ETCUSDTPrice broke and retested the zone along with being in the golden pocket of the fib. Profitable short-term swing trade.
ETCUSD trade ideas
Shorting ETC with $67.8 liquidation Shorting etc with a 67.8 liquidation . My stop is it. Life savings gone if hit
EtcDouble bottomed off long term resiatnce at 59$ never held that level before which is insanely bullish. Looked to be creating a bear flag however which could be a bearish sign. If we can break 66.4$ and hold. It’s worth a trade !! Keep eyes on that level holding as support. Can rip through and back test to confirm for entry or you can enter with stoploss below and take a chance but confirming with volume and closes above is more safe
ETC/USD (Retest Previous Resistance)💎Technical Analysis Summary💎
ETC/USD
-Ethereum Classic is back at a key area of interest
-This zone has been respected as Support and Resistance level
-We can see the EMAs are confluence in this zone
-There is a good chance of bounce in the coming days
-Provided Bitcoin will remain stable or rising up
-Good luck and please manage your risk before opening a trade
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back to the classicETC looking bullish in a healthy uptrend - and on sale by the looks of it. Adding more here...
ETC/USD The price is inside an uptrend channel where the price is rising to the ceiling after falling into the middle of the channel.Write in the comments all your questions and instruments analysis of which you want to see.
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Who's down for a game of Peek-A-Boo?!?!? ETCUSD Hello Trading View Community,
Looks like ETCUSD is playing a game of Peek-A-Boo using the current resistance zone to hide and reveal itself .. If ETCUSD can manage to overcome this level, 0.382 Fib zone could be the next target zone. Keep in mind this is the 4th attempt in 7 days trying to peek above current resistance zone, if it fails we could see price drop back down to the mid/low $50s.
Thank you guys for checking out this idea on ETCUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise.
Possible Cup and Handle I believe we may be starting a cup and handle right now and if so all time highs will be in the move before 2021 is over. Good luck and hope my prediction is pretty close.
ETCUSD hovering over crucial price ! Breakout Soon ? ETC is hovering over the top of the retracement rally of 30th June and finding some resistance.
Break of this would take ETC to 130usd i.e the 0.702 retracement.
ETC current structure is quite similar to its entire bear market from 2018 that lead its way to $180.
In this structures,ETC sets a low ,retraces to 0.236 and falls down without setting a new low.
When ETC retraces back to 0.236 ,it really had to work hard on this area before the breakout.
But once it broke that level, there wasn't any real resistance after that.
So ETC may retrace to 0.702 after breaking the 66usd price/0.236 retracement level or it may follow its previous structure and head straight to its ATH.
NFA
ETC is primed for a massive breakout ! [SHORT UPDATE]ETC has been hovering over the 58-60usd region since last few days.
Now it has cleared the 0.702 retracement of the fall down from 8th August.
The structure looks bullish.
Next Target in ETC : 130USD i.e the 0.702 retracement of the whole move up to the bottom of the correction.
#NFA
ETC/USD Spot buy signal on 9th August 2021On 9th August , we have signal to buy ETC/USD on spot or small margin around 53-54 usd which is strong support area, also when RSI on H1 touch the 30 zone (oversold zone)
Trading plan : buy ETC around 53-54usd when it pullback to the strong support zone, move stop loss to entry when have profit, target TP1 : 56 usd TP2: 58 TP3: 60
Ethereum Classic ETC - MASSIVE parallel channel + TRIANGLE!- We have a huge parallel ascending channel on the daily chart, which provide us with great support/resistance!
- Bullish volume is much higher, than bearish volume!
- Ascending triangle is also very bullish!
- The price is above 200 daily moving average.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
ETC to test ATH soon?Weekly MACD bullish cross-over forming.
ETH now PoS, ETC hashrate increasing... does higher demand = higher price?
Many people missed the first ETC rally.
Could go huge......
My trade We have seen in many pairs before (xrp, btc,doge) the same formation. 7 waves before a massive increase in price.
Let’s not forget we are testing the previous All time highs.
Amazing trade right now.
Triangle Breakout Hello Traders
On the Daily chart we can see Etc is currently in a Triangle Pattern.
We are not far from a Bullish Breakout, be Patient to Receive the reward.
Im preparing to go for a Long position.
stay with the markets, lets see what happens
Ethereum Classic (ETC) - August 3Hello?
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(ETCUSD 1W Chart)
If the price maintains above the 16.722-25.179 range, we expect the uptrend to continue.
In particular, if the price is maintained above the 42.100-47.296 section, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 47.947-69.480 range, it is expected to turn into an uptrend and rise.
If it goes down from the 37.180-47.947 range, you can touch the 16.722 point, so you need to trade cautiously.
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(ETCBTC 1W chart)
If the price holds above the 0.00097 point, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 0.0013736 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 0.0012739-0.0016415, it is expected to turn into an uptrend.
If the decline from the 0.0012739 point, you can touch the 0.0007226-0.0009064 range, so you need to be careful with your trades.
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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 uptrend or in a downtrend, 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ETCUSD - Ethereum Classic Trading PlanETCUSD - Ethereum Classic Trading Plan
We have a three wick rejection on the trendline with support bouncing back, with the confluence of fib I am expecting the 63- 66 level being a particularly area of interest to determine the next move. This area could be broken with ease to the higher levels to 95 and dropping lower before going to 170's or bounce off the 63-66 level and drop back to initial support before the next big move is determined.
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