ETC - Big pump potentialETCBTC looks extremely interesting. If you look at the chart you can see that now the ETC is located near the important 'decision zone'. Based on historical data, in this area the price either powerfully pulled up or began to slowly fall.
I'm long (spot) and bet on the upside, R:R here is more favorable for longs + after May 15th it slowly climbs.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Ethereumclassic
Ethereum Classic (ETC) - May 21Hello?
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We need to make sure we can get support from the uptrend line (2).
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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: A 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
Ethereum Classic (ETC) - May 17Hello?
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You need to make sure you can get support above 50 EMA on the 1W chart.
You should also see if you can climb above the 7.008 point.
I think it is in a good position to climb.
However, depending on the market situation, I think that you should always trade according to the market situation, as it may fall without saving opportunities.
If you fall below the 5.889 point, which is the most important point in the vicinity of Low, you can say that you don't know how much it will actually fall.
The 5.889 point is a very important point, so it must be absolutely supported.
If you get a good chance and get support at point 7.008, you're likely to touch near point 10.380.
------------------------------------------------
** 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 countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Not an attractive trade on ETCHello Traders.
ETC/BTC doesn't have a RISK REWARD attractive trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us, we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For ETC our stop now have to be below today's candle about 7%, and we have a very strong resistance up ahead about 8%, so we are risking the same as we wanna gain, so we have to look better opportunities.
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$ETC Wait for Entry
this move is still being broken down, wait for re-entry
also notice how fast the coin is being bought back up in the accumulation zone of $5.5663
That right there really makes me think that we're bullish if the price is being bought up that fast
if the price was still falling it'd go lower than that $5.5 level and keep going lower and the body of the candle would be lower than that
This being said though be patient on your entry, wait for it and don't rush. this could all still fall down on a higher timeframe
1st target easy loot target would be $6.3 resistance level
2nd target at our distribution zone at $7.6
Ethereum Classic (ETC) - May 12Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
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We need to make sure we can get support at point 5.889.
In order to switch to an upward trend, you need to gain support by rising above the 7.008 point.
If it falls below the 5.889 point, there is a possibility of touching the section 4.487 ~ 4.728.
It fell below 50 EMA.
I think it's good to take a break and check the situation.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A 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
BTCUSD Pumping up!!! Bull Rush this Friday MorningThere's a Bullish sensation on COINBASE:BTCUSD I believe the value will climb up little more to attend 10K USD per BTC today.
Kraken.com Exchanger XBT-USD
www.evernote.com
TRADINGVIEW CHART
Please what's your point? or do you agree for a 10k and above within this 24 hours?
Ethereum Classic (ETC) - May 8Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 5 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
You must get support at point 7.008.
In addition, the short-term uptrend line (2) must be supported.
We need to make sure we can touch the 8.3 point by climbing above 7.685.
If it falls, I think it is likely to fall below the long-term uptrend line (1).
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
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
Ethereum Classic (ETC) - May 3Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 10 days left.
It is expected that the upcoming week will flow to decorate the finale of Bitcoin Halving.
I think it is one of the coins that showed the flow that left much regret.
It fell after failing to cross the 12.0 ~ 13.0 section.
If you fall below the long-term uptrend line (1), there appears to be a possibility to touch below 2.443.
Accordingly, I think it is necessary to use careful judgment when falling.
Below 5.889, I think it is a mid- to long-term investment area.
We need to make sure we can climb above the 8.3 point.
If it rises above the 8.3 point, I think it is necessary to use careful judgment to preserve profits and losses.
Hope you get good results.
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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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/USD Looks Extremely BullishEthereum Classic is currently in a run up almost 13% on the day. I believe as long as BTC behaves we could see an even stronger pump in the short term. I would be cautious of entry right now. As I stated, stability of the pump is really dependent on BTC holding or breaking its current range. However, if managing risk properly, this could be a very profitable long. I'm personally up over 9% P/L. I got in at 6.97 with 2X leverage and I plan on holding it for a while longer. Trade safe out there!
[ETC/BTC] Ethereum Classic is trying. Would Bitcoin allow it ? Buy Range : 0.00078
Stop Loss : 4h close below 0.0007730
Target 1 : 0.00086
Target 2 : 0.00097
Target 3 : 0.00104
- Breakout , correction and retested trendline.
- Very tight stop-loss offering a good risk/reward
- If drops expect retest the last support once again.
Good luck !
BTC.D bottomingInteresting comparison inverting the BTC.D chart and comparing it with ETHBTC. If you believe that BTC altcoin pairs have bottomed, then you probably also believe that BTC dominance has also topped.
Some major long term indicators are flashing here, including MACD cross on the 50/100 weekly.
Fibonacci WavesAn idea regarding Fibonacci
I believe the price within the arcs of the fibonacci circle move in waves
With 1.618 being a bearish wave in this case, with a bullish transition to another ring.
There seems to be a clear relationship between 1.618 and .618 its probably simple for someone more knowledgeable in this field which I am still learning.
Explains on chart.
If anyone knows more about this comment please.
Ethereum Classic (ETC) - April 19Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
It should rise above the critical point of 5.889.
In addition, it must be supported by the long-term uptrend line.
We need to make sure we can rise above 8.300.
S-L continues to be added.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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
Big test for BitcoinLot's going on in the markets, Bitcoin is no different.
We just got rejected off the 50D MA and the resistance line established back in early/mid February and are attempting to maintain upward momentum. I exited my Stellar position a few nights ago and bought back in cheaper this morning on the dip. Still holding my ETC, and BTC. Considered exiting ETC last night but chose not to because Bitcoin had formed a potential bull flag on the 6H and I didn't want to miss a rally.
The books look bullish to me (barely), as do the 1 day RSI and MACD, two similar but yet still different indicators. Potential Elliot Wave formation as long as the 1D candle closes above $6800. I'm looking for a 5th wave surge now which, if it happens, will probably get rejected off the 200D MA, but may also break-through with enough force and send us toward $9,500. Which is where the large resistance trend-line is that goes back to the peaks in 2017.
The halving is in a month. The Central Banks keep pumping trillions into the economy, and we're on the verge of a global depression. I think these are all bullish factors for Bitcoin however some would argue that a major depression could see the crypto markets tank along with most everything else; except bonds, gold, and silver, all of which I'm heavily invested in as well. I believe Bitcoin would be in that "safe haven" category but many others do not.
The massive tether injection 2 weeks ago is a bullish signal as well. Yet some are saying it was just a bookkeeping adjustment to account for TRON being added to the tether market cap. But the numbers don't add up and I've seen no proof of it anywhere (send if you have any please).
I'm bullish for sure. But not so naive to think that we may not break down. We will have some Q1 financials come out this week as well as some macro data which will probably send the stock markets into a tail-spin. Some think Bitcoin will follow, I do not. Time will tell.
Trade smart. I'm long but willing to cut losses and be wrong if it looks like we are breaking down. But I have no stops set currently.
Good luck!