ETCUSDT
ETC Explodes To ATH But Weakness is Showing-ETC rises over 400% in one week
-ETH price rise sparked an insane bull rally for ETC
-Major support holding price is $110
Ethereum Classic has finally awoken from a 3 year slumber rising to a high of $180. The sudden price rise has thrown Ethereum investors through a loop as price nearly rose 2000% since the start of 2021. This price rally may be coming to an end as the ATH daily candle closed with a large bearish wick.
After such a large parabolic move on the ETC chart, many new support and resistances were formed. For now, the important zone to watch on ETC is $130. This area is the last major resistance on the daily chart. If ETC manages to break and hold this mark, it may be in for a try at ATH.
Major support on ETC stands around $110. If the price fails to hold this mark, ETC will be in for a fall to minor support of $96 and then $79 if it fails to hold. The price has been held up by the 5 MA since the end of April. Once price candles break below this MA on the daily chart, it will trigger a selloff. This is a soon probable scenario.
While looking at the RSI, we can conclude the strength has been overbought for nearly 10 days. This is not healthy and indicates price need to cool off very soon. The stochastic RSI tells a similar tale as the strength has already started dropping off its highs.
ETC intraday levels
Spot rate: $125
Trend: Bullish
Volatility: High
Support: $109
Resistance: $130
Just a thought on ClassicLong term hodler from back in 2016.
The functional value of ETC is nothing compared to ETH, BUT this coin has another purpose similar to Bitcoin.
It should remain as a store of value asset, the transaction fees are low and the code is law, therefore this coin will be POW forever.
What makes it even more interesting to hold for long term is that like BTC, ETC has a limited supply. It tanked countless of bad rep and 51% attacks in the past but ETC won't bulge.
Long term thoughts on ETC: 1000+.
Consider not buying into the highs as I was shocked to see people gladly putting 6 figures into the top range of the ATH.
We might even break below 88-100 area since this coin need to catch a breather and could test 50-70 range since that is a major support.
Consider this not financial advice, I usually don't trade my holdings but since my precious ETC finally got some actions (way too much if you ask me). I was forced to sell and look for a re-entry around the 100-110 range.
Also I would like to point out that ETC usually makes a move before something major happens, of course past actions don't indicate future results. but be prepared for anything! Even on long term holds it is wise to set a SL to then rebuy cheaper!
-ETC IS GOLD-
HAPPY DAYS AND THE BEST TO YOU ALL!
Let me know in the comments what your thoughts are! :)
ETCUSDT looks healthy. Let's do pyramid profiting What is pyramid profiting ?
When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our position size with each wave of that trend.
I see a chance to pyramid profit on ETCUSDT on 1H chart.
If you see, ETC has shown good upward movement recently and achieved an ATH at $179, after which it declined a bit and seems to make another run upwards.
Opportunities like these, are good for pyramid profiting, when there is a chance of a strong continued trend.
Money Flow Index looks to move up, and if good volume emerges it could see another leg up breaking psychological level of $200 and beyond.
Traders can open a long position, or buy with some percentage of their portfolios, and add to their positions when it reaches defined targets. SL can be used accordingly. Always do your own research.
For more ideas like these follow us. Visit Tuned to create strategies with pyramid profiting.
Happy Trading
ETC FIRST FIBONACCI +282$We are buyer, No problem. Our team is solid.
We will fight fire with fire.
THE BEARISH FISHES CALLED TO ETC. NOW THEY HAVE TO BACK THEIR SELL.
It worked for us again, how did the price decrease but the transaction volume increased.
The transaction volume determines the value of a product in this market. went just below btc.
Is it beyond normal ethereum in transaction volume?
It is definitely not investment advice. We won't sell it, even if it's $ 1 tomorrow.
Those who are afraid get out of here. We did not sell anything we did not make a profit.
we do not sell. We were never afraid of those little Whales. we are not afraid.
I'm telling you from the beginning. It is definitely not investment advice.
If necessary, let those who are willing to wait for 10 years.
I won't sell it until $ 1000 has arrived. They did the same in Btc, Ethereum in Bnb, Xrp, Xlm.
These short attacks are the act of frightening people and taking their money by shaking.
I Buy to Keep Price at All Levels.
Because if he does not react, there will be a Very Quick fall.
I am willing to wait 20 years in Etc. I will wait 30 years. My child will inherit it if necessary.
Think about $ 1000, I have a lot of lots.
And I buy Btc, Tether, by short falling Dollars, Euros.
I even exist in exchanges such as Gold, Silver, Copper, Palladium, Forex, Small Fund management, Exchanges, Dow, Nasdaq, FTSE, SP500, Dax and Nikkei, Shangai.
We don't seem to know that they quickly increase or decrease the price. There will be many people tomorrow who will regret not taking these Days.
We have been in the crypto market since 2013.
The fall in price has always come to my business. It's a separate topic :)
ETC IS NOT SHIT COIN.
SHİT COINS = PUMP COINS.
DOGE,CHZ,HOT,BTT,TRX,REV,VET,TEL
Best Safe Coin
BTC,ETH,BCH,LTC,ETC,NEO
ETC LEVELS FIRST HALF 1/1 - 1/2(after) (Speacial Software)
10.755 225.855 451.71
10.755 236.61 462.465
21.51 247.365 473.22
32.265 258.12 483.975
43.02 268.875 494.73
53.775 279.63 505.485
64.53 290.385 516.24
75.285 301.14 526.995
86.04 311.895 537.75
96.795 322.65 548.505
107.55 333.405 559.26
118.305 344.16 570.015
129.06 354.915 580.77
139.815 365.67 591.525
150.57 376.425 602.28
161.325 387.18 613.035
172.08 397.935 623.79
182.835 408.69 634.545
193.59 419.445 645.3
204.345 430.2 656.055
215.1 440.955 666.81
Ethereum classic ETC is forming a bullish falling wedge!Hello Traders,
Here is a brand new update on Ethereum Classic ETC on the 30 minute chart.
ETC is currently correcting on the huge rise of the past few days. It went too fast and too high and a correction inevitably follows.
However, that correction is perfectly normal and healthy for a further rise in ETC with the all time high as the first target.
We now have a new pattern and that is a Bullish Falling Wedge. I expect a pullback to 103 - 97 in this possible scenario.
A breakout upwards from this falling wedge will normally show a re-test up to the upper trend line of the falling wedge.
Then you place the stop at the previous low and we are likely to get another ride up.
This is a hypothesis as it might go. patterns might fail. should that be the case and ETC drops further then we will have to assess at that moment what the structure looks like.
Please also check out my other post about Bitcoin because it has a very important influence on the ALT coins.
This is my personal view on Ethereum classic and not investment advice. Always do your own research before trading and apply stops and money management for reducing risk and maximize profits in the long run!
ETC ANALYSIS 🤔👓🤔👓Hi dear treaders, ETC fluctuates within the ascending triangle. If the upper side of the upper triangle fails correctly, the pattern is confirmed. The main resistance is 180$. In case of failure, the targets of 200$ and 250$ are ahead. In case of return, the price reaches the first support area. The RSI is bullish and the price is moving above the MA20.
If you like my idea please click the * 👍 * button and comment your idea.
Good luck.
ETC 1000$ LEVEL UPPED- RANK 13 - %3700Definitely read my Old articles.
Do Not Buy and Sell in a Rush.
Those who do not know how to trade can lose or lose what they hold.
The door is open to anyone who wants to go out in the snow.
I do not make the decision to buy or sell. The money is in your gain / loss.
it is not investment advice. Be careful when adding over $ 100-120.
Do not be afraid of high people. But if you get scared and sell it. they win.
If you have cash, add it as 1/10 of what you have.
because it rose fast. Fast rising, fast falling.
Nothing has changed in the slightest in their decisions from yesterday to today. I am saying clearly.
We haven't been selling it proudly since $ 10-15.
Coinmarketcap 23 to 13
coingecko /en/coins/ethereum-classic
Volume 1. Tether, 2. Btc, 3, Eth, 4. Etc, 5. Doge.
No other words are needed.
They started to put money in and out, knowing to be careful with your new purchases.
So the bear whales came.
Everything is getting better.
Get out anyone who is afraid of hurting Our Front is ready.
You will see over $ 400 the moment we win the war.
The Shorthands who should be afraid must take back their goods from the market. If you do not sell, they remain like goods.
For the transaction volume, it must decrease, increase, or fluctuate, I bought up to $ 100.
now those who understand me understand. I think. My Million-Dollar Purchase Limits at 100-120 Dollars have been entered.
// Binance. I'm waiting for the whales. We don't like that they raise the price Fast and rob people.
But they don't need to be afraid, we are here. It will be 1 etc = $ 1000. Their Tactics do not work on Us.
If they burn Etc. I'm telling On. Enter who can enter short in Etc. If we don't respond with 2-3 times.
If we don't do any harm. If we do not make it liquid and damage it, then tell me.
I say to everyone who goes into the dog,
you have a bomb on your hand.
I say it's about to explode.
We will wait a little longer.
I shared the First Half of Premium Levels (artificial intelligence) in my previous article. For those who want to trade
ETC +700% since our signal ... what to do now?as we mentioned and most of people didn't believe us and said that wont happen or piece of shit or will take many years ... thank u all
all targets reached based on our signal which is in the related ideas section below this article
it just needed one month to make +700% profits congrats to whom follow us 🤑
but for now,,,
resistance in $180 area is so clear, if it breaks we should be going a heck of a lot higher than that.
we can say that what go high quickly go low more quicker, however till now we don't have a weakness signal especially that BTC.D is still bleeding n this so great for Altcoins such ETC, EOS n others.
we can get strong correction right now may reach 50% down or when BTC.D reach 40% cuz it is crucial support level n maybe the altcoins reverse strongly at that level
so we can advice u to book profits n sell 90% from what u have n risk with 10% only and remember important thing please guys
DONT GET FOMO !!!
in bull run of 2017 people get reckt in that same scenario, nothing called hold till the end or forever, holding forever will make others take your money legally within the trading rules
belive or not ... ETC gonna make +500% profits 🚀 🚀right now as we can see ETC confirmed a first breakout for the last resistance it bounced from , we can see a daily candle will be closing above it.
however let us take a look on the situation from a longer time, we can realize that ETC is not a garbage coin as we all thought it was just consolidating for a huge movement in 2021 !
as per the chart the main resistances hasn't been broken yet since the bullish cycle started which indicates for amazing potential will be coming out , ETC will be exploding remember my words
MIDTERM SIGNAL TRADE
✅ Buy: 16.70 - 18.30 ✅
🎯TARGETS:
1- $22.25
2- $36.00 (WILL BE REACHED IN APRIL 2021) - take profit for small portion maybe 15% - 20%
3- $61.57 (take profit for 40% - 45%)
4- $106.0 (take profit for 30% - 35%)
5- $122.1 ( preferable not to wait, small possibility to reach there before 2022 )
💵 Trade Size: 7% - 10% of Portfolio
🚫Invalidation(SL): daily candle close below $10
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