ETC broken out falling wedgeIt appears ETC has broken the falling wedging confirm another higher lows.
ETCUSD.P trade ideas
Something Like This...As title says, Many have probably written ETC off...well too bad algos don't care about your opinion, Code is Law.
ETCUSD A Beautiful ComparisonThe bullflag's are evident
Just as the first one pumped the price up heaps
The second is looking to do the same
Great buy based on this TA
Ethereum Classic $600 soon?It appears Ethereum Classic is almost breaking out the bull pennant. The $65 was the peak before the sell off. Based on the fib ETC can squeeze to ath $600 soon.
ETCThe trading range for ETC is getting narrower. This could bring an expansion in either direction. Since other cryptos have gotten above or near ATH. ETC seems to be a laggard from the rest of the market. So there is a chance that ETC could do a catch.
IMO good buy zoneSince the big move up in may, ETC hasn’t moved. slow steady upward trend. Has been following the support, steady rising for months now.
I want to say this is a safe buy. set my stop loss below my lines.
crypto has gone up and down 2-3 times with decent moves since may but ETC has consistent.
I think we can see ETC hit the $150 range again, but crypto makes more dramatic moves than that i expect higher
Ethereum Classic (ETC) - November 13Hello?
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(ETCUSD 1W Chart) - Mid-Long-Term Perspective
Above the 16.722 point: the uptrend expected to continue
Over the 37.180-47.947 section: Expected to create a new wave.
(1D chart)
First resistance zone: near 69.480
Second resistance section: 91.012-101.779
Support section: 37.180-47.947
We are walking sideways in the section 47.947-69.480.
In particular, if the price maintains above the 57.934 point and breaks out of the downtrend line, I would expect the price to rise above the first resistance level.
If it falls from the support zone, there is a possibility that it will fall to the 16.722 point, so you need to trade cautiously.
At the CCI-RC indicator, there was an attempt to raise the CCI line above the +100 point.
If ETC price rises above the first resistance level, I expect the CCI line to rise above the +100 point.
The next volatility period is around December 7th (up to December 1-11).
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(ETCBTC 1W chart)
Above 0.000970-0.001374 section: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
ETC - Stochastic RSI cross and Falling Wedge Breakout!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. Stochastic RSI - Crossed bullish last week! Awaiting to cross above the 20 level for confirmation on the 2week! Good sell targets is around the Green lines! Long ways to go!
2. RSI - Highly oversold on the 2week chart! Will start selling when we reach green lines! Taking profit always wins!
3. We are breaking out from 7 month pennant!
4. Last week we had a Dragonfly Doji candle! the most bullish candle in technical analysis!
5. Buy the dips! (corresponding to the trendline of the pennant breakout!)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
etcAfter bitcoin comeback to the asending path Now its time for this altcoin to show its power for their holders.
we should watch and see.
2021-11-10, ETC: 12HR CHART, CLASSIC NEVER GOES BAD IN REALITY
Ethereum Classic, seem to have idle for a while. Hidden potential coming in weeks or months. Don't die out on the classic stuff. It pays to keep some for the rainy days.
ETC Is looking Bullish!The price bounced from the mid line of the ascending channel and it is now showing signs the momentum to the upside is not over.
ETC BOTTOM TRIANGLE 20% Ethereum Classic $ETC forming a base triangle showing heavy accumulation within the range
Buy $57.8 - $59.5 and take profit at 72$-76$
This should be a quick trade hopefully the pattern resolves by weekend
Goodluck!!
ETH/ETC MASSIVE OPPORTUNITYThe lag and catchup of ETC has to be one of the most consistent correlations in crypto. The R/R on ETC right now could be monstrous.
EtcThis considation has been insane. Soo much sideways action. Based off 3 differnt wicks during this we have been getting extremely TIGHT!! Break above 61.50$ no resitamce until 84$. Above tjat 144$ as th target. Support at 51.50 and 49$. ReistNce at57 and 59.50
Let gooo I’m bullish even if we dip to 49-48.50 first I’m starting to load and I’ll be patient
ETCUSD Support and resistance levels No real positive increase in volume since August. RSI is unimpressive. Short below SL2
ETCUSD chart explanationAs you can see, the ETC is now interacting tightly with the "Ichikomu Clouds".
If the ETC could enter into the cloud and cross the 60 USD soon, we will see its bullish rising to at least 100 USD!
ETCUSD gain of 300% likely to happen!Dear traders,
after 27 weeks of decrease in a quiet mode and long accumulation, a possible huge movement after a breakout of the triangle
is likely to occur. In this case the ETCUSD price could reach 300% of gain around 220$.
In caso of a contrary break a damping down to 20$ can also happen. Let's wait and take your position. I'm personally LONG.
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Not a financial advise. Thanks for comments.
ETC inverted head and shoulders to $125#ETCUSD
$ETC broke out from descending resistance line and confirmed it as support, also price stayed above weekly support zone.
an inverted head and shoulders pattern shows that price can reach $125.
#ETC didn't increase during #ETH rise so it's time to show its potential.
break below weekly support will make this scenario invalid.
