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Ethereumclassic

#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH UPDATE:-Despite the bullish fundamentals of Ethereum’s merger, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility. Looking ahead, ETH seems more likely to remain in a downtrend. Only a clean break above $1,400 could reverse this negative bias. The indicators on the daily timeframe also give a bearish signal, and this is unlikely to change any time soon. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
5
Ethereum - Pump and dump, or just dump?Like in the case of Bitcoin, we are also bearish on Ethereum. We will pay close attention to it today as the FED is set to increase interest rates and worsen economic conditions. We expect such action to drag the stock market and cryptocurrencies lower over time. Though we do not rule out an initial bounce up in the price of ETHUSD after the FED decision; however, we do not expect it to last. Due to that, we have no reason to change our bearish bias. Accordingly, we stick to our price targets of 1000 USD and 900 USD. Illustration 1.01 Illustration 1.01 shows the weekly chart of ETHUSD. It also portrays two simple moving averages, 20-week SMA and 50-week SMA. It can be observed how Ethereum naturally retraced toward its 20-week SMA (which acted as a correction of the downtrend), and now it deviates from it again. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Illustration 1.02 Illustration 1.02 displays the daily chart of ETHUSD, two simple moving averages, and support/resistance levels. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
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BITSTAMP:ETHUSDShort
by Tradersweekly
57
ETH daily chart, yes it bounced bullish, check it outETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and looking for a bounce up. If it breaks below $1405 mark, the supports are listed. The RSI is looking bullish as well... Unless a blackswan event were to happen, i believe we have hit the bottom back where I listed it. Personally if ETH drops under $1k im backing up the truck but i do belive we have bottomed out. but we will see...Ill try and keep this chart updated.
Long
by bylerzone
3
ETHW ETHPOW Pennant Failed, Now In Channel Target Is The SameETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could see single digits. This is not trading or financial advice, just my opinion. Thank you for checking out my charts, follow me for more updates.
KRAKEN:ETHWUSDLong
by Bitgolder
ETC | Bullish Flag? Will The Price Rise More?ETC | Bullish Flag? Will The Price Rise More? As we all know when the news about the ETH merge and the upgrade from POW to POS we saw that ETC made a very nice bounce. All was related with the fact that the miners would have moved from ETH to ETC or other coins and ETC had higher chances for mining. However, the market is still expecting and the situation is not clear yet with ETH Fork etc and now ETC is still waiting. The price is developing a very big bullish flag pattern. For some time I am expecting the price to move between 30.5 and 45.40 The price can develop in this area for a long period of time. Once the price jumps above 45.5 it means that something good happened and the price should continue to grow more. Thank you and Good Luck!
Long
by KlejdiCuni
9
My Biggest Buy Ethereum 14 September 2022MY BIGGEST INVESTMENT - ETHEREUM! The technical reason is that there is a Cup and Handle that's formed over the last few months and is showing higher lows... Once the price breaks up and out, will I buy and hold... I'll be trading Crypto Ethereum CFDs... As with my Crypto portfolio I'll be buying the actual coin and holding for the long term. 4 Reasons why I'm buying (Only first target is shown in the chart)... There are many reasons (technically and fundamentally) why I’m buying Ethereum. The technical point of view on Monday, was the main reason why I got an actual buy signal on my platform. But I do have a few other fundamental reasons to buy it, including: REASON #1: Major recovery already Ethereum has already made a massive recovery of over 50% in price. This has definitely attracted more buying in the market from new investors and traders. REASON #2: The major upgrade Then, I’ve been reading that they are talking about the merge of the most sophisticated upgrade for the digital asset. Basically, they will soon update and upgrade the software for the blockchain network. This is the first time, the upgrade will take place in the industry’s 14 year history. REASON #3: New influx of buying With the upgrade in place – investors are excited and optimistic that Ethereum is going to move into a less environmentally taxing system. This will not only improve the distribution channels of the buy and sell transactions with Ethereum but also it will improve the functionality of the blockchain. REASON #4: Evolution With the evolution of Ethereum and blockchain – this might shift investors away from Bitcoin, altcoins, penny-cryptos and other crypto currencies that are slow evolving. And it will attract more people into Ethereum as they believe the crypto currency has a bigger footprint for the future of blockchain. Are you buying YES or NO?
Long
by Timonrosso
ETCUSDT 12h The medium-term goal is $80 per ETCFirstly, we congratulate all Ethereum fans on the successful activation of The Merge and the transition from POW to POS The last hours were very tense and accompanied by increased volatility If the ETHUSDT price reacted with moderate growth Then the ETCUSDT price look like is preparing for rapid growth. In order to confirm the serious intentions of miners and ETC buyers, that they want drove its price very high, first the ETCUSD price must be fixed above $44 Well, then the way will be open for growth in $80 are a Increased trading volumes in the ETCUSDT pair indicate that there is strength and enthusiasm for growth. _______________________________ 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
21
Ethereum Classic formed bullish Gartley for upto 27.50% pumpHi dear friends, hope you are well, and welcome to the new update on Ethereum Classic (ETC) with BTC pair. Previously ETC was very close to complete a Gartley pattern , but pumped before the completion: Now on the 4-hr time frame, ETC has formed another bullish Gartley pattern. There is also a hidden bullish divergence as the priceline is forming a higher low and RSI is setting a lower low. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
bullish flag can make another leg up for ETC#ETC/USDT $ETC had more than 140% increase since my analysis from 6/12/2022 and broke out from descending trend line. 🐮 now price shaped a bullish flag pattern and we just need a confirmation of the weekly candle to close above the channel. so if we have this confirmation price can increase toward 1.618 fib level of last swing high (which is between upper trend lines) to complete flag Pattern and also it can be AB=CD pattern that can be complete.
Long
by parissap
10
ETC - Inverted H&S Pattern on the Line Break ChartHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, I present an Inverted Head and Shoulders Pattern on ETCUSDT . An inverted H&S is different to an Inverse H&S. Inverse H&S patterns have a straight neckline whilst Inverted H&S have a tilted neckline . If you noticed something strange about the chart, I have used the uncommon line break chart method. Three-line break charts originated in Japan during the 19th century and it is said that this technique was used in rice trading. This is another old form of charting originating from Japan along with the likes of Renko, Kagi and Heikin-ashi charts. Line-break chart was introduced to the western world by Steve Nison in his book Beyond Candlesticks. I find this really helpful to cancel out the noise and point out a clear trend. The line break chart is different to the candlesticks and as you can see, there are no wicks. Let's take a closer look at how exactly line break charts work. Have a look at image below. These are the closing prices of an asset: If you connect these closing price and draw the line, it becomes a line chart: Now, instead of connecting the dots and drawing the line chart, you can connect the two closing prices by drawing boxes: Lastly, they are filled with Green and Red. If the closing point from one box to the next is higher, the price is bullish, color of the box is green and vice versa- If the closing of the new box is lower than the previous box, the price is bearish color of the box is red: Now, back to the Ethereum Classic Inverted Head and Shoulders Pattern - I'm using the really helpful Head and Shoulders Pattern tool here on the chart, which you can find in the drobox on the left-hand side. A closer look at how to measure the ultimate target: You measure the height from the head to the neckline, and from the first resistance under the neckline you add that height to give you the estimated target: Entry rule : Do not enter on a breakout without a close above the neckline . A high number of potential inverted head and shoulders patterns often will be broken only for it to be a fake breakout in the end. When price closes the trading session past the neckline it’s an additional confirmation that it’s a true breakout. Have a great weekend 🥂. I hope you enjoyed this post today! Please give us a thumbs up 👍 _________________ Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
35