ETCBTC trade ideas
ETCBTCSee chart. Idea. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see.
$ETC Retesting support level at 101k sats after the breakout...$ETC Retesting support level at 101k sats after the breakout from IH&S pattern...
Bouncing from this level is key if we are looking for new local highs...
Volume is decreasing so sell pressure could be exhausted..
UCTS Buy signal is still active on the daily chart
#ETC
Buy the Dip - ETC/BTC If BTC holds up and doesn't crash then this trade has a nice R:R.
Healthy retrace into fib zone, 50MA and trend line support. Aim for previous highs but always keep an eye on the market and take profit where you feel comfortable.
Happy Trading
$ETC Inverse Head and shoulders pattern...$ETC Self explanatory chart... Inverse Head and shoulders pattern could be in play...
Volume increasing slowly
UCTS Buy signal flashing on the daily.
RSI and MACD rising...
Manage your risk accordingly please!
#ETC
3105 ETCBTC: the new swing has not finished yetETCBTC has not finished the green 3rd wave which would be 26.35% up to next blue zone.
Guess that BTCUSD has more to drop than ETCUSD
LESS IS MORE!
ETCBTC - What to expect DAILY - ETH CLASSICHere is an alt coin I'm personally going long on. We see a nice hold from the previous low. Nothing has been gained though, keep that in mind. Momentum looks promising for Longs but not set in stone. Look for a gain of the previous move downward, looks like we already tested it but didn't close above, there is still a chance though. Stop loss is below previous low, will add to long position if previous lows are tested. NOT financial advice. Trade SAFE.
ETC/BTCTwice I've called alt season and twice I've failed.
Third time's the charm?
Alt charts should be making their way to the disbelief stage vs USD very soon, now that BTC has had its steep "sucker's rally".
I've seen the alt market act like this before, in December of 2017.
It appears the algorithms are using the same technique to hunt. Push down until there's no sellers left, then retest. Short term Adam & Eve.
Will the alt boom be as meteoric as December 2017?
Before, I was under the impression it would be a slow, tangent rise to the disbelief stage, but then we saw what BTC just did, so I looked back at the dot com bubble.
Same players, similar game.
Amazon, for example, took 40% of the time it took for its depression phase, to get to the top of the disbelief phase.
How does that look for alts? ~200 days of depression phase = ~80 days of uptrend to the top of the "sucker's rally".
Alts that are going to survive should be able to go to 35%-65% of their peaks of the bubble, in this phase.
ETC, for example, peaked at $47, so it should be able to make it somewhere in the range of $16.45-$30.55 within this 3 month period.
While BTC falls value, into disbelief, this should show a 4-8x rally, relative to BTC.
$ETC - Ethereum Classic May Gain 20% Before Resistance?With this recent bounce of the falling wedge, we could see $ETC move north towards upper trend line for a test.
Ethereum Classic (ETC/BTC) Falling Wedge From the 3 Day Chart for Binance. Looks like we are nearing completion of the falling wedge.
Most likely we see it hit the upper resistance trend line in-which it then creates decision time to breakout? or fall to lower trend line and then attempt again soon.
$ETC got Rejected at resistance...$ETC Couldn't break descending trendline & got Rejected at 101K Sats resistance...
UCTS Sell signal active on the 1D Chart
Volume decreasing
Wait to see if current support holds/bounce (and forms a potential IH&S pattern) or it goes straight to retest ATL BTC level..
#ETC
BREAK OUT NOW: ETC/BTC Might Make You Money IN a Hard MarketBREAK OUT from Descending Wedge! Ethereum Classic - ETCBTC!
Please leave LIKE for the Karma-Goods!
D4
ETCBTC BULL FLAGI recently posted an ETCBTC chart which showed ETC resistance and support levels.Etc broke through reistance, and is now showing a bull flag. Highlighted sell points in green. Good luck!
