ETHEREUM: bulls forwardTechnical analysis of Etherum
As part of the steep rally from the central support zone at USD 1,700 / USD 1,730, Ethereum (ETHUSD) was able to overcome the several-week downtrend line and then the horizontal resistance zone at USD 2,410. This means that the price targets we had set in the event that the USD 2,050 mark was exceeded have not only been achieved, but have already been exceeded. The sustained overcoming of USD 2,410 led to a further brightening of the technical starting position. The price is currently in a relevant resistance zone in consolidation mode below the last marked 8-week high at USD 2,699.
In consolidation mode
In view of the overbought technical market indicators, the breather could extend in terms of time and price. Below the previous consolidation lows of $ 2,507, we would consider at least a test of the $ 2,410-2,464 zone likely. Below that, there would be short-term downside risks towards USD 2,317 and USD 2,108-2,151. Only below the latter support region would our preferred scenario of further rising prices be called into question. It would ultimately be negated with a slide below USD 1,997.
Where is the journey going?
The central resistance zone at USD 2,847-3,000 is currently acting as a possible target price on the upside. Pricing confirmations for an advance on this hurdle would be in a rise over the next barriers at USD 2,641, USD 2,666 and USD 2,699. From an opportunity-risk perspective, however, we prefer new investments into price weaknesses.
Note:
Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
Ethereumclassic
Ethereum- small triangle for continuationAlthough I think the rise from 1700 is just a correction to the overall bear trend, short-term speculators can find a good buy opportunity now, with EthUsd forming a continuation triangle.
2800 and above is strong resistance and only price under 2500 would negate this scenario
Ethereum Classic (ETC) - August 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart)
If the price maintains above the 16.722-25.179 range, we expect the uptrend to continue.
In particular, if the price is maintained above the 42.100-47.296 section, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 47.947-69.480 range, it is expected to turn into an uptrend and rise.
If it goes down from the 37.180-47.947 range, you can touch the 16.722 point, so you need to trade cautiously.
-------------------------------------
(ETCBTC 1W chart)
If the price holds above the 0.00097 point, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 0.0013736 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 0.0012739-0.0016415, it is expected to turn into an uptrend.
If the decline from the 0.0012739 point, you can touch the 0.0007226-0.0009064 range, so you need to be careful with your trades.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
💥ETC LIKELY MOVE - FALL TO $35, THEN LONG TO $60, $80Please support this idea with a LIKE👍 if you find it useful🥳
We have Etherum classic in a descending triangle. A breakout from this triangle could confirm a good buy to the neckline at $60 before $80.
We also have a possible double bottom pattern in play. For this pattern to work out well, I expect a fall to $30 - $36 before a long position to $60 and $80
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
ETCUSD Watch these bullish signalsEthereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making.
I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of the 1D MA200 (orange trend-line) which has been holding as a Support since January 04. Also both the LMACD and the Ichimoku are on a Bullish Cross (the Ichi has just done so). This has some similarities with the February - March accumulation phase which also was made within a Channel Up.
In my opinion as long as the 1D MA200 is holding here, we may start seeing a sustainable rally on ETCUSD.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> RyodaBrainless
--------------------------------------------------------------------------------------------------------
ETH Confirming New $2,200 support levelIn the second financial quarter of 2021, the Ethereum network settled over $2.50 trillion in transactions, Although development and interest in the Ethereum platform have only increased in Q2, ETH’s price has not reflected that growth as we sit down over 50% from highs. There is a Ethereum EIP-1559 Upgrade Slated for Aug 4 Deployment, the proposal would dynamically burn fees which would also have an effect on the ETH supply. This should eventually reduce issuance over time when proof-of-stake gets underway. In translation this would cut supply of ETH which could have significant effects on ETH price. We also just broke through a crucial level of support around $2,400 I think we hold this level and trade up to around 2,900 in the short term. Long term I believe ETH.X moves much higher, as its the most functionally useful crypto given DEFI, NFTs and 2/3 of stable coins run on the ETH blockchain. I'm Long!
ETC Bullish AREA Ready!, Breakout! min tp 95$
middle tp 109$
middle tp 118$
max tp 139$
You can sell without reaching the position points. don't wait.
Stop-loss= 38$ |-12$ stop loss| %24
Do not worry. you will see. Nothing stays free.
If you enter 10%-20%, we will enter 50%. 20% if it drops again.
Don't be greedy, be patient, this coin will fly.
We haven't even seen the effect of the updates yet.
Keep your spare money in case it drops.
$32 is the minimum level. It corresponds to btc 28800.
$40 is the level of $31,000.
Fearful people should not invest. I will buy TP for 109$, they can buy from there.
Cheap can't be cheaper.
I'm rebuy.
It is not investment advice.
make your own investment decision.
We will continue with those who are not afraid.
ETC- Ethereum Classic Possible increase to 60 usd + 30% + inc..Hello trading friends,
ETC shows a possible day trend breakout for the coming time - if this target plays out we could see a 30% increase trend on ETC.
With the trend, it can still break down - but the whale interest on the level increase is still possible, as this coin can get a choice out since whales have some effects to choose a coin. ETC is not only interesting.. but it have also the TA to increase.
Targets
TP 1 56 usd +
TP 2 60 USD + this could be a 30% + increase
As always manage your risk always, and don't enter any coin with no SL.
Have a great time.
we will follow coming time this coin and update the targets as we do always.
Follow like for more. thank you
Your ETC Trading Is Like Tapping Into A Gold Mine!Dear traders:
Ethereum Classic (ETC) is a newer (network) version (or a hard fork) of Ethereum (ETH) that launched in July 2016.
Save Little By Little.
Technical analysis section:
Based on breakout and DMI, seems ready to jump! Now, ETC is on my watchlist.
Bitcoin prediction:
(My long-term) Bitcoin analysis is attached.
ETHEREUM: Another bounce from key supportTechnical analysis of Ethereum (ETHUSD) - view in H4-chart
After the small double floor, which had brought the listing up to the target area we were aiming for, Ethereum turned south again, starting from the rally high at USD 2,410. The breach of the support zone at USD 2,018 / 2,050 sent a bearish signal and made it probable that the medium-term critical accumulation zone at USD 1,700 / 1,730 would be tested again in the near future. With the low at USD 1,717, this target was also worked off on Tuesday.
Resistance ahead
Since then, there has been a lively recovery trend. The price recently penetrated the short-term significant resistance region, which extends to USD 2,050. It remains to be seen whether a sustainable breakthrough will be achieved. If successful, we believe that further price gains towards the next short-term trigger level at USD 2,193 would be likely. Overcoming it would ultimately speak in favor of a renewed push towards the more important hurdle at USD 2,410.
Critical only below USD 1,820
A pronounced consolidation of the latest price surge or a more pronounced rebound from the current hurdle would not come as a surprise. An immediate clouding of the very short-term chart image would only occur if the coin slipped below the USD 1,820 mark. Then we would favor another serious test of the $ 1,700-1,730 central support area. In this case, we consider the risk of a bearish breakthrough and thus a continuation of the overall downward trend from the record high to be high. In terms of formation, such a development in the medium-term time window would be seen as the dissolution of a falling triangle.
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
Ethereum Classic Will Back. 109$ is valid. Ethereum Classic Should See Big Gains From the Magneto Upgrade
Magneto ,Magneto , Magneto Update. Update. Update.
100/100 Re Buyed.
1000/1000
We set aside support money for Re buy. If it falls, we will enjoy it.
I'm telling you clearly. we will not sell. I think even keep collecting $1000.
New Bitcoin = Ethereum Classic.
New Ethereum = Ethereum Classic.
We see the future.
We believe so much that we want to buy with all our assets.
Etc/Usd
Etc/Eur
Etc/Usdt
Etc/Bnb
Etc/Btc
Etc/Eth
Ethereum Classic + USA + CoinbaseWe have waited enough. It's Time. Hedge Fund Manager.
We don't sell.
We Enjoy Collecting.
We want it all. We made an agreement with the necessary mining companies. We supply cheap. But it's not enough.
I'm thinking of buying a new yacht.
Let's go for $1
we will take them all.
we trust technology.
we believe in smart contracts.
we want to move to united states.