ETCUSD trade ideas
Possible move for ETC!!(UPDATE)The best purchase price is between $ 75 and $ 85. I expect a 200% increase from that level. I expect by the end of May to reach that 237$ lvl.Good luck !!
Massive Bull Flag on Ethereum ClassicHistory doesn't repeat but it sure does rhyme. If the pattern plays out as a bull flag the potential price target is $220. However, the $200 psychological barrier could present heavy resistance. Do your own research, I'm not a financial advisor. 🙃
ETCUSD TRIANGLE BREAKOUT, BULLISH CONTINUATION SIGNThe next target could be $200.
Let me know what do you think in the comments.
Please invest according to your own opinion.
Etc Starting to rip just as expected. 20 4hr ema will still give strong Ridtance at 125$ and we need to hold support at 127$ for some time. 135 is main area to consolidate or break and back test. My YouTube video I made in this explains it all. Search Eric taylor stocks. You should find me if you want full analysis
Etc!!It looks slightly bearish. But tbh it’s getting extremely tight. If ypu can get a pop above 122 and confirm could be breakout. Still upper resiatnce main long area 135-136 confirmed but seems to be holding lower support pretty well. If it drops below 116 and holds its breakdown... honestly my instincts are telling me this could break bullish here
Ethereum Classic (ETC) - May 10Hello?
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(ETCUSD 1D chart)
You should watch for any movement that deviates from 101.779-134.078.
If it falls, you need to make sure you get support at 91.012-101.779.
If you fall at 69.480, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around 13-22 May.
It remains to be seen if it can create a new wave as it breaks off the downtrend line.
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(ETCBTC 1W chart)
We have to see if we can get support and climb at 0.0018160.
(1D chart)
You should watch for any movement outside the 0.0018253-0.0023766 segment.
If it falls, you need to make sure you get support in the 0.0016324-0.0018160 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls from the 0.0012739 point, a short stop loss is required.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
$ETC. Ethereum Classic. ETC has put in some major waves. If we think the bullish attitude in crypto is likely to continue then a branch of the Ethereum family is likely to do very well.
Price right now is in a very good buy pocket. 300$ might seem like a big target, but anything closely bitcoin or Ethereum related should be viewed as pretty much invincible at this point. Personally, I think it will explode within the next week or two. Crypto has been super-volcano lately.
Longer term, anything closely tied to Ethereum should be as safe a bet as you can place. I don't even want to think about what the 2022-2023 and further price targets might be.
If you don't need to touch your money for a couple of years this is it.
Ethereum classic (ETC) - TA According to the TA ETC seems pretty bearish to the short term ( I’m planning to buy the dip so it’s great news😎) I believe it’s have a huge chance to drop about 17% of the current price very soon (like really very soon) STOCHASTIC seems about to cross bearish cross after it’s tried to cross bullish and failed. Reversal MACD (Tony creation) just bearish crossed, we see bearish Engulfing candlestick pattern, and we just broke the 20 MA to the downside, we have descending triangle that I believe will break down all the way to the 0.618 FIB lvl. I mean there is a lot of confluence here like everything on TA fits perfectly to what I’m saying, the only thing I can imagine that can screw that dip it’s the hype around that coin in the last few days.
ETCwow... insane move.. I totally missed this... look at my next chart for EOS if you missed this run
EtcCould be bull pennant which could bring us for another rip if we create a W inside here .If we lose 113-112$ level and stay below we could drop to .78$. If we can break 136$ and confirm it as support we should get another rip to the upside. In neutral right now. Might be more bearish due to daily bearish divergents but until we lose this lower support I can’t say we are going down for sure
Possible move for ETC!!I personally expect ETC to do an LH and then come a correction. Don't get carried away by the tide of growth or you may lose everything you have gained.
Update TP 1 HIT 1DayNo Trade Zone! Could go Either way too profits at 110. Big Pips but be patient it could go either way. Be very cautious of ETH movements ETC has no been moving with ETH the last 8HRS in terms of all time highs and overall Bullish Activity! Although this could be a very profitable buy with ETH Hitting 3948 could easily see 36 and lower forcing ETC to 80 Range
EtcSo far breakout pop let’s see if 119 holds as support or 123 contiues. Can go as low as 114 as back test hold of pattern downward sloping previous resistance
