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Etcbtc

ETCBTC LONGEthereum classic has been quiet for a while, since its drop in march, it has been losing value against btc. This could soon change. By looking at the chart, we can notice that there is bullish divergence on the RSI 4h. 2nd thing we can notice is the small falling wedge, which already completed the 5 Elliot correction wave. We are almost oversold on the daily, sure there could be more room for a fall, but it looks unlikely. If ETC breaks out, and reaches the red resistance line and breaks it, then a new trend will start, and would complete the big inverse head and shoulders. All of this is backed by the incoming hard fork in JUNE, which would make ETC interoperable with ETHEREUM. This idea is for educational purpose only, I am not a financial advisor, and not an expert, just sharing my thoughts :) Good luck with your trades.
Long
by darkpiggie
Not an attractive trade on ETCHello Traders. ETC/BTC doesn't have a RISK REWARD attractive trading, For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us, we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk. For ETC our stop now have to be below today's candle about 7%, and we have a very strong resistance up ahead about 8%, so we are risking the same as we wanna gain, so we have to look better opportunities. Please push like button, follow us on Tradingview and on Telegram. Best regards, Sandro and Gustavo. Feel free to visit my pages if you would like to know more
by MarketMinds
ETC/USD Looks Extremely BullishEthereum Classic is currently in a run up almost 13% on the day. I believe as long as BTC behaves we could see an even stronger pump in the short term. I would be cautious of entry right now. As I stated, stability of the pump is really dependent on BTC holding or breaking its current range. However, if managing risk properly, this could be a very profitable long. I'm personally up over 9% P/L. I got in at 6.97 with 2X leverage and I plan on holding it for a while longer. Trade safe out there!
KRAKEN:ETCUSDLong
by C19Trading
1
ETCBTC LONGBy looking at the chart we can notice a couple of important things: 1) there is a descending channel with 5 waves 2) there is clear bullish divergence 3) formation of dragonfly doji candle on the daily These are clearly bullish signs. If etc picks momentum the price could skyrocket from here. Especially if it touches that upper resistance line ( the neckline of the big inverse head and shoulders not shown on the chart). This could eventually result in being one of the lowest entry points for ETC. As usual this is just for educational purpose, good luck with your trades!
Long
by darkpiggie
ETC / USD — Continuation Setup. Target. Stop loss.Hey friend! Making everyday chart updates for you, send me requests. Check out last ETCUSD analysis. Price after breaking out from the Triangle pattern, now going to resistance zione Looking to increase position near 5-ish prices. SL shared in my group. Keep position size small and safe. Target at 6.5 zone. If you following somebody with good Risk/Reward and Win Ratio. Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor. Please don’t follow any analyst blindly on this website. Always use stop loss to prevent yourself from losses. Make sure you understand and afford the risk. Please. ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Stay tuned to Artem Crypto
BITFINEX:ETCUSDLong
by ArtemFuturesTrading
2