ETCBTC trade ideas
ETC - Magic Bot buy signal with Sell Targets - 76% Win rate!!BPL ( Bitcoin Profit Labs) Magic bot buy signal with sell targets for ETC
Buy: 0.00105400
Sell Targets
T1: 0.00110670
T2: 0.00115940
T3: 0.00121210
DCA buy: 0.00100130
DCA T1: 0.00105400
DCA T2: 0.00110670
DCA T3: 0.00115940
Trade Stop loss: 0.00094860
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Magic bot stats:
Wins: 453
Loss: 138
Win %: 76.65%
Total trades: 610
Days: 217
Avg Trades/Day: 2.81
Total Max Cummulative Profit: 2455%!!
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Last line of support in ETC/BTCif it cant hold around 0.001 satoshi... expect downward into the unknown as there are not support below that level and it's look bad for recent chart.. it did create a higher high slightly but still creating higher low..... create a double top formation.. if this price action do broke down,
hypothetical support based from double top formation would be around 0.00055 satoshi.. we will see what happen.
Please feel free to share your thought about this chart.
peace
ETC/BTCETC should go through similar motions, riding overbought territory, as it heads to the disbelief stage.
The Adam and Eve bottom that I drew up did not play out exactly, as there was a solid shakeout wick on ALL coins when they hit us the BTC pump.
It appears there were more longs left on alts vs BTC than I expected, that needed to get shaken out.
Now that we have a bottom, with an irrelevant wick, we should see a beautiful, powerful uptrend, to kill shorts.
I'll be stacking the dips on this one for sure.
There is a possibility for the beginning of an uptrend in ETCBTCThere is a possibility for the beginning of an uptrend in ETCBTC
Technical analysis:
. EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00120100 to 0.00108000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00120100)
Ending of entry zone (0.00108000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00131370
TP2= @ 0.00144540
TP3= @ 0.00155500
TP4= @ 0.00164600
TP5= @ 0.00173770
TP6= @ 0.00197130
TP7= @ 0.00220780
TP8= @ 0.00277400
TP9= Free
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis:
. EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00120100 to 0.00108000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00120100)
Ending of entry zone (0.00108000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00131370
TP2= @ 0.00144540
TP3= @ 0.00155500
TP4= @ 0.00164600
TP5= @ 0.00173770
TP6= @ 0.00197130
TP7= @ 0.00220780
TP8= @ 0.00277400
TP9= Free
ETC - Mid-Long Term No BrainerWeekly SFP and support holding.
Ranges are clear.
Looking for HTF closes above range EQs for upwards movement to proceed following each cycle of growth vs retracement.
Will be taking profit at levels shown and looking to re-invest near range EQs (or 705's if possible) following retracements assuming market conditions appear favourable.