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Ethereumclassic

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
COINBASE:ETHUSDLong
by Trading-Guru
19
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.
by Yuriy_Bishko
1
💡 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 ❤️
Long
by ForecastCity
19
💡 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 ❤️
Long
by ForecastCity
19
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.
BINANCE:ETCUSD
by Tradingstrategyguides
✳️Ethereum Classic/USDT (6/11) #ETC $ETC #ETCUSDTETC is in good buying force and has also broken out but still needs to close the 1D candle above the 5.5-5.6$ zone to confirm the uptrend and ETC will easily bounce back to the 7$ or even 9$ zone in this bull run 📈BUY- LONG Strategy - Buy close to 5-5.1$, stoploss if B - Buy close to 5.5-5.6$ if A, stoploss if B 📉SELL-SHORT Strategy - Sell close to 5.5-5.6$ if B, stoploss if A - Sell close to 6.9-7$ if B, stoploss if A - Sell close to 9-9.5$ if B, stoploss if A ♻️BACK-UP Plan - Sell close to 5-5.1$ if B, stoploss if A ❓Details: Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
Long
by CryptoStation
1
ETC "bearish flag" and exit down to $4.ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world. Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years) Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks) For our part, we can say that the historical high $47 for ETC cannot be achieved. It looks like the ETC price has been trading under the bearish flag for the last two months. It is unknown how the altcoins will react when Bitcoin starts correction or fall. The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6 . And the fall may start from the current indicators. The result in all cases will be the same - the level $4 will strongly attract to itself. ________________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
1
BTCUSD Bybit Chart Analysis October 6th Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 6th . This is a 30 minute chart created yesterday. From the left, blue finger section, It broke through the green resistance line upward. It was an upward-right sideway move. It flowed similarly to the NASDAQ movement. Today Day chart. This is the main section of the day. This week, I will summarize the overall movement. There are resistance lines 1 and 2. Last week, due to a concomitant decline with the NASDAQ, Currently, it is a danger zone. Short-term resistance line #1 Up to the 2nd mid-term resistance line Completely break through, It becomes a safety zone, Before breaking through section 1 and 2, Each , Strong adjustment may occur. For this part, I brought a trading strategy. This is today's trading strategy. It's a 30-minute chart. Today is a new version tried it. Dear Investors, I hope it helps. If you have anything need, let us know in the comments. First, I deleted the complicated, moving path. In the daily movement, It has been summarized as briefly as possible. * Convergence section of red resistance line and green support line. *Orange center line check. To rise strongly, can't touch. *In the yellow box, First break through No 1 or Touch No 2 , in case of departure Please refer to the blue and red paths respectively. * Top and bottom, long position, short position The trailing stop section has been set. (In both directions, if this section cannot be reached, it is sideways move Finish) *At the bottom of the first, check the weekend gap. The spot exchange, In case of blue movement path, major altcoin / bitcoin related coin. In the red path, At the bottom, in the red finger section Other altcoins. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide