Get started

Etc

Crypto to over take Forex $5Tn a Day next monthI am Bullish Crypto as a whole. Have been investing and trading Bitcoin since 2011. But as a trader of 21 years, I also know for the Crypto sector to remain healthy and flourish, it needs a couple of things. Firstly a rest, it does not mean it's changed to Bearish sentiment. However, knowing that over 70% of retail lose money & it would not surprise me if that is higher when it comes to crypto. You can clearly see some bitter words online - especially when you say the words "short or Bearish". It is for this reason the market needs to take a breather, professional money does not directly equate to flights to the moon. Some common sense is required, if retail sentiment is mostly long - we have seen a buying climax at a wave 3 extension in Elliott weekly terms. So this move sideways is to be expected and part of the natural market cycles. We have a tired Bull and a baby bear. COT leveraged funds are still net short, Retail sentiment net long = who usually wins? Grayscale still offering the biggest discount for their BTC fund. This won't happen overnight, some cycles take years to evolve. We are currently mid-way through a genesis wave, which is being turned into a professional instrument in front of our eyes. There will be heartache, there will be pain and of course, there will be euphoric moments. When Elon stepped up and said Tesla will accept BTC; it added industrial credibility. Other publicly listed firms would have quickly jumped on the bandwagon. Then the pullback tweet happened. This is a speed bump and not the end. As most money managers (managing funds for the wealthy) do not understand Crypto, Blockchain - they will go with what makes sense on paper, BTC has a track record of insane gains, so their exposure can be protected (to a degree) so when they pitch for more AUM (Asset under Management) from their high net worth and corporate clients, they can tick the "exposure to crypto" box. This is why BTC is ahead of the curve compared to most of the other coins and tokens as of today. You can see from my last couple of video posts and our streams, the Wyckoff and Elliott schematics are almost textbook in BTC. But as I said above, professional money does not simply convert to "Bull run forever". The crypto sphere needs some tightening up & again this will be good for the market and sector. Regulators will find ways, the governments will find ways to bring their oppression to crypto. Like it or not, the powers won't take it laying down. Or we will have a world full of bankrupt bankers and Billionaire former postmen & bricklayers (no offense to either profession). So although it's positive - it does need a rest and this is the logical location for that respite. Joking with the title - we are a while away from that. But it might happen - one world currency n all that. We have covered a lot of the charts and logic above, Elliott and Wyckoff in our discord community. Also more streams this coming week. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDLong
by Mayfair_Ventures
14
Ethereum Classic Unstopable ! Is coming 1240$ It is not an Investment Advice. The transaction volume is not decreasing. This is extremely important. We managed to turn the direction at $ 90. I said it in the comment in my previous post. ETH= 4440-4540-4740-4940$ the same time ETC=282-440-540-740-940$ this is my guess. We say wish. If we bought it again at $ 10-15. We collect between $ 0-130 just to avoid saying I wish. We do not have a purpose like selling, we are focused on Collecting at the moment. We are very happy with the thought. Winter is coming to for you // ETC Bears What is Ledger Nano and Unknown Wallet? I say to 1000$ , I am a little fund manager. I do not like to brag about old writings. But my Analysis holds 100% so far. I and my team are on duty 24 hours a day. We slap the slightest bear ever seen. Our job is to manage funds. We manage our Clients' money. In return for this job, we get 10% from 100%. We report and organize our Purchases and Sales Separately. We have no lost customers since 2013. There is something called Inflation in the world. States Print and Distribute Unlimited money. So why am I sharing this information? I share it so that people who buy Shit coin or pump coins, which are always making losses in the increasing market, do not lose 100 times when they earn 100 times. I am aware that I always give long. But while money continues to flow, who sells their goods cheaply? The stock market is a constantly evolving and news-hungry market. The market reacts to every bad news or comment. Reacts with every good news. Market prices are priced as expected. Don't be afraid of proven coins. ETC is in the bull market. It is important to increase the number in the Bull Market. You can not own money and become a Millionaire with 1 item.
COINBASE:ETCUSDLong
by TraderEtc
1
ETCUSD Two Buy Levels for short and long-termPattern: Fibonacci Channel on 1D. Signal: Buy short-term on the 1D MA20 (light blue trend-line) which has been a confirmed buy level since April 23. Buy long-term within the 1D MA50 (dark blue trend-line) and the 4H MA400 (yellow trend-line) which has been a confirmed buy zone since January 03. 1D RSI on Support (Double Bottom). Target: 400.000 (below the 2.5 Fibonacci extension assuming 78.000 was the bottom). It is also below the 5.5 Fib ext of the Channel. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BITFINEX:ETCUSDLong
by TradingShot
10
Ethereum Classic in channel with Inverted H-S pattern. Uptrend!Dear Traders, Here is a brandnew update of Ethereum Classic on the 2-hour chart. We see that ETC has formed an inverted head shoulder formation and is now forming the right shoulder. If this H-S pattern is validated by breaking out above the neckline and then a retest of the neckline, then we see the first target for the pattern at 145 USD. I notice more volume in the right shoulder and that makes the rise all the more likely! We need to clear the upper boundery of the downward trendchannel to be sure. Then we also have higher highs and higher lows! By the way traders, this is not a limitation but a preliminary target for the H-S pattern . Probably we are going to re-test the old top. After that there will be new analyses for ETC again but I also update regular these charts. See also my other posts of Ethereum Classic. Currently the important levels for support and resistance are, 75, 87, 100, 109, 122, 133, 145, 160 and 179 USD. I wish you all good luck with trading and nice profits! If you guys appreciate these analyses it would be nice to give me a like and follow me. This analysis is my personal view on ETC and not an investment advice. Always do your own research before trading and be sure to place stops and use money management.
Long
by PegasusTechCharts
5
💡Don't miss the great buy opportunity in ETCUSD @eth_classic Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (91). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 110 TP2= @ 129 TP3= @ 145 TP4= @ 161 TP5= @ 179 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 ❤️
Long
by ForecastCity
12
💡Don't miss the great buy opportunity in ETCUSD @eth_classic Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (91). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 110 TP2= @ 129 TP3= @ 145 TP4= @ 161 TP5= @ 179 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 ❤️
Long
by ForecastCity_World
13
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! If you appreciate my posts, it would be nice to follow and like me! It motivates me to continue with these analyses!
by PegasusTechCharts
8
BITCOIN BTC Will we bounce on the necklines or sink - MUST SEE!Hello Traders, Here is another update for Bitcoin where I have removed the smaller head shoulder formations from my previous charts for a better overview. Here we see on the 2 hour chart of Bitcoin 2 Main shoulder patterns with 2 necklines. The orange neckline 2 and the redder neckline 3. The orange trend channel that bitcoin has been in since early March has been broken already (wick). Now we need to look closely at these necklines. If they hold then we will go back up like a rocket. A failed H-S gives that reaction. If we do fall through one of the necklines with a close of a candle then we will really see 29000 usd come into view. Bitcoin always puts everyone on the wrong track because of its gigantic manipulation. Yesterday Elon Musk sent out a tweet that Tesla will no longer accept Bitcoin for payment of Tesla cars and this is for environmental protection. That's a ping pong tweet. All designed to scare traders and investors out of their Bitcoin. So pay attention and also check out my other detailed analyses of Bitcoin. Remember, Bitcoin controls the entire crypto market with all ALTS included.
by PegasusTechCharts
11
BITCOIN DOWN TO 53500. Bounce or sinking deeper. Must see!Dear Traders, Here is a new update on the 30 minute and hourly chart of Bitcoin. We have already seen several head shoulder formations over the last month where a few have failed with the reachtion of a hefty counter move. On the short-term chart we see 2 main shoulder formations. The red one has broken through the neckline and has also been tested. This pattern has therefore been validated. The gray head and shoulders is also on its way to the target. The target for the2 H-S formations is the neckline of a much larger H-S formation. The largest head shoulder formation can be seen on the left in turquoise. 2 possibilities here. Either we bounce upwards on the neckline or we bounce down and see the much lower targets. I personally expect a bounce so the orange arrows. Important for now is the 1st target at the neckline around 53500 You can stretch the charts wider to zoom more in detail. Please check also my other analysis of Bitcoin This is my personal view of Bitcoin and not advice to trade. Best always do your own research of course stops and money management. Dear traders if you appreciate my analysis I am happy if you follow me and give it a like. Thank you!
Short
by PegasusTechCharts
13
BITCOIN - BTC NEW HEAD AND SHOULDERS - FIRST TARGET NOW 47.000 Dear Traders, Here is another update on Bitcoin after forming a new leg down we are already seeing another new head and shoulder formation. Rarely did I see so many head shoulder formations together. Big ones, small ones and importantly both the inverse and the regular ones are almost all still valid. You can check that in my post from before. Keep also an eye on this new shorter term pattern: With this new H-S I see the next target at 47000 USD. I will keep you posted on how I see it developing further. 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! If you appreciate my posts, it would be nice to follow and like me! It motivates me to continue with these analyses!
Short
by PegasusTechCharts