ETCLTC_87F5F9.USD trade ideas
ETCUSD Technical Analysis (Ascending Triangle)Introduction
ETCUSD looks like it will hit at least 12.633$, with a maximum upside of 15.81%. There has been a breakout of the pattern as well, so a rise in price is expected to occur soon.
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Technical Analysis
ETCUSD has just broken out of it's ascending triangle, and is headed for 13.707$. There are two targets for this trade, and the stop-loss is just below the upper trend line of the triangle. Here is everything else concerning my analysis:
Entry: 11.816$
Stop-loss: 11.479$ (3.11%)
Target 1: 12.633$ (6.96%) Risk to Reward: 2.24
Target 2: 13.707 (15.81%) Risk to Reward: 5.02
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Final thoughts
Lets see how things turn out! I was kind of late to post this trade, despite having alarms set, but I managed to finish it before a substantial rise in price occurred. Hopefully everything works out well, and good luck and great trading! (Links down below to past successful ideas)
*not financial advice
ETC weekly chartETC has broken the triangle to the upside,and now it is around a important resistance level.
I'm waiting for ETC to close this weekly candle above the resistance level.
ETC/USD This is a Sleeper $ETCThis coin will do numbers I expect too see $30 Easy this Cycle(That's super Conservative) really the sky is the Limit, Every thing has literally Just retested support, 4HR MA Cross to me Signals the Start of its run, Best to Sit back and enjoy the show for the upcoming times!
ETC UpdateETC price reached resistance and traded down on higher volume, it is likely that it will decline to test the support or floor. If it trades back up to test resistance, on higher volume, it might have enough buy momentum to trade up through resistance into a new trading range.
Trade and invest at your own risk.
Is ETC (Ethereum Classic) Set to Melt Faces?KRAKEN:ETCUSD seems to be in the early stages of a Wave 3 move.
May be the last chance to accumulate. ETC may just melt faces this summer.
Ethereum Classic & the Contrarian TradeWith Ethereum having gained +1000% over the past 9 months, we must consider the fact that Ethereum is migrating to a PoS network. This will take a number of years to roll out and many projects that were built on the PoW based ETH 1.0 will have to make a decision on whether to move to Ethereum 2.0 or look for alternatives. Ethereum Classic and BSV will be the choice PoW platform with smart contract capabilities.
ETC suffered a series of 51% attacks recently that have only made it stronger with new upgrades implemented as a result.
Ethereum Classic has a capped supply just like Bitcoin. It has a capped supply at 210 million thus providing a sound monetary policy.
Looking at the chart, we can see that the price is currently 420% from its all time high which was set on 08 January 2018. We have seen considerable buying volume enter the frey since mid-November 2020 and a massive green candle on 04 January this year, pushed the price above a flatlining 120 EMA ($7.15).
If you are looking to take some gains from ETH/USD off the table, this might not be a bad little contrarian speculation. ETC/USD is a beaten down crypto that receives very little favorable press but as far as we are concerned, it has sound fundamentals.
ETC/USD Quick Video Analysisone of the last few cryptos left at a bargain coming off a technical 95% fibonacci level. Now or Never ladies and gentlemen,
good luck and happy trading!
Rigo
Ethereum Classic Vs USD for 02.08.2021Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
Hourly Chart is being used for this post!
It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it.
From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line!
I would love to hear what you think about this post!
Happy trading, and thanks for reading.
ETC possible breakout approachingLooks like ETC might resume its upward climb after a bumpy evening.
Ethereum classic ETC breaking out from resistance, by top of next cycle we can easily see $170 range, possibly even $200.
ETC - could it happen?I'm pretty new at this but here's my first attempt to share. Feedback appreciated.
ETCWatching ETH. If it can break ath’s, it will be interesting to see how classic acts. Unfortunately, from this view, I don’t really see any correlation worth mentioning, yet.. still on the sidelines for now
ETC RDY FOR BREAKOUT BIG ?ETC runs against its main Bull/Bear Resistance.
RDY for breakout in the escalating Crypto market.
