ETCUSD doesn't look goodETCUSD (45min) was leading the way on the way up. It is now displaying a probable impulse to the downside close to completion. If true then we should get a bounce soon, but followed by more downside
Ethereumclassic
Callisto - Cup & Handle - Long project DirectionTrend Analysis
After the halving on currento month:
🔺 the Callisto inflation is effectively extremly reduced
🔺 the Orderbooks are now depleted on buy direction
🔺 no sell wall below 20 sat is visible on the three major exchanges Bitfinex, HitBtc and Stex
Fudamentals
Key points for CLO in 2020:
🔺Cold Staking Update
🔺Governance System
🔺Listing of CLO EOS Token at DEX'es
🔺Security Dept. Expansion
Ethereum Classic vs Ethereum | Support & Resistance LevelsFor all the geniuses that trade ETH pairs, here we are looking at Ethereum Classic vs Ethereum (ETCETH).
We have a dropped that stopped at 0.786 Fib. retracement support, so a potential bounce is in play.
Below this level, marked blue on the chart, prices can easily move lower. While above this level we start to see the bullish potential.
The MACD and RSI are starting to curve and forming a cup... If there is enough follow up and prices can move above EMA10, ETCETH can easily continue higher.
Thanks a lot for reading.
Namaste.
#Ethereum USD#ETH/USD ( Short Term )
Target 1 : 275 $
Target 2 : 282 $
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$ETC, Looking quite good as it reclaims ~9800 sats level...$ETC
Looking quite good as it reclaims ~9800 sats level w/ increasing volume..
Crossing over Ichi cloud & EMA50 on the 1D
RSI looks ready for a bounce aswell
1st target at ~10900 sats (10%+)
#ETC
Ethereum Classic (ETCUSDT) short.All description on the chart.
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ETC - Was this it? ETC is pretty clear and my previous warning was a top call. It would seriously surprise me if we'll see a new cycle high (>13.181) during the next few weeks.
This is just a reactionary bounce that will fail around $10
ETCUSD: Trend Reversal Signal and Buy OpportunityThe market gives us a trend reversal signal. It is based on a breakout above the local downtrend line and a bullish divergence.
RSI confirmed the price reversal. MACD lines and histogram support a possible upward movement. DMI is bearish and shows trend market conditions. But ADX line falls, and it is a bullish signal.
It is a possible buy opportunity.
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 (ETCUSDT) short.All description on the chart.
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Thank you.
ETCUSD Buy SignalPattern: Downward break-out of parabola on 1D.
Signal: Bullish once the price approaches the 0.500 Fibonacci retracement.
Target: 18.500.
Ethereum Classic (ETCUSDT) long.All description on the chart.
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Thank you.
Bitcoin rally correctingWe're full correction mode now, obviously. We've clearly broken the trend-line that we've held since January 2nd, and are in a nasty downward channel.
RSI shooting down, MACD 1D bearish cross-over, it's correction time.
Been reversal trading the last two days on these bounces, been good, easy plays, clear reversal hammers, predictable resistance areas.
I'm staying mostly out for now, we're in a nasty downward channel. But I'm looking for a bounce around $9,000 back to $9,500 for essentially the "b" bounce of the "a,b,c" Elliott Wave corrective pattern. May go in kinda heavy there, but still playing very cautiously as this rally has been exhausted and down we go.
50% fib retracement puts us at $8,500 (give or take), I'm looking for a bounce off $8,000 (usually we sit between 61.8% and 76.8% fib retracement before we can call a clean flush) before I start buying back for the long-plays.
Still up 40% on my portfolio for the year, despite missing a massive ETC rally (that I called, just hesitated on) that cost me $10K (after missing the rally that would have netted me nearly $10K I panic bought in and got chewed up on stops in a sideways market, also lost $2K there).
Think Q2 we start seeing FIREWORKS again!!!! Just need to hold a higher low than mid $6K range. I don't foresee that being too tough to accomplish. If we break south of $8K it will only be a few wicks IMO.
Good luck!! Try to keep your emotions OUT OF IT and read "Reminiscences of a Stock Trader" if you haven't already. And of course, watch for Tether injections!!!!!
Is this where we go parabolic?Trendline resistance is around $11,200 or so on log scale (CME gap is $11,100 giver or take I believe). But the battle here at $10,500 is real. Strong resistance but still rising support.
Strong rally so far, will it end in the usual crypto manner? A parabolic spike and then strong downtrend?
I'd like to see a big spike (grand finale) and then retrace to $8000-$9000 (50% - 78.6% fib retracement) and have that take us to the end of this mega, 3+ year long pennant before we start another (very big) bull rally.
About to golden cross on the 50/200 day MA.
I'm still in 100%, the trend is up. In good territory with XLM, waiting on ETC and DASH to break out.
Cautiously optimistic.....
ETC / BTC | Short-term Buy and Sell TargetsPrice look like ascending triangle — continuation pattern, i will take this high risky trade and sell on the levels shown on the chart. Risk below support zone use as SL.
