Correction bottom.First time finding mid term support in days.
Negative momentum decreasing.
Bullish divergence.
Looking for falling wedge breakout.
Time will tell.
ETCUSD trade ideas
Ethereum Classic - When to get in on the next buy
Hello everyone:
ETC has managed to push up quite a bit since the beginning of 2021.
We can clearly see a strong higher time frame bullish impulse move, pushing up the price to the upside.
Naturally, the markets needs to correct the bullish phrase by forming some kind of correction structure/pattern.
In this case we start to see a clean descending channel correction.
AS we know, correction can certainly go in indefinitely, so its best to have a plan and management to get in.
Few scenario I can expect the next move up would be,
Price continue to correct within the channel, as long as its corrective price action move down,
then we can see expect the price action to complete eventually.
This will lead to the confirmation breakout from this descending channel correction,
and I would look for some sort of lower time frame continuation correction to get in the on the buy to the previous highs of the correction,
and the all time high as the next target.
Patient is key to wait for correction to complete and confirmation breakout and continuation is key.
Thank you
ETC Tight consolidations going too 200$We been getting a huge consolidation lately and its bound to shoot up soon
EtcWho got that dip my order filled at 84$. Looks it may have dipped lower. Had buys down there. We will se how it plays out
ETC watch for breakoutIf this can break out of the structure and get above $100 there could be a nice trade opportunity. Setting up for obvious bullish divergence on multiple timescales. BTC needs to find the bottom first though.
ETC continuation playETC had a major run up from ~30 to ~150 and has formed a bullflag pattern on the 4hr chart, (or falling channel )
The price has held $95-100 before and if it holds again, which it seems like it will, could form a double bottom pattern
The RSI has returned to levels that are lower than the previous runup, which indicates a strong bullish divergence
The awesome oscillator has also gone to a new low point which is further indication that a second runup is about to come.
Previous resistance gives an initial price target of ~150
A simple duplication of the prior run up gives a final price target of ~ 220-230
Fibonacci extensions point to ~260, seems unlikely though
PT 1: $150
PT 2: $220
Moon: $260
Buypoint and confirmation of bullish trade would be a bounce of 98-100 support
However, if it breaks and holds below $95 it could go lower
We Buy Etc With What We Earn From Crypto.We decided to use All the Profit we earned from cryptocurrencies to buy Ethereum Classic.
We ask for $ 95 out of $ 86 All of Ethereum Classic. If anyone is afraid or wants to take profit, he can sell it to us without hesitation
It is not investment advice. Just watch.
I love to shake the stock market. Imagine that the guy who buys at $ 180 is selling me for $ 90. It's not a joke .
Some people think the stock market and the technology don't really know how it is progressing.
Tomorrow what do you think will happen when Vısa etc and eth proceeds with btc. etc will it be $ 1?
There is a maximum supply of 210.7 million pieces in the world, even if you want to be excavated, you cannot buy it.
There are 116,313 actively. Some may call us Fomo. We are really afraid. Because we will always have the power to buy from $ 1 to $ 10 to $ 20, tomorrow we will be able to buy one for $ 1000.
In general, we invest in the coins among the top 300 and share our risk.
sharing risk is not the way you know it. we make long-term investments.
pump coins = min 1h - max 16h we go in and out.
We are afraid of becoming a Stop Loss. We enter Buy Limit on it. It stops the price.
We do not care about the additions in the Buyer-Seller section in the Market, we act according to the Graphics. We never race for price.
As we rise, we sell 85% of the goods we have, just below the hill. We use the rest for price reduction. Since we say 1000 $, we will sell it for less than 800-900 $.
ETCUSD H2Price is currently in consolidation after the last strong impulsive move to the upside. Price is nearing key support structure below, where a reaction has occurred in previously. Watching for the dip down again into support, & for lower timeframe confirmation of a buy opportunity at the zone below, where then buyers may step in to break the counter trendline & start the next impulsive stage of the current uptrend.
EtcBased off ichumochi cloud we are tapping the red resiatnce box at 105ish. If we start falling below im out but I am currently buying off that level.
EtcI’m ladderinf into a trade with a stoploss below 103. Giving this a try nothing really confirmed yet but I have a bullish idea here forming. Almost like we backtested breakout of failing wedge. We’ll see how it pans out could roll over. Trade at your own risk. Stoplosses tight
$ETC Ethereum Classic I loved this since day 1Ethereum classic Ive been messing with since single digits..Made great moveement over the years..>I seen the swing from 100 to 150 range its nice play
Ethereum Classic on its way downYou can see its creating lower highs which means a strong downtrend is in progress. Would expect to see this move faster to about 50-60~, which is an Ideal entry.
EtcDon’t be too fooled. Testing resistance at 117 4hr 20 ema. Upper sloping previous support of pattern fail at 124 see how it plays out. Confirmed hold flagging out support at 127 would be bullish. I’d stay wait and olay a consilidation breakout if it even could do that. Still looking for 80$ even thou my 105-90$ box area did maintain support so far. We will see thou
EtcExactly why I said safest entry is support confirmed above 135 area. Break down could land us at bottom of upper channel support at 82$
ETCUSD 4H Idea Idea 9 May 2021Continuation
Fundamentals: tulip-mania vibes
Technical analysis: speculate on behaviour
ETC $70-100+ Target UpdateHello traders, I made an idea before about ETC hitting $70 in the near short term. With alt season right around the corner, I believe that we might see the price action go past our 1.618 levels very quickly. So I figured I would post this just for some price targets to follow. as we make our way up! Follow the Fib levels on the left side :D
In this idea linked below at the time $70 was our target but I believe we will see levels of $100+ in the near short term.
1HR ETC $70+ Soon! Idea:
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Happy Trading! :D
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