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Etcbtc

Etherum Classic (ETC) vs Tether (USDT) - Going Bullish ($$$)Etherum Classic (ETC) has been doing great the past few days, lots of growth and many positive / bullish signals are developing. I posted an update in my long term Etherum Classic vs Bitcoin (ETCBTC) trade which you can find here: Now, let's take a quick look at ETC vs USDT. By looking at the daily and weekly charts, we can spot the following signals: - On the daily time frame, we can spot a bullish MACD plus strong positive divergence. - The RSI is on the bullish zone and asking for more. The STOCH is very bullish as well. - We have a signal that never fails, EMA10 crossing up EMA50, as well as SMA20 crossing up SMA50 (which is basically the same), very strong bullish signals that points to additional upward movement for this coin. - We are now trading above the EMA100 line, which hasn't been done for over 2 months. The next challenge is the EMA200 line at $18.5. - Three consecutive green candles is another bullish signal. - Volume is a bit low but momentum is building up. - On the weekly time frame, to the right, we can see that ETC has been positive for 4 straight weeks and now crossing above the EMA10 line, which is great for this coin. - The MACD is yet to turn but the RSI is slightly starting to trend up as well as the STOCH. - A strong close on the weekly time frame can mean huge gains next week... And that's exactly what I believe. Note: This is no trade advice. This is an educational post. Thanks a lot for reading, I hope you were entertained by this information and wish that it can help you earn a few bucks. Namaste. P.S. Please make sure to like, share, follow & comment to support more of these trade ideas.
by AlanSantana
26
ETC wedge toward Highs at 17.8Hey guys, ETC is building this wedge toward the highs at 17.8 -we actually had a wick at 17.5 already. => A consolidation at this stage would be pretty normal. While a wedge is mostly bearish, in this case it is quite remarkable that ETC manages to stay at the upper trendline of that wedge: If you were to align the wedge to a smoother move, it would equal an ascending triangle. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;) => Therefore: beware bears! Even if the wedge breaks bearish, it is the weakest form of trend reversal. You can always get a smoother trend continuation with wedges => That's why I personal never play those. All in all, the bulls have the upper hand now: We have made the 12 & 26 EMAs to our support, and if we manage to keep them the next days, it might mean bullish continuation for several weeks to come. If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;) About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BITFINEX:ETCUSD
by Edgy_
4
ETC/BTC BinanceIts far from where the good buy points were. Id recommend waiting to see what happens to buy. There seems to be a massive amount of resistance above the current price. But I feel good about where the price is in regards to the avg bottom that it used to hold. I wouldn't trade it because other coins are more obvious with their TA, BUT... the current trend has checked the .5, so seeing a bounce at 2446 would seem ok, but the inability to go higher than the recent high seems to be a big bear flag. I have good faith in 2144-2172 as a steady base, instead of the old 2000. the next place i would be kind of ok with is 2231. All of it can be followed on the chart, so there isn't much to say.
by TrendLINEBoys
2
ETC Bulls: above the necklineHey guys, the ETC bulls managed to stay above the neckline vs. their BTC bull brothers -this shows the clear relative strength vs. Bitcoin, as also seen in the ETC/BTC chart. Just like I wrote yesterday, we had some room to retrace to the EMAs on the 4H, and we perfectly touch the 26 EMA , also testing the previous neckline, now turned into support. So, ETC bulls are clearly waiting for the go signal - which is gonna come from none other than their BTC brothers, but who are right now still indecisive. If they don't get the go-signal, they're not going anywhere. For me personally this is a no-trade zone with too much choppy action & wicks. Therefore, no matter what you play here, never forget looking at grandpa BTC. If you find my analysis helpful, please like & subscribe, and watch my daily videos! ;) (description in my status) About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC
BITFINEX:ETCUSD
by Edgy_
ETC with relative strengthHey guys, hope you're doing all fine! ;) ETC shows some relative strength which is obviously still related to the Coinbase listing. We managed to form a higher low compared to the June 10 low at $12, with a crazy doji reversal on the Daily. On the 4H we're upholding both EMAs 12 & 26 as support. On the hourly we've been beautifully riding the 12 EMA as support, after breaking the neckline of the inverse H&S to the upside. But once we lose the hourly higher lows, we have to look for a 4H higher low to be established, and we have still much room until the EMAs on the 4H for consolidation. All in all, ETC still shows a clear relative strength, with the 15-16 Dollar range as an important support/resistance area. If you find my analysis helpful, please like & subscribe, and watch my daily videos! ;) (description in my status) About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BITFINEX:ETCUSD
by Edgy_
There is a trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00233) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00282 TP2= @ 0.00324 TP3= @ 0.00350 TP4= @ 0.00470 TP5= @ 0.00560 TP6= @ 0.00820 TP7= @ 0.00951 TP8= Free
Long
by ForecastCity