#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%.
We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming!
We don't see massive gains on this one, but 10% is 10%!
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Etcusdshort
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
We Buy Etc With What We Earn From Crypto.We decided to use All the Profit we earned from cryptocurrencies to buy Ethereum Classic.
We ask for $ 95 out of $ 86 All of Ethereum Classic. If anyone is afraid or wants to take profit, he can sell it to us without hesitation
It is not investment advice. Just watch.
I love to shake the stock market. Imagine that the guy who buys at $ 180 is selling me for $ 90. It's not a joke .
Some people think the stock market and the technology don't really know how it is progressing.
Tomorrow what do you think will happen when Vısa etc and eth proceeds with btc. etc will it be $ 1?
There is a maximum supply of 210.7 million pieces in the world, even if you want to be excavated, you cannot buy it.
There are 116,313 actively. Some may call us Fomo. We are really afraid. Because we will always have the power to buy from $ 1 to $ 10 to $ 20, tomorrow we will be able to buy one for $ 1000.
In general, we invest in the coins among the top 300 and share our risk.
sharing risk is not the way you know it. we make long-term investments.
pump coins = min 1h - max 16h we go in and out.
We are afraid of becoming a Stop Loss. We enter Buy Limit on it. It stops the price.
We do not care about the additions in the Buyer-Seller section in the Market, we act according to the Graphics. We never race for price.
As we rise, we sell 85% of the goods we have, just below the hill. We use the rest for price reduction. Since we say 1000 $, we will sell it for less than 800-900 $.
💥ETCUSD - SHORT TO $90 THEN LONG TO $140Price is presently in a symmetrical triangle.
Price broke the supply zone downward. Therefore, I expect price to pull back to $118, short to $90, then long to $140.
What do you think?
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ETCUSD: Analysis using Ichimoku 12/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 61.8%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible continuation of the correction. Also, the divergence has formed on H1 between price and RSI.
Conclusion:
Selling ETC looks risky, since the correction model may take the form of a “triangle”, but you can use this setup and sell ETCUSD when RSI reach overbought level at H1. Stop loss must be set at 6.8.
Also, we recommend buying when the RSI reaches an oversold level on the H1 near level of 6.2.
ETC: Analysis using Ichimoku 06/06/2020H4
The visually visible upward channel, the borders of which in the near future will be tested by the price.
The ETC price is trading below the Ichimoku cloud, indicating a local correction.
RSI is near the oversold level, indicating the possibility of a change in trend.
Conclusion:
We recommend buying from the key Fibonacci support levels of 50% and 38.2%.
H1
Visually, the border of the downtrend is clearly visible.
The price slowly declines below the Ichimoku cloud.
The RSI is near the oversold level, indicating a possible end to the downward movement.
Conclusion:
We recommend buying when the RSI of the oversold level is reached, and also continuing to buy after the price is fixed above the downtrend line.
Good luck!
ETCUSD (SHORT) C&H signals higher high TP1-2 & stop loss listed on the two green horizontals and the red horizontal, respectively.
Cup & Handle formation signals window for a nice short. Not too late to buy entry before FOMO!
TP1: $7.30
TP2: $8.179
Stop @ $6.189
What a beautiful day for both NYSE && CoinMarketCap =]
Disclaimer
Not financial advise.
-@a1mTarabichi
ETC/USD Short-term trade setupKRAKEN:ETCUSD
ETC/USD IN 4H , 1H and 15 min time frame showing that current trend is down so we have an opportunity to trade for a short term period.
But before execution wait for the breaking of 5.600 level then you can short this pair .
* This is not an investment advice just for education,
* Our work is to give you the best-est possibilities and probabilities about markets,
Thank you.
W bottom And volume surge on $ETCUSDW bottom and volume surge indicates parabolic upswing. Always set stop losses!
Happy Monday all = [
**DISCLAIMER:
This is not financial advice. These are speculative market projections strictly for entertainment and educational purposes. Please invest wisely & not a penny more than you can afford to lose! With that being said have a wonderful day!
Safe trading everybody
- m.T
ETCUSD Bearish or Bullish ?Hello Guys! this the chart of ETCUSD 4H.
Points to monitor -
1. on the 4 Hour Chart conversion line crossed up base line below the cloud this is sign that market is recovering and you should close your short position. On the daily chart conversion line is still below the base line.
2. on the daily chart moving averages are little away from price, if indicator show momentum ETC should touch MA on the daily chart.
3. Stochastic RSI is showing overbought on 4H chart and a little movement in the daily chart
4. Now we should look at the resistance 12.238$ and 13.668$