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Etc

ETC R.I.pHello guys Retails fomo for Ethereum Classic already cooled off Volume trading decreased significantly around 65% Retails first started buying ETC on Robinhood and Coinbase (Major US exchanges used by retails) thinking it’s ETH now they realized the difference between Choclate and Sh** Some of them panic sold in the last correction wave and most of them bought over135$ will be bag holder for next mounthes We probably will go down in the 60 bucks channel for a medium term consolidation, after that dependence on the market how will act but personally I think with all these trendy coins ETC has no chance to shine -Goodluck
Short
by BizzarTrading
ETC/USDT : No more space to go higher BINANCE:ETCUSDT Hello everyone 😃 ETC is now moving below bearish trendline. It seems that MACD wants to get bullish again but on higher timeframes, Technical indicators are very overheated ! on daily TF, ETC have 7 consecutive positive candles. Last time that ETC had this continuation on candles, It retraced for 3 consecutive days ! Now we are on second day of retracement, So there will be more room for bears to dump ETC... Have to mention that ETC is currently at support zone ( $114 - $110 ), So there is a chance for ETC to bounce for short-term again. But MA50 is acting a stiff resistance near $128; So there is no expected growth for ETC anymore.. 🔰 Based on FIBBO levels mentioned zones below current price are the possible points for bulls to make a pullback from them ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
28
Bitcoin Inverted Head and shoulders 2 in 1 !Dear Traders, Here is a brief update to my previous analysis with key support and resistance levels. We have broken through the rising wedge trend line for a while but it may also be a just a wick and there no close at the moment yet for the 2 hour chart. Bitcoin is making complex moves meant to catch everyone off guard and stop out many traders. Selling their Bitcoins at lower levers by fear and greed. Huge market manipulation by large hedge funds and institutionals! I attach the links from my previous analyses which are still valid. Currently, another small inverted head shoulder formation has emerged (the Black). The other is the orange one. H-S patterns are often imperfect but nevertheless working. We are seeing with this rising wedge, the development of the larger right head shoulder from my previous analyses. Now if we get a downmove it is complete. Then it can go 2 ways. Either we break through the neckline of the larger H-S pattern or we get a powerful counter move that puts everyone on the wrong track again. That is what I expect. Look closely at the support and resistance levels and how everything develops. With this and previous roadmaps of Bitcoin, that is perfectly possible to follow. Also, be careful with the ALTS. Bitcoin dominance drives that to a large extent and if BTC goes down fast, the ALTS make a skydive. Trade safe and don't forget stops and moneymanagement!
by PegasusTechCharts
ETHEREUM - ETH - Correction ahead! See targets in my analysis!Hello traders, Here is a brand new analysis of Ethereum. It has been exactly 18 hours since I wrote that the target of 4000 usd would be met within a few days but it has already happened! Congratulations with Ethereum and the 4000 reached level! What is next now? We are seeing now many divergences on multiple time frames among others in the MACD, RSI, STOCHASTIC. We are also forming a DOJI on a daily basis but the daily candle has not yet closed so it is not confirmed. You can see also a bearflag. These factors and the 4000 level which make me expect a correction. To be more precise, I expect a pullback now to the levels 3500 usd, 3200 usd and 3000 usd. 3000 usd seems to me the ultimate buying moment but probably everyone is too negative and thinks it will go even deeper. I will wait with patience anyway because my style is buy low (with a discount) and sell high with nice profits! Right now I am short Ethereum with a stop at 4060 and first target at 3500 usd. Is my stop hit than I had a very small loss but a very good Risk reward! I will turn bullish again if we break all time high and come back with a RE-TEST of that level. My buy order is already placed at 3050 USD with a stop at 2790 USD and a target of 4000 USD. This is my own personal view on Ethereum and not investment advice. Always use your money management and stops when trading. Have fun and trade safely! See also the related posts from Ethereum because they are very useful! If you guys appreciate my posts it would be great to follow and like me! It motivates me to continue with these analyses!
Short
by PegasusTechCharts
8
ETC Ethereum Classic in a step down downward channel. Must see!Hello dear traders, I received a few questions about how Ethereum Classic ETC is doing. I have studied this and I see a downward trend channel with a step pattern which is repeating. I expect a breakout after ETC falls around the 100 level, the purple arrows. A breakout could also happen now following the blue arrows but I do not expect that. The last option, the price drops to 80 and then breaks out upwards. Below this price of 80 I see the bullish scenario evaporating. This is a hypothesis and a look at how things could go. Not a prediction but just possibilities with levels to follow. After a breakout from the channel at any level, wait for a re-test with good volume , Place the stop at the last swing low. If BTC starts to drop strong and suddenly then the ALTS will go down much harder. If Bitcoin drops or rises slowly, the ALTS may start to rise again. Therefore, always follow Bitcoin . The leader of the cryptos! See my previous analyses for up targets and support levels! Dear traders, this is of course my own personal view of ETC Ethereum Classic 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
24
Bullish on ETC - pennant patternRight now, ETC is going through a period of retraction. This is shown on Ichimoku with one through three-hour candles. When these candles are selected, you'll find that the price is in the cloud, and the tekan and kijun lines have crossed. This downward trend will be short-run as there is strong support at 108 USD. This support also happens to be forming one of my favorite patterns. ETC is setting up a textbook bullish pennant before our eyes. This pattern is especially evident with four-hour candles (as shown). Stoch RSI is indicating that the asset is undervalued. Further, it is building upward momentum suggesting that purchases will increase. As we all know, an increase in purchases results in an increase in price. In my opinion, it is a good time to get into ETC. Price is at the support band right now. I'm not sure that there will be many more opportunities to buy at this price again, prior to its pennant breakout.
BINANCE:ETCUSDLong
by stonksandcryptos
1
$ETC. Ethereum Classic. ETC has put in some major waves. If we think the bullish attitude in crypto is likely to continue then a branch of the Ethereum family is likely to do very well. Price right now is in a very good buy pocket. 300$ might seem like a big target, but anything closely bitcoin or Ethereum related should be viewed as pretty much invincible at this point. Personally, I think it will explode within the next week or two. Crypto has been super-volcano lately. Longer term, anything closely tied to Ethereum should be as safe a bet as you can place. I don't even want to think about what the 2022-2023 and further price targets might be. If you don't need to touch your money for a couple of years this is it.
KRAKEN:ETCUSDLong
by emehoke
2
ETC consolidate for a whileETC had a major pump from 45usd to 180usd and now need time to consolidate and I wouldn't trust any current advice to still buy into this crypto until it drop down to 99usd. As also Bollinger band can also see it had peaked out a lot and will move to the bottom of the band. Suggest to not HODL and just put limit buy order at either 99-100usd to get in at a nice low price bottom price. And when it pump again would take out your initial investment at 180usd and leave the rest go to the top of the channel.
Short
by chungdha
Bitcoin short - must see possible scenarios!Hello traders, Here you see the 8 hours chart of Bitcoin . With a few possible scenarios. We have already seen 2 main shoulder formations in the past that failed. When an H-S pattern fails you very often get an aggressive counter-move. See the red arrows after the necklines were not broken after all. Currently we are develloping the formation of a possible head shoulder pattern, specifically the right shoulder. Above 64500 this pattern turns invalid but we can still get a double top . Only after a breakout with volume above the old top and a RE-TEST are we almost certain of much higher price targets. Should the right shoulder now develop further we see a target of 45000 usd there. This is purely a hypothesis. Possibly we will get a double bottom at 47000! All things need to be followed closely. A roadmap that you desperately need because Bitcoin is driving everything with Bitcoin dominance. It is very important now to follow the neckline closely. If we move away from that, we will get a price explosion upwards and 100,000 - to 300,000 usd or more for this year will be in the picture. It is important to trade what you see and not what you think! Hence these possible scenarios. See also my other bitcoin chart with important targets and resistances which is the roadmap voor the shorter term. 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
8
DOGE COIN RE-TESTED BREAKOUT TRIANGLE - LONGHello traders, Here is a short update for DOGE COIN. DOGE has broken out of the symmetrical triangle and reached the first target. Now DOGE has confirmed the breakout by a RE-TEST. We can now continue to rise towards the targets marked on the chart. See also my previous analysis of DOGE. Keep a close eye on Bitcoin too because it is the leader who controls the ALTS. This is not investment advice but my own personal view on DOGE. Always do good research and apply Risk reward and money management to protect your trading capital. Dear Traders, if you appreciate my analyses then it is a huge motivation for me to continue my work by following and liking me. Thank you very much! Please click on the chart for my previous analyse for DOGE
BINANCE:DOGEUSD.PLong
by PegasusTechCharts
2
ETC Explodes To ATH But Weakness is Showing-ETC rises over 400% in one week -ETH price rise sparked an insane bull rally for ETC -Major support holding price is $110 Ethereum Classic has finally awoken from a 3 year slumber rising to a high of $180. The sudden price rise has thrown Ethereum investors through a loop as price nearly rose 2000% since the start of 2021. This price rally may be coming to an end as the ATH daily candle closed with a large bearish wick. After such a large parabolic move on the ETC chart, many new support and resistances were formed. For now, the important zone to watch on ETC is $130. This area is the last major resistance on the daily chart. If ETC manages to break and hold this mark, it may be in for a try at ATH. Major support on ETC stands around $110. If the price fails to hold this mark, ETC will be in for a fall to minor support of $96 and then $79 if it fails to hold. The price has been held up by the 5 MA since the end of April. Once price candles break below this MA on the daily chart, it will trigger a selloff. This is a soon probable scenario. While looking at the RSI, we can conclude the strength has been overbought for nearly 10 days. This is not healthy and indicates price need to cool off very soon. The stochastic RSI tells a similar tale as the strength has already started dropping off its highs. ETC intraday levels Spot rate: $125

 Trend: Bullish

 Volatility: High

 Support: $109
 Resistance: $130

by CoinGape
ETHEREUM CLASSIC ETC - Bullish Falling wedge progress! Hello dear traders, Here is an update for Ethereum Classic ETC. I have a new 30 minute chart with a slightly modified falling wedge. This one is now more precise and as you can see we have not broken out yet. Three scenarios are possible: 1. ETC follows the blue arrow out of the falling wedge upwards. We need volume to confirm! 2. ETC follows the orange arrow after first testing the 100 level and then up for a breakout. Volume is very important at the breakout 3. Least likely scenarion. ETC drops through the 100 usd level and hits the stop. If that happens we will first see the 78 USD level. Once we drop below that I see the 58 and then 43. Please use your stops with the volatile ETC and money management (the famous 1% rule)! This is purely my idea about ETC and not investment advice. As a trader you should always do your own research and try to protect your capital with money management. Safe and happy trading!
Long
by PegasusTechCharts
15