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Etcbtclong

ETC/BTC strategyHello, traders. ETC, we have an interesting situation happening with it, it broke its short-term downtrend but is now testing the key level as resistance (A key level is a place where the price was support and resistance many nos Last times) The ideal would be for us to start an accumulation close to the resistance and as soon as we had the breakout we will be able to enter, we have a buying point in the resistance line to test as a pullback, above the key level we will be very bullish in the ETC Push the like button and follow on tradingview.
Long
by MarketMinds
1
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
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/BTC TA Update (short-term relief?)ETC/BTC ETC may have temporarily found support at 7100 sats regions and manages to break the trendline resistance. This is a good sign for ETC bulls in the short-term but the battle is still too far. There is a lot of trading action needed to shift the tide. ETC needs to hold current levels and must not close below 7100s because this will invalidate the potential short rally up after breaking the important trendline resistance. If everything goes well for the bulls, I'm eyeing a potential top at 10k-12k sats levels.
Long
by PolarHusk
ETC/BTC Bearish TimeHello Traders, Today i am gonna be doing a quick analyses about Ethereum Classic, for this asset we have a big uptrend moviment, and now the bears held control of the price, we lost wall the fibonnacci Retracement levels, we dont have any bulls defence, and now the price is acumuting on it seens to be a Bearish Rectangule, the last chance to make the price have uptrend moviment is remaing above the 0.03828 level, if we lost this level, the price will go back to test the important support line. Please support this publication with your like. You are welcome to follow us on the Tradingview. Best regard Sandro and Gustavo.
Short
by MarketMinds
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.
Long
by PolarHusk