ETHEREUM CLASSIC: IT WOULD BE NICEHi guys, i'm honest...i'm hoping for this.
I don't think market can pump in a few week like my green arrow, but in a few month maybe the situation could change.
Someone has Etc since last bullrun? Your plan?
ETCUSD.P trade ideas
ETC for the win and post-merge hash rateSuper bullish on ETC. The simple fact is that all of the mining hardware of ETH post "POS" needs to be relocated and ETC is likely the easiest home for all of that Hashrate. DCAing in this area for sure but don't take my word for it, This is not financial advice. The price action is now at a sliding parallel and looking for something interesting around the next reaction line. Loading the bags ...
ETCUSD (4H) - Bearish reversalHi Traders
ETCUSD (4H Timeframe)
Waiting for the downward break of 20.80 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 25.15 would cancel the bearish scenario.
Trade details
Entry: 20.80
Stop loss: 25.15
Take profit 1: 18.30
Take profit 2: 15.55
Score: 6
Strategy: Bearish reversal
ETCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 76.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
ETC, is expected to head and shoulders top.The following content is machine translation:
In the 4-hour chart, the pattern structure is similar to the head and shoulders pattern, and the shoulders are currently forming, which is bearish.
The fast and slow line of the indicator macd runs above the zero axis, and the opening is distributed downward. The RSI indicator has dropped from the overbought area to the current neutral 50, and the trend is downward, and there is still room below.
In operation, the head-and-shoulders pattern cooperates with the macd indicator and the RSI indicator to weaken and bearish, and go short on rallies within the day.
ETC breaks through the descending channel
etc has broken through the descending channel
Bulls are strong
Expected to rebound
Short-term pullback can buy
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ETCUSD ❕ trade in rangeETC is down in the trading range.
Price has fixed under 50MA on 30m Timeframe and is testing 100MA.
I expect the continuation of the fall, if the price will fix under the support level.
ETC Analysis (for practice) The yellow lines here are the daily unchecked levels I identified. Price seems to be making its way down to check the 28.75 level, with some stops along the way (Stops being unchecked levels within the lower timeframes).
The tan lines indicate 4-hour unchecked levels, one of which the price has recently checked (tan dotted line).
If there aren't many institute buy orders here at the 4hr levels, we shall see the daily level get checked soon, imo.
* This is not financial advice*
TRYX ANALYSIS | ETCUSD |ETCUSD we have 2 important areas, one at the moment, from $ 35 and one at $ 20. Both are good, but we'd rather buy from $ 20.
Ethereum Classic Price TargetBased on the formation of the bullish flag pattern on the daily charts, i've come to a price target of $77ish, within the next week. Buy in now, exit at 77.50.
ETC, could be a gold mine, might fail miserablySome major bullish factors for ETC:
1) Mystique hard-fork solving the double-spend issue and strengthening the chain back in February
2) The "fifthening" in 2 days (April 15th), block reward cut by 20%
3) ETH live testing (ghost network) PoS chain right now, target date for complete implementation June, miners likely switch to ETC en masse.
4) on ETC:BTC pair it's well above all daily MA's
5) Using 50D MA as support
Bearish:
1) Held under 200D MA
2) Market barely holding support, with ample bearish sentiment across the board
3) Lots of resistance above between here and $54
If the market pumps ETC could go bigger than we've seen a token go in a while, but anything but a strong bull market and this token has so much resistance above it there's no way it'll break out.
ETC Ether Classic Bull Flag? Ether Classic (ETC) could be ready to go. If Bitcoin continues to trade sideways or push higher, I expect ETC to break to the upside. ETC has a lot of potential with the coming POS transition on Ethereum in which there shall be an exodus of miners. Some may argue this is the very reason that ETC exists, because of the changes coming to ETH. In the end both of these are run by individuals so neither has the shine for me that Bitcoin does, but regardless... Let's see!
downtrendetc is in a descending channel
continue to be bearish on him
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retracement will happenanother bull trap like last time etc is not ready yet and btc is not moving much during this price movement i fear a bull trap
This is about the time where we look for buy entries Looking for a major quarter point rejection at the 30.00 around the weekly demand zone or at the daily supply turn into demand zone colored in purple and go for the buy . Price action looking for rejection at key prices which are quarter points and check out the trend what phase are you in when trend are you by identifying what break of structure activity is doing. Down up or consolidation.
After this buy rejection I don’t think we will be seeing ever these low prices going to the 1000000 lmao let’s go to the moon.
ETC dome top
etc. has already peaked
It is expected that there is still room for decline
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ETC, step back and rebound.The following content is machine translation:
A wave of heavy volume rose and pulled up.
Pullback in resistance near 50.
Support was found near the previous resistance at 38.
The big Yangxian rebounded yesterday.
In terms of operation, it fell back to more than 40 today, and fell below 38 to stop loss. If the rebound is successful, look at around 60.
