ETC 30 - 40 % potential long setup !hi !
I hope you are doing well my friends.
.....
( bullish signs )
1. price tested the trend line
2. get close to 23 level support
3. RSI got oversold
4. Bullish hidden divergence/divergences
5. also volume is very low and there is no seller anymore.
the target is around 38 $ which is more than 30 % profit.
.....
this is how I would like to enter trade
4h chart
after breaking the trend and retest on it
.....
not financial advice !
please , share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.
ETCUSDT
ETC USDT DOWNTRENDThis is weekly chart for ETC.
Price is in a sharp decline for the last 6 weeks losing around %50 of its value.
But there is no sign for a bounce just yet when you check out MACD, RSI or BB.
If price cant break 29.27 resistance level, we will go back down to 24.51 area which is a significant support area.
24.51 - important support
If we cant hold it 24.51 as a bottom in the weekly chart, we will experience a sharp decline.
Targets are as follows,
20.52
18.56
16.27
14.63
12.77
11.54 being the strongest one and will be a good accumulation zone if price ever get there.
ETC is one the altcoins that pumped hard a year ago.
It is a high volume coin which investors can trade on any major platform.
Therefore investors can buy and hodl for the long term. But buy price important. Right now investors should wait before making any risky decisions.
Thanks.
Follow for more charts, ideas and global economy reviews.
Ethereum Classic | ETC Falling Wedge Indicating Potential For GrEthereum Classic ETC is looking really good on the daily timeframe.
Let's focus on the obvious: We have the classic falling wedge pattern, which eventually will be broken. Now I like the spot ETC is currently in. We have these two supporting trendlines, at which we could see some volume flowing back into ETC.
I'm short-term bearish as I expect ETC to dip below $30 and in a worst case scenario find support around $25-27.5.
Once the price breaks through the upside of the falling wedge, we can position ourselves to take a long trade towards > $40.
Let's see how this plays out.
Thanks for your support.
Have a good one.
Ethereum Classic (ETC) - April 28hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSDT 1D Chart)
Resistance: 36.26-47.10
As it fell below 36.26, it is showing a movement to enter the mid- to long-term investment area.
We need to see if we can find support in the 26.52-29.66 zone and move higher than 36.26.
The resistance section of 36.26-47.10 is the section that determines the trend.
Therefore, it is important to have support in the 36.26-47.10 section.
However, if there is movement within the uptrend channel formed by the mid- to long-term uptrend line, it is likely to move up.
It is recommended to proceed after confirming support at 36.26 or higher at the point where buying is possible.
------------------------------------------------------------ -----------------------------------------------------
** 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-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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 : Moving into a falling wedge BINANCE:ETCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
$ETC's moving into falling wedge and now it's getting supported by the local bullish order-block at $36.
The main movement's prediction is bullish; But as $BTC is getting the weekly close below $42000, It's better to have the possibilities for both side...
- Bullish Case; If we get the break-out above falling wedge, I'll locate my Long on a proper retest of higher order-block at $39, Then aim for $40.90 - $44.90 - $49.90
- Bearish Case; If we get the rejection below falling wedge, I'll locate my Short on a proper retest of mentioned order-block at $36, Then aim for $31's S/R zone/line.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Falling Wedge on ETCUSDTBased on technical factors ( Falling Wedge ) there is a long position in :
📊 ETCUSDT Ethereum Classic
🔵 Long Now 37.10
🧯 Stop loss 34.20
🏹 Target 1 45.30
🏹 Target 2 51.80
🏹 Target 3 62.30
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
ETCUSDT- Falling Wedge PatternETCUSDT- (4h Chart) Technical analysis
ETCUSDT- (4h Chart) Currently trading at $37.25
Buy level: Above $38
Stop loss: Below $34
Target 1: $39
Target 2: $43
Target 3: $48
Target 4: $52
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
ETHEREUM CLASSIC: SOON READY FOR A 100% MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETC/USDT TRADE setup. ETC looks good here.
Ethereum classic is moving inside a bull flag kind of pattern where the breakout is still pending. But looks like it's breaking out soon. After the breakout, I'm expecting a 100% pump in ETC. So buy some now and add more in dips.
Entry range:- $36.5-$37.5
Target1:- $44
Target2:- $51
Target3:- $62
Target4:- $74
SL:- $33
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
ETC/USDT HAS POTENTIAL TO PUMP 100%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this ETC/USDT update. ETC looks very promising here.
Long ETC/USDT
Entry range:- CMP and more up to $37.50
Target:- 100%
SL:- $35
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Analysis: ETC(Ethereum Classic) is at an Interesting Point Ethereum Classic performed a 2x move last month. After a while of a downtrend, ETC is now consolidating. What makes this coin "at an interesting point"? Let's look at the 4H chart and see what we have.
1. Recent RSI Bullish Divergence,
2. 0.618 Fib support
3. consolidation between 0.618 and 0.5 Fib
4. Falling wedge pattern(usually bullish)
While there are bullish signs, there are bearish signs, which are
1. 0.5 Fib resistance
2. Upper channel resistance
3. Price below 4h EMA 100
4. RSI 50.0 Resistance
Forecast
Price can either go to $30(0.786 Fib support) or beyond $50. It may go down if the falling wedge and 0.618 Fib breaks to the downside. It may go up once the upper channel, EMA100, and 0.5 Fib breaks to the upside. Will update this post as time passes.
As an extra here are things to watch out for
1. Upper Channel breakout
2. RSI crossing 50(or 70 for a strong move). 50 is an RSI resistance
3. 4h EMA100 breakout
4. Bitcoin(maybe Ethereum) Prices, may influence the prices of ETC
5. Wedge breakout either way(white transparent background)
6. 0.5 or 0.618 breakout(consolidation area)
Thanks for reading this post, stay tuned for my next analysis! Also, if you are willing to, please give feedback in the comments, thanks in advance.
ETC going 35 or below?Weekly timeframe looking bearish and shows hidden bearish divergence, would it reach 35 or even below?
===================
Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Ethereum Classic (ETC) - April 7Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETCUSDT 1W chart)
Primary resistance: around 68.79
Secondary resistance: 90.48-101.33
Support: 36.26-47.10
It is important to be supported in the section 36.26-47.10, so you need to check it.
(1D chart)
(buy)
- After confirming the support around 36.26
- After confirming the support around 47.10
(Stop Loss)
- When it drops from 29.66 and is resisted
- When it falls below 26.52
(Sell)
- When receiving resistance near 68.79
- When resistance is received in the section 90.48-101.33
However, if it rises above 57.55, a sharp movement is expected, so careful trading is required.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
---------------------------------
Ethereum Classic Potential BART - the next WAVES?Ethereum Classic / BTC 1D chart is showing a breakout in price, but with very low volume compared to April last year.
Price is currently quite high, and as you can see on the ETC/USDT 1 hour chart, buying volume has been falling and falling.
In the last few hours, we have seen selling increasing a lot.
You can also see the red volume falling underneath and retesting the Blue trendline on the Volume Oscillator, indicating a potential downwards move. What this basically means is that the buyers volume was rejected at a certain point and the sellers are taking control.
We also see a bearish Head & Shoulders pattern form on the 1 hour UNDERNEATH the Blue moving average price trendline, inside of a bear flag.
We could see a MASSIVE drop here - the chart is quite similar to WAVES - we are seeing distribution here at high levels after a low volume pump.
So why do I say BART?
Take a look on the 1 hour chart on the right. Look at the Volume oscillator. Do you see how price is rising but Volume is going lower? (See thick red resistance lines drawn.) This is bearish divergence in volume and detects MID TERM DISTRIBUTION.
Resistance is at 46.4 on Kucoin, or you can breakout trade. Good luck.