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ETCUSD

ETC 1D Global Picture: Where to Sell and Where to BuyYour attention is the global picture on the ETCUSDT chart At the end of last month, the Ethereum Classic price made a good x6 rally in less than two weeks , after which a correction phase began. Later, the corrective fall accelerated the fall of the entire crypto market. But there is also a positive point. The fall was aggressively bought out from the $40-50 zone , and this is essentially the absolute maximum in 2018, which could not be updated for 3 years. On daily candles, the ransom formed large shadows from below, and the candlestick bodies closed above the $47 level, testing the liquidity zone for strength. This alignment of events gives hope that the price of ETCUSD may rise again to the price range of $115-125 . In this area, you should cover the longs and look around. Since further there can be two scenarios: 1) Fixing the ETC price above $115-125 will give a chance to think about the next global target in the $260 area. 2) If the negative background continues to dominate on the crypto market, then it will be possible to place buckets for purchases in the $20-30 zone, because this is the next liquid zone, which is below $50. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
33
ETC - UPDATEETC so far playing out perfectly we caught the bounce from $40 on SPOT and are now already up over 100% on our investment.... from a technical perspective we can aslo see on the daily timeframe market broke above a strong level of daily resistance and also broke above this corrective down trendline.... price is currently retesting the area of previous daily resistance as new support i am waiting for confirmations on lower timeframes before we can look to capitalise on the next leg up.
Long
by ITSCRYPTO1
2
ETCUSD further bearish correction aheadWednesday freefall in crypros was one of the major deep correction in recent history and ETCUSD has lost almost 30% From MAY-07 ETCUSD was in bearish trend and its reached 40.00 level.As a minor bullish correction ETC has jumped towards 80.00. At this level we can see a series of corrections.Previously 80.00 has acted as minor support.Sell at current level and primary target would be 35.00 Place your stop lose above 90.00 which is expected 200EMA resistance
COINBASE:ETCUSDShort
by forexorbit
2