSI indicator, we see that there is...
#ETC The price is moving in an ascending channel on the 12-hour frame and is sticking to it to a large extent We have a bounce from a major support area in green at 17.70 We have a downtrend on the RSI indicator that was broken upwards, which supports the upward trend We have a trend to stabilize above the 100 moving average, which supports the upward...
Hello everyone, I invite you to review the ETC pair to USDT chart on a one-day time frame. Let's start by identifying the downward trend in which the price is moving using the yellow channels. Currently, you can see how we bounced off the lower border of the channel, which resulted in a 23% price rebound. Going further, we can see how the price reacted in our...
ETC has precisely hit the entry range between $14.7 and $16.4. The current price is $19.38, which is a 24% increase from the lower range. The rebound, along with the RSI, indicates a bullish divergence. If the price continues to stay bullish, we are likely to see ETC reaching the $30 range very soon. The targets remain the same, with primary support at $18 and...
After reaching a local high of $39.65, the price of ETC sharply corrected to $18.15, a drop of over 50%. According to the volume profile, the price fell into a local accumulation zone near the Point of Control (POC), from which a reversal movement began. Additionally, there was a third touch of the descending support level. In the current price range, buying the...
How high can this go? (IMO, Target = $ 10k) Wave degree: Primary: Wave 5 (larger degree), Intermediate: Wave 3, minor: Wave 3 (Impulsive rally),
Hello everyone, I invite you to review the ETC pair to USDT chart on a one-day time frame. Let's start by identifying the downward trend in which the price is moving using the yellow channels. Currently, you can see how we bounced off the lower border of the channel, which resulted in a 23% price rebound. Going further, we can see how the price reacted in our...
Logarithm. Time frame 1 week. The main trend. Duplicated on the exchange OKX, a little added to understand the logic and accuracy, as on the exchange poloniex, there is no liquidity. If something happens to have an idea on a more liquid exchange. As this cryptocurrency is interesting. Major trend. Channel. Publication 01 2023 Linear Now in Moment. ...
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
I bet 3% of my deposit that ETC will grow following ETH in this cycle. Start - launch of ETH ETF Let's go
As we can see, the price is based on the lower border of the uptrend chennel, which may result in an upward move to 33$.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETC has been overall bullish , trading within the rising wedge in blue. Currently, ETC is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting strong support zone marked in green. 🏹 Thus, the highlighted...