Ethereumclassic
BTCUSD Bybit Bitcoin Chart Analysis August 21th .
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 21th .
At the top is a 30-minute chart created yesterday.
After breaking through the red resistance line,
Finished sideways without much movement.
It is a daily chart.
Each major section is marked.
I created a trading strategy focusing on the above part.
This is a 30-minute chart.
This is a one-way long position strategy.
Pay attention to the green support line / red resistance line and the convergence section.
The green support line is the center.
According to the red movement path, it is a long position operation.
On condition that the final, red resistance line is not brokeaway
Short position /
On condition that the green support line does not BreakAway
Maintaining a long position.
When leaving, pay attention to the red finger.
Have a good weekend.
Thank you.
August 21th BTCUSD Bybit Bitcoin Chart Analysis
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 August 21th .
At the top is a 30-minute chart created yesterday.
After breaking through the red resistance line,
Finished sideways without much movement.
It is a daily chart.
Each major section is marked.
I created a trading strategy focusing on the above part.
This is a 30-minute chart.
This is a one-way long position strategy.
Pay attention to the green support line / red resistance line and the convergence section.
The green support line is the center.
According to the red movement path, it is a long position operation.
On condition that the final, red resistance line is not brokeaway
Short position /
On condition that the green support line does not BreakAway
Maintaining a long position.
When leaving, pay attention to the red finger.
Have a good weekend.
Thank you.
Ethereum Classic (ETC) - August 19Hello?
Dear traders, nice to meet you.
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There is a big bad news for ETC, so I think careful trading is necessary.
New investments are not recommended.
I think it is necessary to trade to preserve profit and loss as much as possible.
We have to see if we can climb above the critical section of 8.3.
You need to make sure you can get support at the 7.008 point.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
ETC/BTC: The Calm Before The StormAS ETC continues its multi-year down trend, I am seeing signs of investors longing the bottom (notice the ever-increasing ADL... which I assume are buyers since we are at such depressed prices). Also, notice the increase in volume. The circled fractals appear similar and preceded the prior 2019 ETC price pump. The HV indicates VOL is contracting since the beginning of 2020. The contraction period prior to the 2019 pump was approximately 250 days; we are currently on day 203.
This is my style of investing because of the extreme asymmetric risk. whichever way the price move is, guaranteed to be explosive for such a long contraction period.
THIS IS NOT FINANCIAL ADVISE. CRYPTO IS HIGHLY VOLATILE.
ETCUSD: Example of Buy TradeHere is an example of a long trade, which is based on a breakout above the local downtrend and SMA100. It is a trade in the direction of the main trend.
Buy above 7.10USD
Stop below 6.70USD
Profit Target at 8.00USD and 10.00USD.
Risk per trade can be no more than 5% of the capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Ethereum / Dollar may rise 1638 - 2182 pipsOur pivot point stands at 427.29.
Our preference
The upside prevails as long as 427.29 is support.
Alternative scenario
The downside breakout of 427.29 would call for 418.26 and 412.89.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 426.37 and 418.24). Finally, the Ethereum / Dollar has crossed above its upper Bollinger band (433.55).
Supports and resistances
467.20 **
461.76 *
456.31 **
450.87
434.49 last
430.84
427.29 **
418.26 *
412.89 **
Ethereum Classic (ETC) - August 12Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We'll see if it can rise above the 7.008 point.
If you're supported at 7.240, chances are you'll touch near 8.3.
If it falls, we need to make sure we get support at 6.264-6.442.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Ethereum Classic: Buying Opportunities from the Main Trend LineWhat do you think about Ethereum Classic? From my point of view, it is not so interesting as Ethereum, but for swing trading, it can be used as a part of the trading portfolio.
The price reached the resistance zone formed by 7.50USD and 8.00USD levels. It is possible to use a breakout above this resistance zone, but I think a pullback with the further reversal from the main uptrend line, it will be a better trade.
Stop orders for long trades should be placed below the main uptrend line. The profit targets can be 10.00USD and 13.00USD resistance levels. Risk per trade should be no more than 2-3% from the trading capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Ethereum Classic (ETC/USDT) New Cycle Beginning.Hello Viewers.
The well fundamentals-asset charted is testing the resistance level for the third, its more likely to break it this time and the above marked Levels have been found through Fib-Extensions levels as Potential Targets.
It may retest the support level marked in black as Horizontal Ray, after that it can again clearly get through the resistance level.
If we see a support resistance flip it may be a good entry point.
ETC - STUCK IN SIDEWAYS TRADINGEthereum Classic (ETC) is currently stuck in a sideways trading period.
However this could change should ETC manage to continue its recent upwards momentum. A breakout from $7.4 USD is needed for ETC to break away from this channel.
ETC currently has bullish momentum:
- Heikin Ashi - GREEN - BULLISH
- MACD - POSITIVE CROSSOVER - BULLISH
- Descending triangle formation - BULLISH BREAKOUT
- RSI - High value - high interest - BULLISH
- Bollinger Bands - Upper region of bands - positive movement after BB contraction - BULLISH
ETC is looking handy at the moment, however if $7.4 USD is not broken then ETC will continue to trade sideways (with a likely move down to the support level shown)
this is NOT financial or investment advice
Ethereum Classic (ETC) - July 29Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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** This is the status of “Hide” the MRHAB-MY1 indicator, an indicator provided by our channel.
** To check the indicators, share the chart and click "Show" to see all indicators as they were before.
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You need to make sure you can get support at point 7.008.
If you are supported by rising above the uptrend line (3) and above 7.685, you are likely to rise above 8.3.
-------------------------------------------------- -------------------------------------------
** Check 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 profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
LARGO - ETC - Oportunidad de CompraEl FTX:ETCPERP ha sido una de esas monedas que ha reaccionado de manera muy positiva a la alza repentina del BTC, consiguiendo por fin romper la gran resistencia del MA200 en la gráfica diaria. Es una moneda que ha estado durmiendo por mucho tiempo, y ahora que el ETH y el BTC se estan reanimando sin duda el ETC puede lograr tambien.
Entrada: 7.2085
Objetivo 1: 8.2315
Objetivo 2: 9.4580
SL: 6.8380
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ETC/USD Triangle. Pivot points. Past idea + 240%A symmetrical triangle is formed. The base of the triangle is over 200%. The price is shrinking. I marked the observation area. Target levels are similarly shown on the chart.
A local upward trend is developing. The secondary and main trend are downtrends.
If the triangle is broken down, a double bottom will form.
I marked the zones of price levels. Remember the support / resistance level is the area near the center of the line, not the line itself!
Now there is no entry point, but only a situation for observation.
Enter on a breakout or pullback after a breakout of support / resistance.
The tool allows you to work on the market both long and short.
Past trading ideas for this coin. ETC / USD Profit from entry point to maximum + 240%
ETC / USD Pivot Points. Wedge. Potential + 150% Dec 8, 2019
+ 150% exactly in the designated first target and observation area.
Next trading idea. An uptrend is developing.
ETC / USD A symmetrical triangle is forming. Past idea + 195% Jan 26 2020
Target taken. The triangle is broken upwards. Total profit from this trend + 240%
I wish all traders a big profit in trading. Train your brain and morality.