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Ethereum Classic

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ETCUSD trade ideas

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.
COINBASE:ETCUSDShort
by BTrilliesMaker
1
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
KRAKEN:ETCUSD
by Erictaylor
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.
COINBASE:ETCUSDLong
by Ravich000
7
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.
COINBASE:ETCUSD
by VincePrince
7