Etc
Ethereum Classic (ETC) - July 28Hello?
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(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.
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** 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.)
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🔔 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!
ETC 15m short scalpi have two scenario in mind , let me know what you think in the comments!
scenario 1: ETC will come to the zone and then after a nice bearish candle we will get in
(confirmation candle gives us the stoploss location)
scenario 2: ETC will break down the channel and then after a pullback to the lower zone we get in
(place your stop loss above the confirmation candle)
Ethereum correction. ETH short reviewDeadline for the deal is 7 days. ETH has formed a double top, this pattern is reversal, I think we will go down on the chart in the near future. (see 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.
ETCUSD Struggling to break the 1D MA200Ethereum Classic (ETCUSD) has been trading within a long-term Channel Down since late May 2021. This full year of rejections has seen the price make a Lower Low on the -0.236 Fibonacci extension level every time. The Lower High usually comes around the 0.618 Fib, marginally below which the price is now.
In fact, it is struggling to break above the 1D MA200 (orange trend-line), after the rejection on July 19. Technically, with the 1D RSI rejected above the overbought region, this is a sell signal towards at least the 1D MA50 (blue trend-line). Even a marginal break above the 0.618 will still be a sell signal. Make sure you always have the SL tight as the closer we get to the Lower Highs (top) trend-line of the Channel Down, the more likely a break-out becomes. The way it is now, a break above the top (around 41.00 now) signals a complete shift to bullish sentiment on the long-term.
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ETCUSDT(Ethereum Classic) Daily tf Range Updated till 22-07-22ETCUSDT(Ethereum Classic) Daily timeframe range. for any alt quality volume and retail interest are big factors. we can see both into this chart. and for that the price action been reasonable here too. provided swing setups , position setups and scalp setups. of course as its alt there will be always risk. but there are levels of risk. compare to many other alts out there with bat shit crazy price action there are very few with reasonable price action.
BITCOIN New Support Zone; 2HAs we can see in the Bitcoin chart in the 2-hour time frame, it is correcting after breaking the previous peak, and now we expect more growth if the upward trend line is maintained and the new support range is maintained. If these two ranges are broken, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark