Ethereumclassic
ETCUSD (Waiting for the resistance zone break out in a day char)#ETCUSDT(Weekly chart) Technical Analysis Update
Waiting for the resistance zone break out in a day chart
ETC/USDT currently trading at $7.66
Long Entry: Above $8.00
STOP LOSS: I will update once I see the breakout
Resistance level 1 (Target 1):$9.84
Resistance level 1 (Target 2): $12.90
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Ethereum- towards 800 before a deep correction?Just after Christmas high, Ethereum has entered a consolidation stage between 700 and 750. Now the cryptocurrency looks ready for a new leg up towards 800 and with a BTC just under 30k a new wave of crypto-optimism is very probable. Dips should be bought and only a decisive drop under 700 would chance my bullish outlook.
ETHUSDT, short after big solds above 728.Hi friends. Lets look at ETHUSDT chart window. Modified "Earned" script show big sells above 728. I mean that exchange sell crypto for fiat to traders that want long. So exchange want getting this fiat to buy from lower price. They test 704 and now people really think we can go upper but i dont think so. Much better will be purchase from 670-680. So my opinion strong short to 670 - 680 in near time. Follow me.
ETHUSDT, New year - new advices.Hi Friends. This year was difficult in many aspects of our life. It was difficult for our past system and show how world can been different and new. Of course all this situation bring new life in crypto currency. Money cant sleep, they always wanted new targets. I think our crypto adventure in New Year will be much more interesting and productive. Happy New Year! And good holidays. 🎉🍾💸💰📈
Ethereum Classic ($ETC) Set To Rocket In /BTC & /USD PriceEthereum Classic ($ETC) Set To Rocket In /BTC & /USD Price
We have Added 2,000+ ETC thus far & may Acquire Many More...
Extreme Bullish Divergence is on the RSI on the /BTC price at the moment!
Our Expectation are to witness a move to New All-Time Highs in 2021-2024.
You can find Ethereum Classic ($ETC) on Coinbase / Robinhood / nearly all #Crypto exchanges.
Best Regards, Miguel / CCA
Grayscale ETCThese are my thoughts on BTC . They are meant to give you an idea, not trading advice.
Some time ago I posted the ETHE chart, and it exploded. I'm kinda starting to think ETC could be next. It's been sitting quiet for a very long time. People lose their interest, and then suddenly it takes off without a warning.
Those who follow this chart can see the warning. It want's too pump.
My guess is this will keep moving between the MA's and use them to climb up to eventually get above the white MA (like ETHE did), which is starting to curl upwards. This could indicate a bottom.
It can take a couple of weeks, but I have a target on this sitting around 30$.
Good luck.
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
ETC 1D There is interest in the coin, but for how long?From September to mid-November - 2.5 months, the accumulation of Classic continued.
As a result , a powerful shot upwards by +60% at decent volumes.
However, the previous high could not be updated, although the global target, where sellers should drive the price, is in the range of $9.70-10.
Now a few scenarios for the coming days-weeks:
1) ETS fixes above $6.40 - the result is: continued growth to the zone $7.40-7.80 , where sellers should become more active.
- if sellers cannot protect the last bastion $7.40-7.80 from the invasion of buyers, then the price will be broken up to the zone of $9.70-10.
2) the most pessimistic forecast is that if buyers do not have enough strength even to fix above $6.40, then the price may fall like a stone downward. The level $3.50 is waiting.
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Ethereum - Don't Enter A LONG Before You Read ThisIn this technical analysis I will describe how we can use TA to decide on a trade set-up on Ethereum. I will go over some of the main zones and show how you can enter.
I tried to make the chart as self explanatory as possible, but here is a quick summary.
First of all it's really fascinating to look at the to resistance zone. Ethereum hasn't traded near the $600 level in years. Now we can see that even after 2.5 years the horizontal resistance level from June 2018 still held value!! The price bounced EXACTLY at that level. This is just pure magic if you ask me and shows the power of TA. Horizontal zones can have high predictive power.
The question now on ETH/USD is how to enter. We see that the price already has seen an increase of 12 percent from the most recent support zone. Also, we can see that there is still another 11 percent left before it reaches the long term horizontal resistance.
I believe that the risk reward is not very interesting right now to enter a trade if you weren't in already. I suggest to trade according either of the following two options.
First of all you can wait for the price to reach the long term resistance zone and bet on a reversal. You can enter with a short at around $610 and take profit at around $500 again.
The second option is to wait for a bit of a retracement to at least the $520 region and only then enter with your long position so you still have the possibility to enjoy the entire ride up while limiting your downside potential.
- Trading-Guru
ETCUSDT - Fast onccoming speed.Price sharply oncoming to the level without range and kickbacks. A good signal in the price movement will be:
1. The closing price of the next day's candle is higher than the High of the previous day"s candle.
2. Candles have short shadows.
3. The price moves inside the channel, quickly overcoming the distance from High to Low of the channel.
4. The price has left the channel and is moving towards a strong level.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
💡 Don't miss the great buy opportunity in Ethereum ClassicTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (5.3840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic/TetherUS (ETCUSDT) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 6.3305
TP2= @ 7.1355
TP3= @ 8.2862
TP4= @ 9.4452
TP5= @ 11.1115
TP6= @ 13.2185
SL= Break below S2
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Now, It's your turn !
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💡 Don't miss the great buy opportunity in Ethereum ClassicTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (5.3840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic/TetherUS (ETCUSDT) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 6.3305
TP2= @ 7.1355
TP3= @ 8.2862
TP4= @ 9.4452
TP5= @ 11.1115
TP6= @ 13.2185
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETCUSD 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.