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#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%. We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming! We don't see massive gains on this one, but 10% is 10%! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:ETCUSDShort
by theCrypster
6
#ETCBTC - Up to 20% Price Drop PotentialLooks like #ETC could be just about to fall off a cliff edge as it reaches the end of this wedge. There's a level of resistance above in the form of a descending trend line and a few levels of historical support/resistance below. We could see a small swing upward toward the trend line, the price may even break through as this doesn't appear to be a super strong resistive layer - but with a strong Sell signal from Crypto Tipster v2 we've set up 2 TP zones based on historical levels. If you enjoyed or agree with this idea - drop us a comment, like & follow! :) *not financial advice ✌️
Short
by theCrypster
6
#ETC/USDT 1DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. Ethereum Classic (ETC) continued to trade close to a three-month low on Tuesday, after hitting this mark to start the week. Yesterday, the token hit a three-month low of $23.10, and 24 hours later, prices remain near this point. Following a move to a high of $24.31 earlier today, ETC/USD once again moved lower, dropping to a bottom of $23.73 in the process. This week’s low saw ETC move below a key floor of $23.20, which has been in place since mid-July. In addition to price, the 14-day relative strength index ( RSI ) has also hit a multi-month low following the bear run. For traders looking to buy the dip, this is potentially a positive sign, as we are firmly in bearish territory, and could eventually see bulls choose to reenter the market at this point. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Ethereum Classic (ETC) 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week. Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today. The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge. Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00. As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark. After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ETC /USDT has a nice short term setupi think that for the next couple of days ETC will move inside a 10% channel. i will enter a short around 44.30$ and i will have two take profit points at 40,25$ and 41,70$. now for the bad scenario,its not even bad,i will cut my minimal losses if a 4hour candle closes above 45,3 which is a 2,2% loss. it's not a sure move,but it is a tiny risk move,so i will use only 2x leverage this is a short term move and i believe we will soon see it above 50$ and because of that,after my take profit hits i will upload another aide for a ETC LONG this whole idea is supported by pattern,indicators and genral market conditions.
Short
by POWcharts
ETC/USDT ShortOur chart is indicating bearish path for etc in the next few days. Why? - There is a possibility we do a breakout on the trendline and reverse from the Fib level&vp line last session. We will open a short signal up on confirmation ( at the trend line ) as the chart indicates! Our take profit will be at the golden channel in the fib, it's a buy zone as it also contains pivot points support & Vp line. Have a good day & I hope you like my scenario. keep it up y all
Short
by Dev1neTrades
ETH to $70,000 (£56,834) by 2030- ETH isn't going anywhere, QNT, XDC and many other amazing projects are built on the ETH network. - ETH is massively involved with this new world agenda along with BTC. - I personally own 0 ETH because I hold QNT which will do much better than ETH long term, but they are both winners. - In the 2017/2018 BULLRUN ETH hit the 89 FIB extension, so the 55 FIB extension will be easily achievable, also remember we will have utility bull-runs now as big banks and institutions are ready pump up crypto, however we need regulations first and all the shit coins need to go. - NOT FINANCIAL ADVICE.
COINBASE:ETHUSDLong
by ALTCOIN_BEAST
ETC going 35 or below?Weekly timeframe looking bearish and shows hidden bearish divergence, would it reach 35 or even below? =================== Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable. READ THIS NOTE!! Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Short
by CallMeBeginnerTheExplorer
4
Ethereum Classic Potential BART - the next WAVES?Ethereum Classic / BTC 1D chart is showing a breakout in price, but with very low volume compared to April last year. Price is currently quite high, and as you can see on the ETC/USDT 1 hour chart, buying volume has been falling and falling. In the last few hours, we have seen selling increasing a lot. You can also see the red volume falling underneath and retesting the Blue trendline on the Volume Oscillator, indicating a potential downwards move. What this basically means is that the buyers volume was rejected at a certain point and the sellers are taking control. We also see a bearish Head & Shoulders pattern form on the 1 hour UNDERNEATH the Blue moving average price trendline, inside of a bear flag. We could see a MASSIVE drop here - the chart is quite similar to WAVES - we are seeing distribution here at high levels after a low volume pump. So why do I say BART? Take a look on the 1 hour chart on the right. Look at the Volume oscillator. Do you see how price is rising but Volume is going lower? (See thick red resistance lines drawn.) This is bearish divergence in volume and detects MID TERM DISTRIBUTION. Resistance is at 46.4 on Kucoin, or you can breakout trade. Good luck.
Short
by reiiss7
ETC/USDT : LONG or SHORT ? BINANCE:ETCUSDT Hello everyone 😃 There are two opportunities om #ETC's chart. #ETC is moving in a rising wedge, Witch is technically bearish and Also If we ignore the higher line, There will be a bullish triangle ( flat top triangle ) formed ! So you can use the both side to take advantage. - If #ETC break below the wedge, The you can take SHORT after a retest on the breaker line ( $55.77 ). - If #ETC take hold above the breaker line and break above the resistance zone then you an take LONG on a retest of broken zone ! 🔴 I'll track the info and let you know about the entered position. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
10