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.
Etc
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.
Ethereum Classic vs Tether (95% Target Mapped)Ethereum Classic is bullish on all fronts, vs Bitcoin/vs Tether.
This is the ETCUSDT pair.
First, we notice the broken downtrend.
This is followed by a consolidatin phase that leads to a bullish breakout.
This breakout is what we are waiting for.
Additional details on the chart.
Namaste.
Ethereum Classic (ETC) - July 28Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETCUSDT 1W Chart)
The key is whether it can be supported by rising to the 36.26-47.10 section.
If it is not supported in the 36.26-47.10 section and falls below 30.50, Stop Loss is required to preserve profit and loss.
(1D chart)
Resistance: 36.26-47.10
1st support: 30.50
2nd support: 22.51
The resistance section of 36.26-47.10 is the section that determines the trend.
Therefore, it is an important key whether it can be supported by rising to this section.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
🔔 ETC reached horizontal resistance. What's next?Hello, dear TradingView members.
This idea is an ETC brief analysis.
This coin has reached the Horizontal Resistance area in the 1H timeframe.
There is a high possibility that the price will go down for corrections.
If you are interested in opening short positions, this would be a good chance.
If you want to open long positions or buy this coin, it's better to hold for further confirmations to see what happens.
RSI is also extremely overbought.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
What is happening and what is going to happen
The table shows that the trading behavior of cryptocurrency whales is, in general, heterogeneous. As a result, it can be difficult to interpret big players' behaviour.
Appendix:
Whales:
1- Institutions: money centre banks, hedge funds, Grayscale, Tesla ...
2- Exchanges: (6.7% of Bitcoin in circulation was held on exchange wallets),
3- Individuals: Elon Musk (Dogecoin- BTC- ETH- ETC).
4- Satoshi Nakamoto: first 1.8 million or so BTC first created, have never been spent.
ethereum classic made a big profitEthereum classic is heavily overbought, I think it is necessary to liquidate longists, indicators are overbought,
this is a signal for a correction!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
ETC (one more leg up ?)ETC / USDT
another special coin during current bear market
ETC still strong and likely to do one more leg up to hit resistance line since may 2021 before correction (≈32$-35$)
Moon shot case : if ETC able to close weekly above resistance line expecting very strong bullish rally
Ethereum active channel. ETH review !#ETH
▪️ Deadline for the deal is 5 days. Ethereum moves in the channel (marked on the chart). It can work out the "Bearish Flag" pattern. Look carefully at the chart!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Ethereum Classic Targets $77 (195% Profits Potential)This is why we focus our trades on the smaller altcoins rather than the big ones.
Smaller capitalized altcoins have higher potential for growth.
After a stop-loss hunting period, ETCUSDT had a strong volume breakout and is ready to move up.
$37 Is the easy target, still big growth.
We can see it going up to $77 and that's a huge 195% potential from the current level we are on.
This is my first DEX trade and it is paying really well...
I am very happy -extremely GRATEFUL- with the results.
I can be impatient in mind, playing in my mind saying to myself that I am impatient, but the trades... I do not touch.
I wait and wait and wait, patiently...
And only sell when the next resistance hit.
That's a sure and easy way to win.
Thank you for reading.
No need to comment.
No need to "boost"...
All that is needed is that you use this information for your own success.
That you profit from this information or that you learn something or in the least feel entertained.
Everybody has to do their own research.
There is always the potential for loss.
Trading involves risk.
If you can't take a loss, this business is not for you.
But if you can, that's part of the game and as you learn you will win long-term.
Thank you for reading.
This is Alan Santana!
I am wishing you the best, now & always.
Namaste.
ETC play book training exerciseThis is more of a training exercise then actual reliable TA.
I have mapped out 3 different paths i personally believe ETC can take in the coming days.
Purple Most likely to Play out
Green 2nd Most Likely to Play out
Yellow Least Likely to Play out
I could also be dead wrong and we drop to the floor.
My goal here is to see if out of the three options any of them have a good success rate.
Then I will be able to learn which direction to take my TA.
Thanks for viewing!