ETC/BTC Bullish Chart and Is it Good Time to enter..?#ETC/BTC TA Update :-
#ETC after breakdown it dumped almost -50%
Bow again good time to enter in this trade.
Now trading at support level.
Entry:- 3000-3200 Satoshi
Targets :- 5125/8220 Satoshi
Stop loss:- 2990 Satoshi
Support :- 3000 Satoshi
Resistance :- 5125/8220 Satoshi
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ETCUSD
✳️Ethereum Classic/USDT (6/11) #ETC $ETC #ETCUSDTETC is in good buying force and has also broken out but still needs to close the 1D candle above the 5.5-5.6$ zone to confirm the uptrend and ETC will easily bounce back to the 7$ or even 9$ zone in this bull run
📈BUY- LONG Strategy
- Buy close to 5-5.1$, stoploss if B
- Buy close to 5.5-5.6$ if A, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 5.5-5.6$ if B, stoploss if A
- Sell close to 6.9-7$ if B, stoploss if A
- Sell close to 9-9.5$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 5-5.1$ if B, stoploss if A
❓Details:
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
ETC trading web.This is a chart of some support and resistance lines that ETC seems to be caught in. Every time it breaks a channel it should make it support with confirmation. ETC looks to be safe trade as it's on the bottom of the channel. The double attack a couple months back has really pushed prices real low and is really under valued in this market in my opinion.
Focus on a few so can conquer many!
ETC "bearish flag" and exit down to $4.ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world.
Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years)
Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks)
For our part, we can say that the historical high $47 for ETC cannot be achieved.
It looks like the ETC price has been trading under the bearish flag for the last two months.
It is unknown how the altcoins will react when Bitcoin starts correction or fall.
The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6 .
And the fall may start from the current indicators.
The result in all cases will be the same - the level $4 will strongly attract to itself.
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ETC Building up pressure.The price action is looking to push up to the down trend from early this year. If it happens to break above and hold a daily candle, for me it's a very bullish sign and will really pop very high. Look at the down trend like the cover of a pot. If the water boil pushes the top off the steam and water will over flow and push out. Right now ETC is starting to boil, lets see how hot it can get.
LONG Term expecting Bitcoin 9700 if we dont confirm the line!This are update depending on long term expecting for bitcoin.
Expecting depending on my study that bitcoin can Hit the 9.7 area if we dont confirm the R line.
Have good time all (:
I upload day trade and long term updates.
this update are long term expecting bitcoin.