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.
Ethereumclassic
ETC/USDT 4h (Binance Fut) Descending channel break-outTA: Ethereum Classic is looking quite bullish on LTF after that parallel channel break-out and retest.
I'm still holding a long on ETC/BTC pair so let's scalp it in Futures too:
Current Price= 6.129
Buy Entry= 6.138 - 6.028
Take Profit= 6.357 | 6.464 | 6.615
Stop Loss= 5.799
Risk/Reward= 1:1 | 1:1.38 | 1:1.92
Expected Profit= +27.54% | +38.10% | +53.04%
Possible Loss= -27.54%
Fib. Retracement= 0.5 |0.618 | 0.786
Margin Leverage= 6x
Estimated Gain-time= 360h
ETCUSDT ANALYSISIf you have ETC, you may wait at the resistance line(7.2300) to sell it.
If you want to buy, you have 2 opportunities.
a) you wait that the candles go down at the support line(5.3220)
b) you wait the resistance line(7.2300) will turn the support line. And, also, take help from EngineeringRobo's signals.
Ethereum Classic (ETC) - July 22Hello?
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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** To check the indicators, share the chart and click "Show" to see all indicators as they were before.
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We need to see if we can rise above the short-term downtrend line (2).
In case of a downturn, we need to make sure we get support at the 5.889 key point.
You should also watch for support on the long-term uptrend line (1).
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** 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
Don't miss the great buy opportunity in ETCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (6.35). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETCUSD 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 52.
Take Profits:
TP1= @ 6.58
TP2= @ 6.80
TP3= @ 7.05
TP4= @ 7.30
TP5= @ 7.65
SL= Break below S2
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Don't miss the great buy opportunity in ETCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (6.35). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETCUSD 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 52.
Take Profits:
TP1= @ 6.58
TP2= @ 6.80
TP3= @ 7.05
TP4= @ 7.30
TP5= @ 7.65
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 ❤️
ETC/BTC strategyHello, traders.
ETC, we have an interesting situation happening with it, it broke its short-term downtrend but is now testing the key level as resistance (A key level is a place where the price was support and resistance many nos Last times)
The ideal would be for us to start an accumulation close to the resistance and as soon as we had the breakout we will be able to enter, we have a buying point in the resistance line to test as a pullback, above the key level we will be very bullish in the ETC
Push the like button and follow on tradingview.
Ethereum classic looking great for long termProbably we are in a 1-2 scenario where we will see an important wave 3 developing in the coming weeks. If we don't, based on this regular flat we should see a move to the upside to complete a double zigzag structure, in both cases we are bullish at least to the last high
Ethereum Classic (ETC) - July 6Hello?
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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We need to see if we are supported by the long-term uptrend line (1) and can rise above the 5.889 point.
If we can get support at the critical point of 5.889, I think there is a possibility that it will turn into an upward trend.
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** 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
ETC/BTC 1D (Binance) Descending channel & falling wedge breakoutFA: Ethereum Classic is a decentralized Proof Of Work coin and you can earn mining, but it will be a hybrid POW/POS (Proof Of Stake) system after ETH 2.0!
TA: ETC is on historic support, it should react with a bounce after that break-out confirmation of the wedge and go for mid-line channel at least.
Current Price= 0.0006671
Buy Entry= 0.0006606 - 0.0006263
Take Profit= 0.0007472 | 0.0008094 | 0.0009152
Stop Loss= 0.0005398
Risk/Reward= 1:1 | 1:1.6 | 1:2.62
Expected Profit=16.11% | 25.78% | 42.22%
Possible Loss= -16.11%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1440h
LONG - ETC - Trading OpportunityAfter slowly melting away for a couple of months FTX:ETCPERP seems to have formed a bottom, and now it is breaking upwards, kumo breakout on the 4h cloud and entering the cloud on the 6h chart, looking quite promising.
Entry: 5.9575
Target 1: 6.1735
Target 2: 6.44
SL: 5.8610
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ETC/USDT 8H (Binance Fut.) Pennant on support, back to channelTA: Ethereum Classic would probably retest the ascending parallel channel if pennant manage to hold and break up.
Current Price= 6.286
Buy Entry= 6.310 - 6.220
Take Profit= 6.591 | 6.969 | 7.237
Stop Loss= 5.939
Risk/Reward= 1:1 | 1:2.16 | 1:2.98
Expected Profit= 26.00% | 56.20% | 77.55%
Possible Loss= -26.00%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 360h
Ethereum Classic (ETC) - June 28Hello?
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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It fell from 5.889 and touched the long-term uptrend line (1).
We need to be supported by the uptrend line (1) and see if we can ascend.
If it falls, there is a possibility to touch the 4.250 point.
-------------------------------------------------- ----------------------
** 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: A resistance point or section where a response 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
Break the trend lineComo's high price - breaking the base line by the contour line up
Base line failure by price up
Base line failure by contour line up
Fibonacci correction in the region of 55 to 65%
Extensive Fibonacci in the 155 to 165 percent range
Upward RSI, downward price, moving average moving 50
The above has happened at different time frime