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ETCUSD trade ideas

Ethereum Classic (ETC) - May 10Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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. ------------------------------------- (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. -------------------------------------- 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. -------------------------------------------------- ------------------------------------------- ** 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)
KRAKEN:ETCUSD
by readCrypto
4
$ETC. Ethereum Classic. ETC has put in some major waves. If we think the bullish attitude in crypto is likely to continue then a branch of the Ethereum family is likely to do very well. Price right now is in a very good buy pocket. 300$ 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.
KRAKEN:ETCUSDLong
by emehoke
2
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.
KRAKEN:ETCUSDShort
by amirhemo
8