Ethereum ClassicOn the ETCBTC chart,
Below 0.0010251 is a long-term investment area.
In the ETCUSD chart,
It is moving around the downtrend line.
You should check if you can move outside of the downward trend line.
----------------
It is expected to take a long time to raise prices in the normal market flow.
ETCBTC trade ideas
ETC/BTC (Ethereum Classic)| 300% Profit Potential.!!ETC/BTC (Ethereum Classic)
Forming Falling Wedge Pattern in Monthly Chart & Holding the Support Since July 2019..
Now Need Some Strong Volume For Bounce back & Wedge Breakout..
If You're Longterm Investor/Trader or ETC Believer then It's a Golden Opportunity to Grab it at Bottom..
Support & Resistance Levels Are Mentioned in Chart..!!
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
ETCBTC BINANCE 1D BB RSI MACD#Binance
#ETC/BTC
Chart ETCBTC BINANCE 1D BB RSI MACD
Advised Buy Levels
BUY: 0.0005411
SL: 0.0004845
TP: 0.0005843 > 0.0006290 > 0.0006760
ETC has been on down trend though on the daily charts we can see some support holding at this range.
We advice if your are looking to trade ETC to look on the longer timeframe for this movement to come into play, while ETC is in a nice buy range at the moment this may end with a sudden move to the upside.
As always DYOR
Who are we?
Signalyze Market Metrics.
Signalyze.co.uk is your swiss army knife of trading tools which takes market data, trend data from social media and utilizes advanced algorithmic A.I to initiate trades to your advantage as well as you receiving advanced analysis on signals and information around cryptocurrency and prices that will help you make the best decision when trading at the most important times.
With custom in-browser alerts from the website direct to your telegram channel you will have access to the best custom alerts available FREE to ensure you never miss a market movement.
Join the community today!
—Links—
Website : signalyze.co.uk
Discord : discord.gg
Telegram : t.me
Twitter : twitter.com
Investment Bot : t.me
ETCBTC LONG TERM BIAS(Applying NEWLY LEARNED CONCEPTS open to cons. criticism)
Just swept equal lows, may retrace once, twice or none at all but aiming for equal highs and entering based on filling in imbalances of the market.
Strictly sticking to 2% RISK, 5%+ rewards.
Initial entry will be a twin trade, for every 10 pips will move 2 pips or at previous swing lows.
WILL NOT immediately enter next potential entries UNLESS I see an opportunity at the area.
*OVERALL, the market can go to any direction this is just MY BIAS*
Been learning concepts, dealing with Smart Money from the Tradehouse and only on Phase 1 so I could be wrong..
Potential reversal to retest upper resistance (30% move)Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. Crypto has a high risk/high reward ratio and moves faster than traditional markets. Only bet what you can afford to lose.
ETC has been trading sideways since end of June.
There's seems to be a double bottom that has formed on the support level.
We can see a falling wedge pattern that we broke out off about a week ago before falling back down, ETC is however for now bouncing off a strong shorter time support line.
Either of 2 things is likely to happen:
1: the current support acts as a trampoline and send ETC to retest a pretty big resistance level, effectively sending the price to touch the 200 MA. This would mean a 30% price gain from where we are now.
2: the current support breaks and we either bounce off the upper trend line of the falling wedge or we go retest the larger support area below. If the later happens, this would form a tripple bottom on ETC.
How I would trade this:
Enter a position at the current support level, your target is 30% higher. I would probably set a stop at around 52000 satoshis and get it to place a sell order at around 47000 satoshis. ETC has seen some pretty harsh sell offs in very short time periods (10-15% within 2 days) in the current falling wedge formation but it also each time bounced back up, you don't want to get your position taken out to quickly.
$ETC, Price recovering from ATL BTC values at ~50k sats..$ETC
Price recovering from ATL BTC values at ~50k sats, Crossing over resistance level at ~55k sats with increasing volume & UCTS Buy signal on daily chart..
Looking for a flip here over the following hours/days as potential entry
Targeting ~62K sats
#ETC
Managing my stop losses, take profits and trades over 3commas platform for Binance has been a great experience.
I have to do a few clicks and everything is managed automatically by the platform..
Thanks