ETCUSD.P trade ideas
ETC breakout of channelHello everyone,
Right now ETC is trying to break out of its regression channel it formed since it’s drop from ATH. If it can hold above this area for a few candles it will rocket. This is my personal opinion, and is not financial advice. Invest at your own risk!
ETCUSDBroke out of downtrends but hitting resistance now. Would love a pullback to the 20 sma to get long.
EtcAs I said before, I’m liquidating everything! To buy more! Have a few things left priced to move!
Some left over pizza crusts
Mother-in-law (75%off!)
ETC breakoutVery nice breakout of the channel on ETC. I got stopped out of this trade previously unfortunately but I hope we might see a backtest of the channel around $60 mark which would be a great entry to ride this newly established uptrend. I can't be sure whether this wave up can take us to new heights given current macro but I imagine $80 and $90 would be the target area. Break above that and you can see 100, 110 and so on...
ETCUSD - CLOSED OF WEEKLY CANDLE - LOWER LOWS AHEAD...Now that we have the official closed print for this past week, we can observe some very aggressive momentum down.
Expecting some lower lows in this week ahead.
EtcI sold my car, my house, liquidated my bank account. Pretty much everything short of slutting myself behind the JiggleHut. -which, 4 the right price can be arranged- all so I can buy ETC at 45$
ETCUSD FOR THIS WEEK. As the time of this writing we are less than 4 hrs away from closing this weekly candle. As so far looks like its going to close on a very big bearish candle.
I'd say BE VERY CAREFUL IF YOU'RE BUYING THIS PULLBACKS BECAUSE AS OF NOW , IT SEEMS LIKE WE ARE GOING TO GO TEST THE 21 AND 34 WEEKLY EMA'S. HENCE COMPLETELY DISREGARDING CURRENT FIBONACY RETRACEMENT TOOL.
STAY ALERT, WILL POST LATER ON WHEN WEEKLY CANDLE CLOSES. TO UPDATE THE PLAY FOR EARLY THIS WEEK.
ETCUSD "BUY LESSON"ALWAYS DOUBLE CONFIRM WE GET THROUGH ALL EMA'S IN ORDER TO GET FULL ON BULL ON IT.
DEFF GOT SUPER GREEDY ON THAT LIL PULLBACK FRIDAY. WANTED MORE BUT MARKET SUGGESTED BIG DROP COMING SO, IF YOU WERE NOT ON THE CHARTS SATURDAY, SUNDAY SUPER EARLY MORNING KILLED YOU.
CRYPTO PRO TIP. ALWAYS LOOK AT THE CHARTS BEFORE YOU SLEEP BECAUSE CRYPTOS DONT SLEEP.
EtcWhat’s up guys. Looking at this chart we can see the price action ETC has had. So far the area we are bouncing between 38-42 $ is critical area we would love to see hold on a bullish potential. However the way the markets are looking it’s hard to expect it will be able to flip that to new support. It is an area to watch however if that area is lost then it’s clear to see the areas we can bounce from are easily another 50% or more down from here. Usually in a monster run like etc had its easy to see that when you run up that fast you don’t consilidate enough to create solid support below causing a hard fall
ETC 4h Bullish DIvergenceIt all obviously rides on Bitcoin but we are seeing 4h Hidden Bullish Divergence well developed on the USD pair on both oscillators. Hidden Bullish Divergence on the daily still in play and negative momo is finally starting to wane. Bullish indicators can underperform in bearish conditions but I believe a relief rally is long overdue and with BTC possibly looking to reclaim 40k-42k soon, we might see ETC running all the way up to $90.
Bearish Divergence forming on multiple timescales on BTC .D chart (1h, 4h, daily) implies that alts might soon stop underperforming, at least in the short-term (we are also nearing that 49-50% resistance area on that chart, where reversal could occur).
I like to compare ETC width DOGE because they both got pumped by Robinhood crowd simply because they were among the cheapest cryptos available and tend to move together to some degree. And let me tell you DOGE looks much stronger than BTC right now giving me a lot of hope for ETC as well.
ETC UpdateStill watching this one closely. Well defined channel formed, break to the upside could be entry point for long trade. One of the strongest looking alts still in my opinion.
ETC - Ethereum Classic / Forecast 20 day 5/21/2021Simple visual based on passed 30 day parameters. (secret)
Predicted path, reverse trend, uptrend, downtrend, curve line, buy hold forecast line.
Not posted as pro advice.
75% Accuracy
Used with other tools, but I just wanted to post something we do for once.
Happy Friday!
And, you owe me a beer... Cheers!
ETC reverse cup and handleI’m seeing a possible reverse cup and handle forming. The white trend lines are my guess for future movement. I’ll start buying around $50. This is not financial advice.
Ethereum Classic, With Potential To Form A Channel-Breakout!Hi,
Welcome to this analysis about Ethereum Classic, we are looking at the 4-hour timeframe perspectives. Ethereum Classic in the last times is showing very interesting signs as it bounced back after the bearish developments and formed this meaningful hammer candlestick, besides that, I discovered the major descending-channel-formation Ethereum Classic has developed here marked with the black boundaries and the coherent wave-count within with the waves A to C already completed. Now when Ethereum Classic manages to increase with bullishness further above the ascending-trend-lines this can lead to a decisive channel breakout above the upper-boundary and when this happens it will be a great origin for further continuations.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
ETCUSDETCUSD
A new Buy signal will be triggered if the price manage to break above 80.00 level, which will open the way to new targets around 94.00 followed by 107.00
The SL will be 71.00 after breaking above mentioned level above 80.00
$ETC Quick Technical Analysis - FIb to the upside? After this morning reversal, fibs were able to be seen clearly and the daily did not close in danger territory. All crypto seems to be reversing in this matter but we still need major bullish closures for the rest of the week to stay on this track.
$ETC Tapping the 78.6 fib at around $46 USD was mucho importante. Retesting that price is better for us to make this next leg up HUGE.
I Will keep $BTC and $ETC monitored as well.
P.S. Elon, please just keep quiet on this hopeful next leg up.
