Etc
$ETC. Ethereum Classic. ETC has put in some major waves. If we think the bullish attitude in crypto is likely to continue then a branch of the Ethereum family is likely to do very well.
Price right now is in a very good buy pocket. 300$ 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.
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.
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!
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
OUR LAST UPLOAD BEFORE 60k + WHALE EFFECT ARE STRONG - WHALE MDHello trading friends,
This will be our last view for today before breakout to 60k+ we expecting depending on data a huge breakout on the MD trend.
The best whales buy today also more BTC - and it seems that they will do more next hours.
# This will be our last post for today about the BTC breakout.
@ as always we have said it at time
Have good day.
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
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!
DOGE breaks out of triangle! Hello Traders,
We see here DOGE coin on the 2 hour chart. DOGE has broken out on high volume from a triangle and the following targets are now in view.
Target 1 0.73
Target 2 0.79
Target 3 0.86
---> Wait for a confirmaton back to the upper trend trendline of the triangle!
The breakout just happened on high volume so continuation seems logical. According to the measurement of the triangle we come out at 0.86 as a target.
Always place stops and use the 1% rule of money management. Do not risk more than 1% on each trade. This way you will be able to continue trading next year as well!
Scaling out to secure profits is another good method to consider. Less profit but also less risk!
This is my personal view and not investment advice. Always do your own research before trading and apply stops and money management.
Happy trading!
ETCUSDT looks healthy. Let's do pyramid profiting What is pyramid profiting ?
When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our position size with each wave of that trend.
I see a chance to pyramid profit on ETCUSDT on 1H chart.
If you see, ETC has shown good upward movement recently and achieved an ATH at $179, after which it declined a bit and seems to make another run upwards.
Opportunities like these, are good for pyramid profiting, when there is a chance of a strong continued trend.
Money Flow Index looks to move up, and if good volume emerges it could see another leg up breaking psychological level of $200 and beyond.
Traders can open a long position, or buy with some percentage of their portfolios, and add to their positions when it reaches defined targets. SL can be used accordingly. Always do your own research.
For more ideas like these follow us. Visit Tuned to create strategies with pyramid profiting.
Happy Trading
ETC short term planThe main play is to look for $100-90 levels, where we find the strongest relative support. Entries here should range from 10%-20% if you truly believe in Ethereum we can see a slow return to $170 and ultimately $200 (eventually)
* Just an idea not trading advise.
Let me know what your thoughts are, I am quite new to crypto I usually trade stock options.
BAKEUSDT - $BAKE için hedefler verilmiştir. #BAKE #BAKEUSDT Sevgili arkadaşlar, $Bake için her şey gayet yolunda görünüyor. Grafikte gördüğünüz üzere dük gerçekleşmiş ve çanak formasyonuna gerçekleşiyor. Bu çanağın tamamlanmasını bekleriz çünkü macd al sinyalini vermiş. Zaten yükseliş başlamış ancak şu an yükselişin devamını macd ile onaylandığını görüyoruz. Ayrıca bunu RSI'da gayet güzel onaylamaktadır. Dolayısıyla yatırım tavsiyesi olmamakla birlikte hedefleri belirttim. Değerlendirecek olan arkadaşlara bol kazançlar diliyorum. Yorum ve beğenilerinizi eksik etmeyerek destek olursanız ve twitter üzerinden takip ederseniz sevinirim.
Ethereum classic ETC is forming a bullish falling wedge!Hello Traders,
Here is a brand new update on Ethereum Classic ETC on the 30 minute chart.
ETC is currently correcting on the huge rise of the past few days. It went too fast and too high and a correction inevitably follows.
However, that correction is perfectly normal and healthy for a further rise in ETC with the all time high as the first target.
We now have a new pattern and that is a Bullish Falling Wedge. I expect a pullback to 103 - 97 in this possible scenario.
A breakout upwards from this falling wedge will normally show a re-test up to the upper trend line of the falling wedge.
Then you place the stop at the previous low and we are likely to get another ride up.
This is a hypothesis as it might go. patterns might fail. should that be the case and ETC drops further then we will have to assess at that moment what the structure looks like.
Please also check out my other post about Bitcoin because it has a very important influence on the ALT coins.
This is my personal view on Ethereum classic and not investment advice. Always do your own research before trading and apply stops and money management for reducing risk and maximize profits in the long run!
Ethereum Classic ETC will rise again! first target 169 then 180!Hello traders,
You see here a 30 minute chart of ETC Ethereum Classic. This is update from my previous analysis on ETC.
I see ETC moving back up towards our first target 1 of the previous analysis at 169. After that the all time high will come back into view at 180 USD.
Please note the inverted head and shoulder formation on this short timeframe!
Volume is currently still low but these coins like to retest old tops.
For the medium term, I remain bullish on Ethereum Classic. There is simply enormous interest in this coin and we can already see this from the massive volume seen during the rise.
Keep a close eye on the support levels and place stops to protect your capital.
Please keep in mind that the neckline of the inverted head and shoulders formation has been broken and will almost sure retest but then ETC is ready for the targets 169 and 180!
Happy trading!
This view of Ethereum Classic is purely my own opinion and absolutely no investment advice. Always do your own research before making a trade.