ETCUSD trade ideas
Ethereum Classic - ETCUSDHello Traders
Ethereum Classic recently undergone a pump-and-dump and is currently hanging on a thread by our last major support zone.
If we close a daily candle BELOW this zone, I expect more downward pressure.
Check out my related video analysis below,
Trade Safe
Evelyn
Update
The Most Powerful Elliott Wave is wave 3.
Wave 3 coming. Warm hugs for ETC!
BTC is in Bullish (see attached idea).
Follow updates.
EtcJust noticed something on the daily here for etherum classic. Big support 100 ema on daily. Big resistance at 59.3 50 ema on daily. 21 ema daily is at 49.5 ish. So we def will see a big move one way or the other within the week!!! Keep an eye. Could be a great downside or up side money maker
EtcMy decending traingle idea may have been invalid here. Seems to have bullish divergents confirmed on 4hr here. Making a double bottom bullish?? We will have to see. Might get a breakout to the upsides only if we confirm support above 59$. Upper resiatnce here is 57.3$
Bull Pennant Formation ETC/USDA bull Pennant is forming around Ethereum Classic to the United States Dollar. If price brakes above this wedge I believe we will have a good run. We had a long slight declined consolidation for a month that finally broke a few days ago, after the retest we are left with this Bull Pennant formation.
What are your thoughts?
EtcAnyone playing ETC. I am spotting a descending triangle. Lower support 50 ish dollars upside target 39. Upside target 67
ETCUSDTRISK MANAGEMENT is very important to this analysis. Trade Responsible.
#PinoyTrderTayo!!!
#CryptoLife
ETCUSD looks really want to reach 70$-75$Nicely goes up. Hope to sell it around 70$ if he won't by exhausted by then...
ETC- 50/50 Outlook over this month leading to Magneto upgradeHello Traders,
Like most of the market, we are awaiting a continued confirmation of an uptrend.
In the meanwhile, it seems to be fruitful to follow the events and/ or upcoming upgrades.
Though not all of the apples fall from the same tree, as some events go unnoticed, so it may serve you well, to follow the more common and well known projects.
Yes, they may not put off the 400% gains but, a potential 100%-200% gains will do anyone just fine.
ETC looks to be forming an inverse Head and Shoulders pattern on the hourly chart. The daily chart may be forming a short term bearish pattern leading to a retest of the bottom trend line. Unless, the recent upward movement continues and it can push past the resistance.
In any case, I think ETC can have a strong next couple of weeks, giving a 50/50 chance of solid ROI of 80%-100%, landing us in the $120.00 range.
This week, will be big for the whole market, as it will be the beginning steps to a bullish confirmation for the remainder of the year, or a slow and steady bleed.
Good luck.
ETC: Near-term forecastHi Everyone,
Just to share a near-term forecast for ETC.
I think we've recently completed 4 sub-waves and entering the 5th Elliot Wave currently.
Based on this, I expect the 5th wave to reach at least to 67USD. This corresponds to both the 24% internal Fibonnaci retracement on the higher time frame, and also close to the 61% extension of Wave i-iii.
However, this ignores fundamentals, and the action of the overall crypto market.
Good luck!
Wave 3 coming
Now BTC is in range (see attached idea).
The Breakout of the Bullish Flag Pattern is shown in the chart. ETC is Bullish.
I think last week's retracement is related to wave-2 (Elliott Wave), as a result, Wave 3 coming.
ETCUSD H4Price has made a new higher low retesting a strong area of support below & a bullish engulfing off support occured. I am anticipating price to make its way higher now as the right shoulder of the inverse head on shoulders pattern has formed as well at the zone of interest.
ETC-USD about to take off!Looks like soon we'll see ETC-USD for at least 75$. May be even 75$, who knows...
ETC LOOKING NICE FOR A LONG SOON, FIGERS CROSSEDWith the ETH upgrade approaching this could be a great long to get in on
