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ETCBTC trade ideas

ETCBTC formed a bullish butterfly | Upto 374% from herePriceline of Ethereum Classic / Bitcoin cryptocurrency has formed a bullish Butterfly pattern and entered in potential reversal zone. RSI is entered in oversold zone. Price action has also hit the support of lower band of bollinger bands. Stochastic has given bull cross. Priceline is now gearing up to hit the sell targets soon insha Allah. I have defined the targets using Fibonacci sequence: Buy between: 0.00053857 to 0.00000001 (but it is not possible for price action to hit 0.00000001 as it has already hit the lowest pirce of the history of ETC and indicators are turning bullish) Sell btween: 0.00158077 to 0.00325256 Enjoy your profits and regards, Atif Akbar (moon333)
Long
by moon333
3
ETC breaks out and establishes a trendFor the last months I wasn't spending much attention to altcoins, except from their total marketcap point of view. Most of the time they were bleeding out anyhow. What brought my attention to BINANCE:ETCBTC ? I was screening some of the volumes to marketcap on CoinMarketCap and found that ETC has a really hight volume to marketcap ratio, constantly over the last weeks. Sure, those volumes on crypto exchanges are far off being reliable, nevertheless it caught me. Now we have the situation that ETC broke out yesterday. First it managed to go through the 200 MA like a hot knife through butter, but also took out the resistance aroung 640 sats. This area price failed end of july and back then was where the 200 MA was. EMAs are constantly crossing upward direction, same goes for their slope. It looks like ETC is about to establish a trend to for the short term. By no mean we could say we left bearisch territory, but in the past ETC tended to have some decent rallies. Currently, we can find a bearish divergence on the chart between price and the stochastic indicator. This migh signal reversal from recent highs and might wick back to the breakout zone, to confirm the breakout. This area I would consider a nice opportunity for an entry, but watch closely on the other indicators. For example I don't want the stoch indicator to lose much room to this price action, it should stay above 50. Once you are trading crypto against Bitcoin, always take Bitcoin's price action into consideration. One big move by Bitcoin and all the possible setups are wiped off the board. More often than not in the last months it happened. As always, I will keep you updated on that one, once we see a change in the landscape.
by CoinPhlip
[ETCBTC](55%) Ethereum Classic Bullish Engulfing, Trade SignalEthereum Classic (ETCBTC) is showing a nice bullish candlestick pattern called bullish engulfing... This only confirms after the daily candle closes today above 0.000543. This and other signals are telling me that ETC can go bullish soon. We have above-average volume today (still developing as well) and a bullish RSI... Let's proceed straight to the trade details. ---------- PAIR: Ethereum Classic (ETCBTC) ENTRY: 0.000520 - 0.000560 TARGET: (1) 0.000595 (2) 0.000625 (3) 0.000660 (4) 0.000680 (5) 0.000715 (6) 0.000770 (7) 0.000810 (8) 0.000860 PROFITS POTENTIAL: 55% (Buy calculated at 0.000555) STOP: Close weekly below 0.000480. ---------- Feel free to leave a comment if you have any questions. You can always hit like, share and follow if you want to show us some love. This is Alan Masters. Thanks a lot for your continued and amazing support. Namaste.
Long
by MasterAnanda
10