ETCUSD Entry Price 41.70 (Goal: 260 Units)Expect ETCUSD to increase 260 units. ELongby TradeLive-Published 1
The ETC daily chart has the opportunity to show a H&S bottomThere is a H&S bottom pattern on the ETC daily chart, the target price has been met, and the downtrend line has also been hit. It can be seen in the chart that ETC has appeared three high points near the trend line. If the price falls below 30.35 in the future, the H&S top pattern will be established, and the support range below is 24.47~26.16 and 20.83. After an effective support is formed near the range, and the price breaks through the trend line and 45.75, ETC will have a larger H&S bottom pattern (right picture). - There is also a chance for ETC to break directly above the trendline and 45.75, which would result in a large H&S bottom pattern (right) similar to a small H&S bottom pattern (black box on the left). - No matter which way ETC takes, it is more appropriate to wait for breaking through the resistance of the trend line and 45.75 before viewing ETC as bullish -by DannyC914Published 0
Ethereum Classicheres my ethereum classic chart for the rest of the night---im going to bed---for now---gonna leave he laptop running and continue with these charts that im posting now..... later Longby mooncrest-holdings-ltdPublished 2
ETCUSD Channel Down or Bull Flag? See how to trade it!Ethereum Classic (ETCUSD) has been trading within a Channel Down on the medium-term, since the July 29 High. This has come after an enormous and very quick +250% rise on fundamentals, since the July 13 Low. The overall trend since the May 2021 market high has been bearish inside a Channel Down pattern. You can argue that the July 29 High and the Lower Highs that followed broke above the Channel Down, however it is only marginally and have been so far contained with the 1.118 Fibonacci extension, which is within tolerance levels, just like the break below the Channel on the June 18 Low that was contained within the -0.118 Fib. In fact, see how perfectly each of the recent Lower Highs remains on the 1.118 Fib. Since the mid July rally was so aggressive, the Channel Down that followed can be technically viewed as a Bull Flag pattern, preparing a longer-term bullish move. This gets even more significant as the 1D RSI rebounded on a Symmetrical Support level which during this 2021/22 Bear Cycle, always broke lower after but this time it provided a strong rise that broke above its Lower Highs. Furthermore, the 1D MACD just made a new Bullish Cross, the first one on such high values during this Bear Cycle. In addition, the price has already broken 4 times above the 1W MA50 (red trend-line), which on March 29 rejected the rally at that time. Last but not least, we have been trading on the strongest 1D Golden Cross (when the MA50 crosses above the MA200) since December 26 2020! As a result, we could give the bull side a slight edge but only as long as the 1D MA50 (blue trend-line) and especially the 1D MA200 (orange trend-line) hold. In that case we can expect a Flag break-out and test of the 53.000 Resistance which was the previous Lower High of March 29. Above that level, we can confidently claim that the bullish trend has been restored on the long-term. A break (candle close) below the 1D MA200 though, could kick-start a new downward sequence. In that case, a high probability target can be the 0.236 Fibonacci level, which as shown on the chart (circles) was hit on every major bearish leg within this Bear Cycle. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------by TradingShotPublished 1125
ETCHello guys this is my trading idea about ETC thank you IF you like my work please like and follow thanks TURTLE TRADER 🐢by rebenga93Published 1
Ethereum Classic's faltering rallyLong term I am bullish on Bitcoin and Cryptocurrency. Short term, I think we are likely to see a rapid sell off to around $16.6k. When setting this trade up, I considered a way to lower the risk and increase the return. Rather than using leverage directly on Bitcoin , an asset with solid fundamentals and the safe haven in a cryptocurrency rout. I have taken shorts on two other cryptocurrencies, that I have priced as over valued. 1) I believe Ethereum Classic (ETC) is currently overvalued, due to a recent rally spurred by Ethereum's (ETH) 2.0 network upgrade. ETC has been pumped with the sales pitch >> ETH miners will move to ETC, dragging over a significant portion of the ETH user base over. This is not likely in my opinion and therefore the rally is not supported with fundamentals. I foresee a sell off to the $18-20 range, a range in which I will close out my position. Current trade entry of $41.60. 2) The second short is Optimism (OP), a relatively new cryptocurrency that has been pumped from $0.50 to $2.30. Even considering it's retreat from $2.30 to $1.15, I see a further pullback to $0.80 likely, maybe $0.60 will see. Entry of position at $1.46. Best of look out there. RISK: Crypto might rally with the upcoming upgrades of both ETH and ADA.Shortby FortunaAlgoAnalyticsUpdated 334
ETCUSDHELLO GUYS THIS MY IDEA 💡ABOUT ETC is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade.. IF you like my work please like share and follow thanks TURTLE TRADER 🐢Shortby rebenga93Published 0
Bearish ETC etc may be due to a wave of Ethereum 2.0 It's hard to beat this position I suggest you bounce back to lighten up or go short Follow me to take you to achieve financial freedomShortby wsbhuaPublished 336
ETC USDT LONG SWING | ETCUSDT | LONG @ 34 - 36.5 | TP @ 37, 37.5, 38, 38.5, 39 | SL @ 29 | PATTERN = BULLISH PENNANT | COINBASE | Breakout can also be seen on lower time frames, as well as retest of 200 EMA/MA Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames BINANCE:ETCUSDT COINBASE:ETCUSD BYBIT:ETCUSDT KUCOIN:ETCUSDT BINANCE:ETCUSDTPERP FTX:ETCPERP BINANCE:ETCPERPLongby CoindatahouseUpdated 113
ETC is setting up a weekly rally.The weekly chart is clear. We will see a big rally coming to ETC. Target could be anywhere from 85-135.Longby SeekingTruth_ZPublished 3317
ETCHello guys this is my trading analysis about ETC thank you IF you like my work please like share and follow thanks TURTLE TRADER 🐢by rebenga93Published 112
ETC/USDT - 27.08.22 - Market UpdateHello Traders! ETC is moving within the downtrend. An aggressive upward movement started after news about miners switching to ETC mining from the ETH, after which the price received a reaction from the resistance level of $44.50. At the moment, the price is testing MA100 on the weekly timeframe. If the price downtrend continues, it will be interesting to consider buying. The range for asset accumulation will be a zone of $11.30-14.50. The targets will be the levels of $29.00 and $44.50 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice by UnknownUnicorn10064030Published 110
A Bearish Order Block Spotted on ETCUSDWould like to see a move to the bearish order block to fill some orders around that area then a bearish impulsive move.Shortby SamphilzPublished 4
Rising/Falling Wedge Ascending Wedge in an uptrend-bearish 1. This pattern occurs when the slope of price candles’ highs and lows join at a point forming an inclinin wedge. 2. The slope of both lines is up with the lower line being steeper than the higher one. 3. Place an order to breakdown and out of the wedge. The drop out of the wedge can be very dramatic. Descending Wedge in a downtrend -bullish 1. This formation occurs when the slope of the price candle high and lows join at a point forming a declining wedge. 2. The slope of both lines is down with the upper line being steeper than the lower one. 3. To trade this pattem, place an order on a break up and out of the wedge.Educationby yaser_rahmatiPublished 116
ETC momentum flipJust documenting the setup with risk / reward mapped out.Shortby zanemoser1Published 0
ETC, double support rebound.The following content is machine translation: In the 4-hour chart, at the end of July, it pulled up to around 45, pulled back to around 32, stopped falling and rebounded, rose again to around 45, was blocked and fell, and now has fallen to around 32, stopped falling and rebounded. Indicator macd bear trend, bear energy column shrinkage. The RSI indicator reaches a sell-off and begins to trend upwards. Summary: Form double support plus indicators to see rebound, follow-up to see short-term rebound, short-term target near 36, stop loss at 32.Longby LochubTPublished 112
green lights--- ethereum classicjust noticed on the daily the green light process has started---- going to post this and watch it later for reference...have a good day traders--stay positive. Longby mooncrest-holdings-ltdPublished 110
Ethereum Classicmy 500 k investment into ethereum classic--- crypto currency that I believe I made around the same time I made bitcoin but 5 years later----who knows I made about 20 cryptos over the years---I know that much; that care of yourself first then your family----Longby mooncrest-holdings-ltdPublished 0
Ethereum Classicheres my ethereum classic trades and longs---for the next bight----hoping to see some revenue. take care of yourself; first then your family..Longby mooncrest-holdings-ltdPublished 0
Etc .. People always buy from the topsWhy people buy from the top of a currency .. There are currencies that have not moved yet!!Shortby UnknownUnicorn2886275Published 111
ETC, breaking out of the downtrend.The following content is machine translation: In the 4-hour chart, the previous pull-up was supported by the resistance at 46 and dropped to around 40. During this period, a descending trend line was formed, and it has now broken through the descending trend line. The indicator macd rebounded to the golden fork, and the RSI indicator rushed to the neutral 50 to reach the bullish range. In terms of operation, grasp the intraday low and more, look at the previous high near 46, and see the breakthrough near 50.Longby LochubTPublished 4
ETCUSD - Ascending Triangle BreakoutETC is undergoing a break out Right now on this 4Hr chart an ascending triangle can be observed, a bullish pattern The breakout should continue Eby BixleyPublished 0
ETH Classic - ShortHello Traders and Investors, ETC had a good run, but the top is in for it. HNS on the 5 minute which should push the price down to the closest support. A rebound back up to the neckline is possible after the first support is touched. But a continue in decline of the price is expected. Let me know what you think.Shortby Abdorhman-ThiUpdated 0