ETC.786 retracement around 57-58. I’m buying yes it crashed a lot lower. Was bought up instantly. Starting to rebuy ETC here. Was stopped out at breakeven when I bought at 84$
ETCUSD trade ideas
Possible Bottom- Although not confirmed yet, Ethereum started a strong rejection of it's previous high, and it's 50 period moving average.
- In my opinion, it's likely we will see higher highs and higher lows on the 4h time frame within the upcoming weeks.
- If that's the case, in my opinion, it will likely slowly continue to the upside, a bull run to the $300s is likely.
ETC/USD BULLISH TRIANGLE BREAKOUTETC is forming a nice bullish triangle and we could possibly see it break to the upside. However, a break to the downside could see it retrace quite a bit. Most cryptos are pulling back right now.
ETC to 500 LONGI have been tracking ETC since about 2$ and I think the end target for the season will be around 500$. we are in the last portion of an accumulative coil, rounding bottom on a cup. lets see the squeeze :)
Possible move for ETC !!The buying position is between $ 92 and $ 93, this idea will be considered only if we manage to break that resistance from $ 89. Good luck!!
Inverted h&s with negative momentum decreasing Still looks to be in this giant flag?
Possible inverted head and shoulders.
Negative momentum decreasing.
MACD looking to pop over.
EMAs converging.
If Elon can stay off his phone for a few minutes maybe we can see a pattern play out.
Be patient.
Trade smart.
ETC Falling Wedge with Hidden Bullish DivergenceBreakout and backtest complete, higher low and Hidden Bullish Divergence on daily timescale. Dropping volume on the way down adds to sellers' exhaustion argument. Targets: top of the structure, measured move confluent with psychological resistance and 1.618 fib level. By far my favorite crypto chart right now, showing very similar set of variables to BCH trade that got us 100% returns 2 weeks ago.
ETC - Ethereum classic support around $81 - $83 5/18/21ETC - Ethereum classic support around $81 - $83 5/18/21. Next move up above $100 few days after.
Just an idea, Not Financial Advice. Your trades can go to $0.00, do your homework!!
ETC DailyNot an advisor.
Here is an update to ETC. This is the daily chart, a lot of time left before this daily candle closes but I thought something was worth pointing out.
We have a potential Hammer reversal candle playing out.
I have this chart under log scale so you can see the rapid growth of ETC and you can see the overall trend just a little bit better.
If this Daily candle closes as a Hammer Reversal, we stand a good chance to start rising up into that pitchfork and seeing further uptrend until ETC is absolutely ready to breakout. I don't believe its quite there yet because the bollinger band isn't squeezing to solidify further breakout.
The Hulling Moving Average is still above the current price, and is acting as a magnet to keep the price from further dropping. It appears to be trying to pull it over to get it above the down trend line we are currently seeing in the consolidation (flag) zone. The longer this flags out the more accelerated the growth should be. In which we were just given price target for $500. Could very well be on our way to that. Time will tell, this still has plenty of time to play out. Daily timeframe and 4 hour are my favorite time frames to watch this unfold. Plenty of time to see what is happening with the price action. This is still in strong uptrend, just currently trading sideways. This is a good thing! RSI is at 54 and appears to be a little flat yet. Watch for that to curl up.
Not much has changed with this, its still in uptrend. Simply waiting for a reversal candle to play out to continue to rise up.
ETC Tight consolidations a large breakout is going too happenSame plaining scenarios Should be seeing a climb in a month max but it could happen sooner or just consolidate some more
ETC - did we find classic support?Following my T2 posts, the market is at the daily low, this presents a nice buy-in spot for classic which follows T2 well
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ETC updateNot an advisor.
As previously posted, I have a price target of 200 for ETC. Giant flag, Simple as that. Well, one thing I'm seeing based off the chart is volume is basically dead. Which is a strong indicator that a price movement is to come about. Average volume usually drops down tremendously before a breakout. We have a nice reversal candle. Bollinger bands are squeezing up, another good sign for breakout after consolidation. Looking for these next few candles to come up and break through the 200 MA, if we don't there is a strong possibility that we drop lower. However, I believe we have the strength to bust through this and get started to to see some new highs, it will take some time to see it. But we should be under way in retesting the previous high. Stoch indicator is curling up on the blue line, once that crosses over the orange that will signal additional strength to the bull run. RSI is at 49.87 currently, I typically consider that bullish once it crosses over the 50 from how I've been taught. (situational- this would be a situational time)
ETC WILL BREAKOUT VERY SOON!!After an amazing run to $175, ETC is in a period of consolidation with reduced volume and has formed a strong support at $80.
IF Bitcoin descends even lower to 46k, ETC will most likely retest the strong support.
HOWEVER I believe Bitcoin should breach its current resistance line meaning ETC will continue its next leg up and form a breakout!
TARGET 1 $180
TARGET 2 $300
ETC support and resistamceHi everyone
In this analysis, I tried to show you the support and resistance of the classic ethereum in the weekly time frame. Take a close look at each of the tools and indicators used on the chart.
