ETCBTC triangleSkipping this one because of the resistance above, but still interested in tracking the performance.
Etcbtc
$ETC, Crossing above ~110k sats w/ slowly increasing volume $ETC
Crossing above ~110k sats w/ slowly increasing volume
EMA50/200 Golden cross (last time was around April 2017 Bull Run👀👀)
UCTS Bullish across every HTF (1D-1W)
As inmmediate target ~124k sats resistance level, entering now seems risky aim for R/S Flips or retests
#ETC
ETC/USDT TA Update (Bearish Pattern?)ETC is painting a bearish triangle pattern after failing to break previous High and bounce at the same support area.
My target to the downside is in the chart coincide with the 200MA dynamic support.
ETC/BTC TA Update (Small Bearish Pattern?)ETC/BTC
ETC is painting a bearish small rising channel that has the change to break to the downside
and challenge key support area at around 9800 - 9000 sats which also coincide with the upward trend-line support.
ETC Ethereum Classic Double Bottom, Target 16/18I have been scrolling through my list and i was staring with my mouth open for a while looking at this chart. Wondering, how the F did i miss this perfect setup. Maybe on of the easiest a trader can encounter when doing TA and trying to find a nice pattern. I know one of the main reasons is that i have not been around much as i used to past half year, but also because my big picture for Bitcoin (the fractal), was only half way, so i was not really looking much at alts before getting some real confirmation for the fractal. But this one lifted off way before Bitcoin did.
Anyway, missed opportunity, shit happens :).
At the moment, it's at a big resistance around 10, it even wicked to 12, but think we can assume that is just because of the speed of the rally which created a short squeeze as well. So i am going to assume that the 10 zone is still intact. Ideally we see some kind of consolidation coming days/weeks between 7.5 and 10. Creating like a big bull flag as i am showing on the right. If we see this happen and if it takes a solid shape, like a bull flag, or a ascending triangle, chances will be very big to see a continuation of the rally. Target is not easy, but think it would be between 16 and 18. If we break up, volume is of course very important as well. Double bottom patterns are reliable patterns, but no guarantees of course.
Previous analysis:
$ETC - ETHEREUM Classic - The DAONice structure here in the ETHEREUM Classic (The DAO). Solid moves. We are now at the previous X wave top. If this was a 2nd wave low, we are looking much higher, above $50
Expecting the support in the area of 4th wave of lesser degree and then another push on lower volume and divergence towards a possible 5. Time for corrective choppy days on this one.
Good Luck!
ETCUSD ETCUSD... If the price drops to 8.95, short position can be opened and 7.75 price level can be expected.
ETC retracingTime to fall. Targets are ~8500 and ~7600. First zone just above 0.382 Fibonacci level is the last one that assumes bullish continuation. If price drop lower, momentum will be lost and ETC will take much longer time to consolidate within same 7000-7700 area.
ETC/BTC TA Update (Pump and Dump?)ETC/BTC
ETC shoots up over 100% price increase in a very short period, this move is kinda scary as no single support is built during this massive move up.
The price can drop faster, be cautious as this coin is highly volatile and risky. Also, ETC is trading within an area of resistance and the candle hasn't closed yet.
Do not FOMO with this type of market move or you will regret joining late.
$ETC, Went parabolic over the last 48hs$ETC
Went parabolic over the last 48hs with a clear spike in volume (exhaustion?) that suggest some retrace on the following hours/days... (80% up.. ⚠️)
If you are hodling, lock profits and look for lower entries, no R/S flips since 63k sats...
#ETC
ETCUSD LONGJust my opinion, not a financial advice.
Double bottom with further room to grow.
There is continuation chart pattern on smaller time frames
Ethereum Classic Long-Term | Analysis + 700%+ Fib. TargetsIt's been a while since we took a look at Ethereum Classic, a very strong project.
Right now we are looking at the long-term chart on Poloniex for ETCBTC (weekly timeframe)
Here we have the classic break of EMA10 after a new low was hit and later tested and support. This simple move can signal the beginning of a new uptrend.
Chart:
When we look at Ethereum Classic (ETCBTC) closer, the daily timeframe, we can spot the following signals
Strong break of EMA100.
MA200 challenged and broken. The confirmation comes after daily candle closure in ~1H.
Higher low and bullish indicators (MACD and RSI).
Increasing bull/green volume.
Remember to always have a plan just in case things don't go your way.
This is another bullish altcoin that will start moving strongly in Q1 2020 and beyond.
Thanks a lot for reading.
Thanks a lot for your continued support.
Namaste.
ETC/BTC TA Update (1 More Leg Up?)ETC/BTC
ETC is battling key resistance area or the previous Swing High at 7000 sats levels.
We are still in an uptrend but we have 1 warning signal on the RSI. I'm still bullish on ETC since this upward trend-line is still intact.
EMAs are also catching up on its uptrend, this will give us dynamic support to continue another leg up.
Key areas must hold is 6300 regions and anything below it will trigger selling pressure to invalidate this bullish uptrend.
$ETC, Pushing above ~63k sats resistance level making new HH$ETC
Pushing above ~63k sats resistance level making new HH & potential break from bullish flag..
Crossing above EMA200 on the daily chart with UCTS buy signals on the 1D-5D timeframes...
Volume rising
Looking for a R/S Flip as entry with target at ~73k sats level (15%+)
#ETC
ETCBTC Will Continue to RiseSxc looking Fibonacci lines, sitting above grey line. Movement upward likely.
ETC THOUGHTS$ETC
I'd cut longs here, bearish divs into HTF resistance; I'd look for a pullback into range POC (yellow).
$ETC, Crossing over ~55k sats resistance level...$ETC
Crossing over ~55k sats resistance level with UCTS trendfinder turning green(buy) on ALL low TFs & 1D/2D charts
Crossing above EMA50, Volume is not what I was expecting but if R/S flip happens on this level retest we may aim for a new leg up (~64k / ~73k)
#ETC
ETC/USDT | Wedge Breakout Done in Daily Chart..!!ETC/USDT (Update)
Wedge Breakout done in Daily Chart with RSI Bullish Divergence.
Expecting Healthy Uptrend in Coming days so Keep Your Eyes on it..
If You Wants to Hold it For Midterm Then Buy it Between 3.8-4$
Midterm Targets 5.2 - 6.1 - 7.3
ETC/BTC (Monthly)
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ETCBTC lond and shortA sharp impulse up the price, then the same candle returned to the support level. After that, the price flew up to the resistance level.
I look forward to further growth to the level of resistance.
ETC-BTC Trade SetupETC seem trading in triangle pattern and seems to be breaking out on Daily TF.
RSI seems to be breaking out on Daily TF as well.
MACD is rising
SBS Indicator signaled BUY
BUY at the breakout
SL and Targets are on the chart
Target 1 is more of a scalping target. target 2 is mid term as ETC is a slow trade.
