Etc
ETHEREUM CLASSIC, a long term vision. ETCUSDTHello my friends, A multi timeframe analysis of ETC and a long term vision for investment if you still trust crypto for next months and years. two points to buy 16$ and 12$ , so you can consider it and manage your money.
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Ethereum Classic | DiversifyThis is one of those that I hold personally for a safe double up.
I keep conservative targets, being happy with 50%, 70% or 100% and then consider a move to the next pair/chart.
Sometimes we aim much higher of course, but that too through diversification; Taking many trades by splitting our capital.
Reducing risk and increasing our growth potential.
Some pairs will go ahead and grow 20-30% in days and even reach 200%, 300% and beyond.
Just one trade can change the course of your portfolio... We can't take them all.
Diversifying helps to take advantage of those pairs that move stronger...
Since one will only grow by a total of 50% while another can easily do 500% or 600%.
If we do 5% on 20 pairs or 10% or 10 trades.
We put a strong limitation on any individual pontetial loss.
Yet our growth potential can remain really big if we know how to pick the right charts.
There are many ways to pick which charts to trade.
I like those before the bullish breakout take place.
Namaste.
Ethereum Classic vs Bitcoin ConsolidationThe bulls have the upper-hand here.
Ethereum Classic peaked 6-September vs Bitcoin.
A strong correction followed which ended in a sudden stop, flat.
Going flat at exactly the 0.618 Fib. retracement level which is the Golden ratio and at the same time MA200 support, on low volume, is a strong giveaway if you are into reading the charts.
Some more consolidation yet at any time, ETCBTC can shoot up.
A drop is always possible but low propbability at this point.
Support remained intact 8-9 Nov. when we had a strong drop all across... If it didn't fail back then, now we just wait for the move up.
Namaste.
5 Classic Signals Tells Us Ethereum Classic Will GrowWe have a convergence of multiple classic signals on the Ethereum Classic vs Tether chart.
Let's look at those now.
1) The classic falling wedge pattern.
2) The very common higher low (Nov.-higher vs June-lower).
3) Price bounce after hitting below the 0.786 Fib. retracement level.
4) Strong RSI (bullish above 50).
5) Trading above EMA10.
Each of these signal is strong enough by itself...
In conjuction, the paint a clear for ETCUSDT; The bullish bias here is strong.
Namaste.
The missing Link is in the wedge Look at that beautiful wedge. The ability to create massive wealth in crypto long term is shown in a very simple chart pattern. This pattern breaks out to the upside 53% of the time. Confirmation of the patter occurs when proce closes outside of one of the trend lines. We saw a retest. And now see some good reason to go long. Will you place your money on black or red. Or will you use smart money concepts to know where the smart money is…
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ETCUSDT Prospects for Ethereum classic price movements in futureBefore you is the global graph of the ETCUSDT trading pair
After the rapid growth of the ETC price in 2021 by +3700%, since May 2021 the price has been in a downtrend for more than a year.
The correction of the ETCUSD price from the maximum value of $179 was -93%
It seems that during June-July 2022 the bottom and the completion of the correction and after a powerful shot of the ETCUSDT price upwards by 111% was formed
It is very likely that the banal, ETCUSDT price flew up so rapidly following the price of its expensive fork - ETH (this project is over saturated with promising news in the future)
By the way, here our a global idea for ETHUSDT, which works well.
So, after such a rapid growth, a price correction is needed.
Buy zone where the ETC price can roll back - $18.40-21.40
That is, strong cryptocurrency market = weak correction = $21.40
Again, negative in the cryptocurrency market = deep correction = $18.40 or even lower.
The target from above for the next strong wave of growth is in the area of $44
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ETC/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ETC/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5.0X)
Entry Orders:
1) 24.71 - 100.0%
Take-Profit Orders:
1) 25.435 - 60.0%
2) 25.925 - 15.0%
3) 26.56 - 15.0%
4) 27.525 - 10.0%
Stop-loss Orders:
1) 23.35 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Ethereum Classic (ETC) formed bullish BAT a good buy opportunityHi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with BTC pair.
Previously we caught a nice pump of ETC:
Now on a 4-hr time frame, ETC has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ETC - Head and ShouldersAfter its remarkable run, ETC seems to have topped its price action above $26.
It currently has formed a head and shoulders pattern on the 1H time frame which seems to suggest that further price action to the downside is expected.
Would open a short here with:
TP: $23
SL: $26