ETC-USDT
🔥 ETC Starting Bull-Market Play: Crazy Potential!ETC has been bouncing off the lower support of the triangle for neatly a year now. The assumption behind this trade is that the support will hold yet again and that ETC will break through the top resistance at some point in the future.
Entry at 18.9 because we have to get above the current trading range first. Waiting for this entry will increase the probability of the bottom being in and the trade to play out positively.
Target of 50 is a longer-term play, but with a very high risk-reward ratio.
A safer play would be to take partial profits around 23 or the top resistance of the triangle.
ETC USDT LONG SWING | ETCUSDT | LONG @ 34 - 36.5 | TP @ 37, 37.5, 38, 38.5, 39 | SL @ 29 | PATTERN = BULLISH PENNANT | COINBASE |
Breakout can also be seen on lower time frames, as well as retest of 200 EMA/MA
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:ETCUSDT COINBASE:ETCUSD BYBIT:ETCUSDT KUCOIN:ETCUSDT BINANCE:ETCUSDTPERP FTX:ETCPERP BINANCE:ETCPERP
ETC /USDT has a nice short term setupi think that for the next couple of days ETC will move inside a 10% channel.
i will enter a short around 44.30$
and i will have two take profit points at 40,25$ and 41,70$.
now for the bad scenario,its not even bad,i will cut my minimal losses if a 4hour candle closes above 45,3 which is a 2,2% loss.
it's not a sure move,but it is a tiny risk move,so i will use only 2x leverage
this is a short term move and i believe we will soon see it above 50$ and because of that,after my take profit hits i will upload another aide for a ETC LONG
this whole idea is supported by pattern,indicators and genral market conditions.
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 53.87
TP2= @ 56.07
TP3= @ 58.28
TP4= @ 61.07
TP5= @ 65.30
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 53.87
TP2= @ 56.07
TP3= @ 58.28
TP4= @ 61.07
TP5= @ 65.30
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has fallen after moving over our support line and has fallen again after a pullback to the other support line.
We expect the price to fall below the support line if it can not stabilize above our resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating inside the triangle. We have identified a support line for you dear ones that can support the price again. But if it penetrates below the line, we consider more fall. And if it can break the resistance line upwards and stabilize it, it can touch our target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, we have drawn a support line for you and we expect the price to be supported in that area. And we drew a resistance line for us that if it breaks and stabilizes, it can experience higher prices. But in case of falling prices and penetration below the support line, we consider further falls.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. We are fluctuating in an increasing triangle, we expect it to be able to touch its target over time after breaking the ceiling of the triangle, but if it comes out of the bottom of the triangle, there is a possibility of price correction.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 ETC Bearish Move ContinuedWith BTC falling, alts are naturally following. Furthermore, dominance is on the rise as of late, which further strengthens the potential fall of alts.
ETC has recently hit the top of the channel, making it an ideal candidate for a potential short trade. Target would be the bottom of the channel.
Always keep an eye on BTC when trading alts in case it decides to go the other way. Wait for proper confirmation of the trend.
Happy trading!
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
After falling the price and meeting the support of $ 40, it was able to pull itself up and as you can see, the price was able to break its resistance line and start moving upwards. There is a possibility of pullback and it could be a roadmap of this shape.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Ethereum Classic UP or DOWN? You can read it here! Must see!Dear traders,
Here is a short update for ETC EThereum classic.
We see the formation of a triangle but also a head shoulder formation.
Currently two important issues.
1. breakout below support level and or neckline Head shoulder formation.
2. Breakout upwards with good volume which points to higher price targets.
A breakout below 78 then ETC probably goes to 46-50 USD.
A breakout upwards then again probably goes to 97.50, 116 and 141 depending on the price action and of course King Bitcoin! You can follow my other posts.
Bitcoin can rebound and if it does then ETC will follow even faster. Probably this will happen but nothing is sure in technical analysis!
This view is as known my personal view on Ethereum Classic. It is not investment advice but a hypothesis. I respect everyone's opinion even if it is different.
Would love to hear your discussion traders. What is your view and very important why! An idea is good but without analysis it says nothing of course.
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price was able to break the resistance channel line and move upwards. If the price does not fall below the line, we can buy for the above purposes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Ethereum Classic ETC - Update from my previous analysis - Hello traders,
Here is a quick update for ETC Ethereum Classic. Please also check out my older analysis of ETC. The trend line at around 100 USD is very important. If ETC drops further then I am bearish below the 80 USD level.
Everything depends on Bitcoin now. Do we get a sharp drop then the ALTS go down by a factor 5 more but if Bitcoin goes sideways again like the last 2 months then we can probably get another boost in the ALTS. Bitcoin dominance remains the most important thing right now for the ALTS.
Dear traders, this is my own personal view of Bitcoin and not an investment advice. Always use your money management and a good stop loss before placing any trade! This way you stay in this game!
Have fun and trade safely!
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