Etc
perfect Entry on the next Wave on ETC (Ethereum Classic)Entry 37.800
Leverage 20x >
Most projects are about to go green on the daily volume and 24% change, but I choose ETC because it is primed properly.
Respected previous channels and trendlines on the weekend.
Proper distribution and few bear and bull traps.
Expect huge pumps in the coming days.
ETC (watching price action)ETC / USD
Multiple attempts to break the major resistance on high time frames
The yellow area marked in my chart is very important for watching to see how the price action will play out
-If bulls cleared the resistance with weekly candle close above trendline this will be a sign of strong bullish wave coming in next days/weeks
-If a weekly candle closed with bearish engulfment the bullish view will be invalidated… so lets see how the bulls will act here
ETC - 4H BearishETC has a nice and neat upward trendline, and the price is touching the trendline again. We have some weak signs for continuing the growth, and it's more likely that the price will cross the line.
There is a lower high, where we had a powerful rising candle that didn't continue. These signs show us weakness.
can ETC see $90?#ETC/USDT
$ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down.
🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming weeks.
🐻 but if bears break down price inside ascending channel price may drop to $25 and even $18.
ETCUSDT 1H TA; Resistance Zones According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ETC can break the resistance after testing the support @ $33/$34ETC can re-test the resistance if it stays above the support of $33/$34, otherwise it will drop to the next support level at $26/$27.
Here it can try to break the resistance or break down the last support and a good occasion to buy it cheaper at 10/12$.
ETC, time to retrace, mmkayBINANCE:ETCUSDT
COINBASE:ETCUSD
BYBIT:ETCUSDT
Impressive run on Ethereum Classic, stats show it's getting time to retrace.
I imagine ETC will test and reject the blue trendline.
General Stats:
Daily Vol % change: -27.88%
Daily RSI is way up there: 84.33
Short Target #1: 36.9
Short Target #2: 33.8 to 32.1
It is important to rebalance the chart when a level is broken, this also means adjusting targets.
ETCUSDTPERP 073022Why am I taking this trade?
1. Bullish at HTFs and also TRBO on Daily chart
2. Reacted successfully at the 5m Order Block and made an impulsive move that caused a Change of Character at 15m TF
3. There is a possible liquidity grab
4. Potential calming of the RSI currently at 50 level at 1H TF
Ethereum Classic UpdateWe've come a long way since our first ETCUSDT chart on July 16, but we believe this Altcoin pair has more to give.
Here is the previous chart:
Ethereum Classic vs Tether (95% Target Mapped) | 16-July-2022
You can check the "RELATED IDEAS" below for more.
Thanks a lot for the continued support.
Namaste.
ETC - Run before it's too lateReasons to take short:
⭐️ Coin rose 90%, correction is needed
⭐️ We ended Elliot wave growth pattern
⭐️ Bearish divergence
⭐️ Volume leaving the coin
⭐️ 350 ATR
You can enter when price squeezes to the level on 5m timeframe or to the trendline, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Sorting ETC Now Ethereum Classic has no business at it's current price as profits are taken it is going to dump massively. This is my plan. Risk to reward is incredible on this opportunity. Let's send it where it belongs. Shorting Ethereum Classic seems like the logical thing to do. I am not using leverage but if you do don't go over 3x unless you know exactly what you are doing. I might add leverage to the position later to pull some capital out of the trade but that would be the only reason I used leverage on it. I am risking 3.3% of my account on this trade. 0 Leverage to start.
Best of luck and hope someone is able to make something off this. I know there are many hurting right now and the only reason I am sharing some of my trades.
Not Financial Advice but this is: Never Risk more then you can afford to lose and never risk more then 3-5% of your capital on any one trade. That is with no leverage. Technically that isn't financial advice either just good capital preservation.
ETHEREUM Breaking TrendLine NOWIn the 2-hour time frame, Ethereum broke the trend line that I drew in the chart and is pulling back to the trend line, which can continue its upward trend with the confirmation of the pullback. It should be noted that it is now in the daily resistance range and confirming the failure of this resistance can be very attractive.
If the pullback is not confirmed, the analysis line will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ETC against all oddsthis growth that ETC has since yesterday is based on news that in my opinion is not even that signifact so a pull back should happen.
i was late and did not enter above 40$
i will short it here at 39.5
i will cut losses at 41,55
set take profit for half the position at 36,1 and the rest at 32.3
a bit risky play but i think it is worth it
i will not use leverage for this one.
vists POWCHARTS.COM for more signals
Ethereum Classic Inverse Head & Shoulders Pattern (45% Target)We looked at this pair recently and just today we are having a bullish breakout.
The Altcoins vs Bitcoin pairs normally correct when Bitcoin breaksout but I guess the bear market has been so strong that everything wants to grow...
Not really, Ethereum Classic (ETCBTC) is an exception... Let's read the chart.
We have a break above all EMAs today including MA200.
(EMA10, EMA21, EMA50, EMA100 and MA200.)
We have a volume breakout and the RSI went through the roof.
Easy peasy...
The daily candle closes in just a few minutes which confirms MA200 being conquered.
This can lead to higher prices.
Namaste.