ETCBTC trade ideas
TRIPLING BTC WITH ETCHi everyone. I was searching for possible altcoin that i can invest and i saw that. I think it can go 3x with that price. Count on chart.
More than 14 R:R which is insane.
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ETC/BTC strategyHello, traders.
ETC, we have an interesting situation happening with it, it broke its short-term downtrend but is now testing the key level as resistance (A key level is a place where the price was support and resistance many nos Last times)
The ideal would be for us to start an accumulation close to the resistance and as soon as we had the breakout we will be able to enter, we have a buying point in the resistance line to test as a pullback, above the key level we will be very bullish in the ETC
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ETC/BTC 1D (Binance) Descending channel & falling wedge breakoutFA: Ethereum Classic is a decentralized Proof Of Work coin and you can earn mining, but it will be a hybrid POW/POS (Proof Of Stake) system after ETH 2.0!
TA: ETC is on historic support, it should react with a bounce after that break-out confirmation of the wedge and go for mid-line channel at least.
Current Price= 0.0006671
Buy Entry= 0.0006606 - 0.0006263
Take Profit= 0.0007472 | 0.0008094 | 0.0009152
Stop Loss= 0.0005398
Risk/Reward= 1:1 | 1:1.6 | 1:2.62
Expected Profit=16.11% | 25.78% | 42.22%
Possible Loss= -16.11%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1440h
Ready for the next impulse?After completing the first cycle, price is stabilizing above the initial level and while volume decreasing there could be a third wave incoming. Presales now @6.2k sats!
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
ETC-BTC/USDTI decided to show my idea in two pairs at once, as the situation is interesting in both.
For the USDT, the price rested on the support level at 6.25, now the consolidation at the exit from which I expect the momentum up or down, at the confirmation above 6.5-6.53 will be taken into the longitude. The targets are shown on the chart.
The pair to the bit also relied on the support level 6700, and formed a double bottom on the daily chart, with confirmation of the break-up will also take the longitude. The targets are also on the chart.
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Break the trend lineComo's high price - breaking the base line by the contour line up
Base line failure by price up
Base line failure by contour line up
Fibonacci correction in the region of 55 to 65%
Extensive Fibonacci in the 155 to 165 percent range
Upward RSI, downward price, moving average moving 50
The above has happened at different time frime
ETC/BTC (MONTHLY), BUTTERFLY & GARTLEY PATTERNS, 80-160%This is currently what I am seeing, the red lines as always are my targets and the green-line was my potential entry but then I saw the bullish bat on the 4 hr that I posted earlier so I decided to enter. For monthly, these setups are very powerful and even if it dips to my green-line and forms a different pattern, I am liking the R/R.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
ETC/BTCETC has been forming a massive descending channel since February. The price is sitting in the horizontal support zone which means 0.786 fib level of retracement from the top. There is also a bullish divergence on 4H which confirm the bias.
I take a long here.
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ETCBTC - Rejected at resistance, more downsideStill holding this desperate long , it turned out to be a pump for ants prior to Phoenix fork and after that, it's just declining.
I moved my stop a bit below, this trade without leverage, so I can give it more space. But honestly, I anticipate more downside here, because historically after rejection off 0.000700 btc resistance it continues to decline with 0.000500 btc target.
Marked with purple areas can be deviations.
Possibly flip short if it will be stopped out.
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Information is just for educational purposes, never financial advice. Always do your own research.
Almost...nobody knows what is coming....STRONG BUY SIGNAL ETC is one of the most promising coins of all time.
Pure descentralized and 100% compatible with ETH.
My first target right now is Etherium price (200+ dollars), but potential is 20 times my first target....
Check my reviews, and take your conclusions. Good trade everyone... we talk soon ;)
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK.
ETCBTC - Broke through resistanceETCBTC broke through resistance at 70k satoshis despite of bitcoin dump below $9k.
I'm still in this long, overall sentiments for this pair is still bullish, Phoenix Fork soon + as you may have noticed that many altcoin pairs already up 20-50%.
Invalidation - the next strongest fall of bitcoin price.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.