Ethereum Classic forecast and signalLearn and Earn!
After breaking the price of 42 USDT and confirming the break.
Confirmation of the break of resistance or support in this 1-H chart; that is, the bar (or candle) closed at the top of the resistance or support price, as well as the next candle, growing at least around 5 pip ( in forex usually call it pips ) or units ( 5 pips in cryptocurrency is around: 0.10%) more than the maximum price of the last closed candle.
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Please pay attention!
First: Trades have a time term , and in this case, it's from now until the next 24 hours. (You can also see it in the diagram)
Second: You can see the entry price in the chart.
So for this one, the trade is activated when the price reaches and crosses $42 (USDT)
Before the price crosses the mentioned place, the trade position is not active.
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Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
ETCUSD
ETCUSD - Ascending Triangle BreakoutETC is undergoing a break out
Right now on this 4Hr chart an ascending triangle can be observed, a bullish pattern
The breakout should continue
ETH Classic - ShortHello Traders and Investors,
ETC had a good run, but the top is in for it. HNS on the 5 minute which should push the price down to the closest support. A rebound back up to the neckline is possible after the first support is touched. But a continue in decline of the price is expected.
Let me know what you think.
ETC /USDT has a nice short term setupi think that for the next couple of days ETC will move inside a 10% channel.
i will enter a short around 44.30$
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.
ETC (the monster is coming back ?)ETC / USDT
I made analysis for this coin since 1 week ago
And it seems following my idea ⬇️
Price is already pumped 21% from my last idea
Ignore the noise and fluctuations in small time frames we saw a clear breakout in weekly time frame
The first strong resistance is located at 50$
Best of wishes
ETC TopETC was a market leader for a while so it makes sense for it to top out before everything else. Money made from this on the way up will also roll into other projects as well.
Looks like we've done a 5 wave impulse that has ended. The RSI of the 5th wave was higher than the 3rd but not by much. Close enough to call it a 'double top' - same with the price action. I believe this is a B wave up that has retested the highs. If it goes above the highs again then my count may be invalidated as we see an extended 5th. Looks like a safer short than a long here!
Etc :)My imagination. We will go back to the bottom again.. but the currency is very good and has an excellent analysis. Once we return to the bottom, it will rise insanely.. It is not advice to sell or buy,
this analysis was analyzed by Jane's methods of analysis.. the figure drawn for imagination only
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 45.32
TP2= @ 48.31
TP3= @ 52.13
TP4= @ 55.77
TP5= @ 60.90
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 45.32
TP2= @ 48.31
TP3= @ 52.13
TP4= @ 55.77
TP5= @ 60.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ethereum Classic (ETC) forming Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with BTC pair.
In previous trade ETC slightly move below the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, ETC is about to complete a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ETC (watching price action)ETC / USD
Multiple attempts to break the major resistance on high time frames
The yellow area marked in my chart is very important for watching to see how the price action will play out
-If bulls cleared the resistance with weekly candle close above trendline this will be a sign of strong bullish wave coming in next days/weeks
-If a weekly candle closed with bearish engulfment the bullish view will be invalidated… so lets see how the bulls will act here
ETC - 4H BearishETC has a nice and neat upward trendline, and the price is touching the trendline again. We have some weak signs for continuing the growth, and it's more likely that the price will cross the line.
There is a lower high, where we had a powerful rising candle that didn't continue. These signs show us weakness.
ETCUSD ❕ the price try to break the upper boundary of channelTD Sequential formed a reversal signal upwards (4H TF)
ETC tests the downtrend line on RSI (1H TF)
Price and RSI have formed a bullish divergence (30m TF)
I expect that the asset will try to break the downward channel and after fixing above the resistance level will continue the upward movement.
ETCUSDT 1H TA; Resistance Zones According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ETC, time to retrace, mmkayBINANCE:ETCUSDT
COINBASE:ETCUSD
BYBIT:ETCUSDT
Impressive run on Ethereum Classic, stats show it's getting time to retrace.
I imagine ETC will test and reject the blue trendline.
General Stats:
Daily Vol % change: -27.88%
Daily RSI is way up there: 84.33
Short Target #1: 36.9
Short Target #2: 33.8 to 32.1
It is important to rebalance the chart when a level is broken, this also means adjusting targets.
ETC - Run before it's too lateReasons to take short:
⭐️ Coin rose 90%, correction is needed
⭐️ We ended Elliot wave growth pattern
⭐️ Bearish divergence
⭐️ Volume leaving the coin
⭐️ 350 ATR
You can enter when price squeezes to the level on 5m timeframe or to the trendline, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones