ETCBTC trade ideas
ETC is a good design for continued growth. to the ETC dollar as the market as a whole looks long.
now we're looking at the Bitcoin chart and we can really see how the new trend is formulated.
long from current level and stop loss for 8000satosha
the target will be a local hi
Friends, thanks for your likes and comments!
Good luck with trading!
ETC/BTC TA Update (short-term relief?)ETC/BTC
ETC may have temporarily found support at 7100 sats regions and manages to break the trendline resistance.
This is a good sign for ETC bulls in the short-term but the battle is still too far.
There is a lot of trading action needed to shift the tide.
ETC needs to hold current levels and must not close below 7100s because
this will invalidate the potential short rally up after breaking the important trendline resistance.
If everything goes well for the bulls, I'm eyeing a potential top at 10k-12k sats levels.
ETC ANALYSIS (BREAK FOR A LONG!)ETC ANALYSIS:
ETC broke out of the falling wedge and pushing 50MA to crossover the 100MA in a bullish manner. I expect a further increase following this move. I expect take profit 1 to be hit just below 1000 sats at 980 sats. T1 is the next resistance band, a break here would make way to easily break T2 at 1020 sats, T3 at 1065 sats, and lastly T4 at 1150 sats. The prime entry zone is from 890-920 sats. Daily RSI and Stoch are cleared for a major run up. Deep support is down at 700 sats. I dont expect deep support to be hit, rather a double top over 1100 sats first!
Possible Entries: 890-920 sats
ETC - setting up for the strongest 3rd waveOn ETC, we had nice 5 big waves up on higher time frame, that I mentioned in previous analysis and we got nice bounce from my predicted zone and I think, ETC created 1st wave, now we should be in 2nd wave and we should get out of that bull flag and going up as a 3rd wave. I am already in LONG.
ETC/BTCBuy dips in uptrend.
ETC between 0.001 and 0.0008 is a strong buy.
Set lower buy orders in case MM wicks down on your exchange.
Setting buy orders creates liquidity, which makes it less likely that you AND other traders will get fked by wicks.
If there is more to lose wicking down the market, to buy orders, than there is to gain by triggering stop losses and calling margins, they wick the market down.
You're basically creating protection for yourself and each other. And if not enough protection is created and it does wick down anyway, you get to buy low AF.
My buy orders were set at:
0.00100001 (filled)
0.00090001 (filled)
0.00080001
0.00070001
0.00060001
0.00050001
0.00040001
0.00030001
ETC - ready for another five wave bullish cycle ?I made a research, analyze all binance altcoins and I found so many alts with nice, almost finished, corrections. ETC is one of the examples - we had strong uptrend move, made of 5 waves, now we are above big support and we formed falling wedge on lower time frames. I am not in position yet, I have my buy limit order set at 8700 satoshi.
ETCBTC floating on support without noticingHey guys welcome for a fresh crypto update, please like and follow to support us
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after a beautiful rally ETC bulls are resting from more than 10 day and looks like they are now ready for a new high
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take entry under 120k sat
T1 155k
T2 200k
SL 100k
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Thanks for reading...
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this is Husain Zabir, signing out
Thankyou...