ETCUSD
ETHUSE: Bull/Bear scenarios using Elliott Wave AnalysisCurrently we are tracking two scenarios with respect to Ether.
1) Bull base case: Currently we are completing the 'A' wave down (in red) to be followed by a 'B' wave bounce and which would then complete with a final 'C' wave down. This pattern also mirrors the fractal shown by the green circle that occurred September/October. This would be followed by a strong move higher (green arrow).
2) Bear base case: We have completed an ABC (purple) correction off the initial Eth A wave larger correction (Green ABC) from July/Aug. This scenario would have us visiting much lower levels over the next 12-18 months as we complete the final 'C' wave down.
Ethereum Classic (ETC) - November 13Hello?
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(ETCUSD 1W Chart) - Mid-Long-Term Perspective
Above the 16.722 point: the uptrend expected to continue
Over the 37.180-47.947 section: Expected to create a new wave.
(1D chart)
First resistance zone: near 69.480
Second resistance section: 91.012-101.779
Support section: 37.180-47.947
We are walking sideways in the section 47.947-69.480.
In particular, if the price maintains above the 57.934 point and breaks out of the downtrend line, I would expect the price to rise above the first resistance level.
If it falls from the support zone, there is a possibility that it will fall to the 16.722 point, so you need to trade cautiously.
At the CCI-RC indicator, there was an attempt to raise the CCI line above the +100 point.
If ETC price rises above the first resistance level, I expect the CCI line to rise above the +100 point.
The next volatility period is around December 7th (up to December 1-11).
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(ETCBTC 1W chart)
Above 0.000970-0.001374 section: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in 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 regenerate themselves.
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** 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 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 yet been released.
(Because it is not public, 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 LIKELY MOVE - LONG TO $133 OR SHORT TO $34Please support this idea with a LIKE👍 if you find it useful🥳
We have price currently in a symmetrical triangle after it broke out of the falling wedge.
After the next breakout, I expect price to either go long by 133% to $133 or short by 40% to $33.
What do you think?
Share your opinion in the comment section✍️
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ETC inverted head and shoulders to $125#ETCUSD
$ETC broke out from descending resistance line and confirmed it as support, also price stayed above weekly support zone.
an inverted head and shoulders pattern shows that price can reach $125.
#ETC didn't increase during #ETH rise so it's time to show its potential.
break below weekly support will make this scenario invalid.
MY MINIMALIST ANALYSIS FOR ETHEREUM CLASSIC$ETC
10.30.21
1258H +8 SINGAPORE
THROWBACK THURSDAYS
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: ZONE FOR AN ENTRY ( PRICE ACTION OF ETHEREUM & BTC GREATLY AFFECTS THIS MARKET)
As the 2 superpowers will accumulate after breaking ATH, we can see Ethereum Classic RISE. Just prepare!
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
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Note: This CHART is best used without indicators.
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ETC (Ethereum Classic), wait for the price to get out of range !hey yall ,
so as yall see , ETC is repeating the last pattern . if you look at the pattern , you'll see that price started huge elliott waves after getting out of range . then we had ABC correction waves . NOW , time for what ?
in my opinion , the best time to buy is when the price got outta range . why ? I'm saying that due to our last pattern . what are the targets ? first target is ATH , after reaching it , I'll keep yall updated on that .
after breaking above the channel , huge waves will be expected . if you put ETH and ETC charts near each other , you'll see that ETC always starts to rise few months after ETH , but with a faster pace . so don't worry about ETC being neutral now while other coins are reaching their ATHs .
so I guess let's just wait !
Ethereum Classic surely has a bright future !
if you liked the idea , give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
also tell me your opinions on this idea in the comments .
Good luck .
ETCUSD TO $75?After seeing #Bitcoin and #Ethereum retest their All Time Highs' . It only make sense to expect these other Altcoins to follow .
Now, I am not necessarily saying ETCUSD will retest it's previous high's of $175 this week. But what I am saying is, Ethereum Classic to $75 is more than likely this week.
Obviously this is not a trade recommendation, but rather an invitation to look at how volatile this crypto pair is due to the high volume it get's from traders around the world.
₿ ETCUSDT 1D ₿ : 24.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . My personal opinion : Personal review to buy (Buy Recommendation)
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 24.Oct.2021
⚠️(DYOR)