Dont you worry bout a thangwe could retrace to $29 or $37 .... we could also just blow past $50 after consolidation. Been mining ETC for a few months and todays pump was a good day to SCALP profits for a quick retrace.
Sold at $52
Current price: $48
watch for volume and retrace, if not, were pumping, just a guess
ETCUSD
[ETC/USD] Long term: What is the future of ETC?TREND:
Trending line has clear bearish tendencies since the end of February.
SUPPORT:
We are currently missing any major support line until around 2.662USD. Either we will create a new support by side action or we will fall in correlation with the trend line.
VOLUME:
Volume is proving to be not big enough for bulls. We can clearly see that bears are taking the lead. Should we see some change? If yes, then already mentioned side action is needed with higher highs.
RSI (100days):
It is currently on 42 (meaning of life?) which is not hugely oversold, therefore there is still lots of room for selling action.
Summary and prediction? I see ETC slowly falling down to the area of 2.662USD until the half/end of January.
If you agree, then your like is appreciated :)
Happy trading.
ETCUSD Still not bullish long-term until this breaksEthereum Classic has had a +45% rise in just the past 2 days and is currently testing the 1D MA200 (orange trend-line). That level has been intact since the November 10 2021 Lower High.
Unless the 1D MA200 and the Lower Highs trend-line just above it break, ETC won't reverse the long-term bearish sentiment and will continue trading within the Channel Up that started at the begining of the year. A break below the bottom of this Channel Up, constitutes a sell signal targeting the Pivot line.
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AMC & Ethereum Classic CorrelationI believe institutions are using Crypto for the purpose of leveraging their positions on meme stocks.. like AMC. Ethereum Classic, is one that has been extremely correlated with AMC's price action lately. As you can see here, ETC started leading the way in February of 2021, and shortly after it dropped, AMC began creating the same patterns. They were traded against each other up until November 15th, when they started tracking identical (in time). In our current state, both seem to be very correlated in pattern movements; they are still tracking identical. However, I believe things are about to change. ETC is up 20% today (Saturday March 19th, 2022). I think this upcoming week we will start to experience their correlation (in time), slowly stray away from one another. The pattern tracking will continue, except, it will occur on different time frames. This process would allow the institutions to, once again, trade the two against each other in preparation for the next runup, or.. the squeeze. If true, the manipulation of AMC would seem inevitable.
ETCUSDT, We are going to complete Wave CHello everybody
We hope that everyone are in profit in these days of market and a f.. war :(
According to the chart and last analysis that we published, the price was moving in downward trend and we can say that is moving in downward channel.
According to the Elliott theory now are in wave C and we need to complete it, We shown on chart one of the most powerful PRZ level that can the price impact it and ready to move upwards from this level.
But important thing is : PRZ Level is the zone that have power to change the trend not surely do it just have the power.
In these days until Feds event not happend do not trade because its risky for everyone, wait the market show us what gonna do :D
Observe to your capital management
Good Luck
Abtin
Very Previous analysis :D :D :
Ethereum Classic (ETC) - March 11Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETCUSD 1W Chart)
(Full: )
Above 19.220 point: expected to continue uptrend (long-term perspective)
Above 36.280 point: Expected to create a new wave.
(1D chart)
38.376-49.785 section: section that determines the trend
Therefore, it is important to maintain the price above the 38376 point.
If the price declines below the 26.542 point, there is a possibility that it will fall near the 19.220 point, so you need to trade cautiously.
To turn into an uptrend, it must move above the 32.740 point.
However, it is expected that the upward trend will continue only when it rises above the 57.505 point.
The next volatility period is around March 22.
-------------------------------------
(ETCBTC 1W chart)
(All: )
0.0009 Above 70 points: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ETC/USDT - Potential 293% SetpHello Traders!
ETC continues to move in a downtrend, completing the previous business cycle.
The price range of $11.30 - $14.50, from which the acceleration of upward movement began in the spring of 2021, will be a comfortable zone for formation of a medium-term position.
It will be necessary to close the position by stop-loss only in case of decrease of the price under the support level of $7.28.
It will be a good opportunity to fix profit on such deal within the price range of $29.00 - $44.50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Ethereum Classic (ETC) - February 14Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart)
(All: )
Above 19.220 point: expected to continue uptrend
Above the 36.280 point: Expected to revert to an uptrend.
You need to break out of the downtrend line to accelerate the uptrend.
(1D chart)
If the price is maintained by rising to the 38.376-49.785 section, it is expected to rise above the 57.505 point and continue the upward trend.
If it falls in the range of 14.363-19.220, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
------------------------------------------
(ETCBTC 1W chart)
0.0009 Above the 70 point: Expected to turn into an uptrend.
0.0018 16 - 0.0023 34 or higher: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ETC- Trend update (LONG)Hello trading friends,
This is a daily update for ETC with the trend expected for a long.
ETC looks to have a stable trend since the breakdown.
Grayscale owns this coin also depending on the dollar cost average - and it shows that it has the possibility of growing in the coming time.
It's always good to wait for confirmations and to buy into the red.
Interesting levels for uptrend are 46 USD, and 53 USD trend further also the important 64 USD level for long term.
Let's see how this coin will affect the coming time, and or it will get a breakout.
Most of the coins waiting for BTC - so it's important also to follow BTC trends - and price changes take also time.
At all times manage your risk well and have a great day.
If you like this idea - leave a like and follow - Thank you
This is not a trading call.
inverted head and shoulders?am not a financial advisor.
ether Classicoutperformed many Alts in 2021 possible to do the same in 2022 and reach 170 dollars again or more.
please take a look at bitcoin. we are not in a bear market yet. Elliot wave of 12345 is not yet finished in bitcoin.
once inflations calms down. we will see a reversal.
btc might hit 40.8- 41 which is the cme gap
but before that happens. we may get a chance to grab some at 30.52 which is the 50ma.
I have my buying order set already
happy trading and happy profit taking
Simple but smartHi guys
The triangle is broken upwards. It is expected that the price will increase to the ceiling after the failure of the midline. Of course, the target will be updated according to the bitcoin trend
What do you think?
If you have any questions, I will be happy to answer
If you like this analysis, like and follow 🙏
Do not pay attention to shadows
This analysis (to determine profit margins) is updated here 🔄
This analysis is a personal analysis and not a buy and sell signal, so it is the responsibility of the person to buy or sell
Also, if you have a suggestion or criticism, we will be happy to hear it
Look at our past analysis to trust us
ETC to 44 USDHello,
Ethereum classic broked out this falling wedge and now a good movement will happen.
A close above 0.000750 sats in 7 hours will put ETC into a nice uptrend zone because will get the MA support.
Stochastic/RSI bullish divergence
ETCUSDT broked out the downtrend, now we need a re-test and after FLY baby
Have fun guys! The target you can see in chart
Ethereum Classic (ETC) - January 15Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart)
Above the 16.722 point: the uptrend expected to continue
Above 36.305 point: Expected to create a new wave.
A stop loss is needed to preserve the profit and loss as it declines from the 36.305 point.
However, if it does not fall below the downtrend line, it is expected to rise, so trade cautiously.
At this point, it needs to rise at least 42.1 points to turn into an uptrend.
However, to accelerate the uptrend, you need to break out of the downtrend line.
-------------------------------------
(ETCBTC 1W chart)
Above 0.000970-0.001374 section: expected to continue upward trend
Above 0.001816-0.002334 section: Expected to create a new wave.
Since it fell from the 0.000970 point, it is entering the mid- to long-term investment area.
Therefore, it is important to keep the price above the 0.000629 point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------