ETCUSD trade ideas
ETCUSD Bull Flag Breakout ConfirmedNice breakout of the bull flag on 1 HR timeframe. Stochastics have curled upward and crossed over, signaling a reversal.
Look for price to hold VWAP and push for a higher high. The RSI is strong.
The next two key pivots are marked with dashed lines. Those are my targets to lock in profit. Let's GO!!!!
Please like if you like my analysis. Thanks and GL with your trades.
ETC Back From the Dead?Looks like Greyscale just bought a bunch of ETC at $10. God knows why. Monitoring the situation.
Bullish scenario is a rally towards $30, best case scenario $50ish
Worst case scenario... back to $12. Under $10? I don't think so.
I charted this pitchfork 8 months ago... And wouldn’t you know it looks to still be in play. Honestly, I would BTMfd to 20$
ETC - Ethereum classic: strong bullish on weekly timeframeEthereum classic has just forcefully broken the resistance zone between $ 10 and $ 12. The potential released by this breakout is first $ 25 and then $ 43.
I hate it when I’m right, not really tho. Just noticed she’s taking off. What’d I say? Look to be at hi right now. I’m looking for a dip. Be safe y’all!
Hit that tip jar in my bio up 🙏🏻
Popular crypto week to date comparisonBTC, ETH, BCH, LTC, BSV, ETC & DOGE week to date comparison. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
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7 Common mistakes:
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Beware of analysts motives
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FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
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ETCUSD Technical Analysis (Ascending Triangle)Introduction
ETCUSD looks like it will hit at least 12.633$, with a maximum upside of 15.81%. There has been a breakout of the pattern as well, so a rise in price is expected to occur soon.
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Technical Analysis
ETCUSD has just broken out of it's ascending triangle, and is headed for 13.707$. There are two targets for this trade, and the stop-loss is just below the upper trend line of the triangle. Here is everything else concerning my analysis:
Entry: 11.816$
Stop-loss: 11.479$ (3.11%)
Target 1: 12.633$ (6.96%) Risk to Reward: 2.24
Target 2: 13.707 (15.81%) Risk to Reward: 5.02
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Final thoughts
Lets see how things turn out! I was kind of late to post this trade, despite having alarms set, but I managed to finish it before a substantial rise in price occurred. Hopefully everything works out well, and good luck and great trading! (Links down below to past successful ideas)
*not financial advice
ETC weekly chartETC has broken the triangle to the upside,and now it is around a important resistance level.
I'm waiting for ETC to close this weekly candle above the resistance level.
ETC/USD This is a Sleeper $ETCThis coin will do numbers I expect too see $30 Easy this Cycle(That's super Conservative) really the sky is the Limit, Every thing has literally Just retested support, 4HR MA Cross to me Signals the Start of its run, Best to Sit back and enjoy the show for the upcoming times!
ETC UpdateETC price reached resistance and traded down on higher volume, it is likely that it will decline to test the support or floor. If it trades back up to test resistance, on higher volume, it might have enough buy momentum to trade up through resistance into a new trading range.
Trade and invest at your own risk.
Is ETC (Ethereum Classic) Set to Melt Faces?KRAKEN:ETCUSD seems to be in the early stages of a Wave 3 move.
May be the last chance to accumulate. ETC may just melt faces this summer.
Ethereum Classic & the Contrarian TradeWith Ethereum having gained +1000% over the past 9 months, we must consider the fact that Ethereum is migrating to a PoS network. This will take a number of years to roll out and many projects that were built on the PoW based ETH 1.0 will have to make a decision on whether to move to Ethereum 2.0 or look for alternatives. Ethereum Classic and BSV will be the choice PoW platform with smart contract capabilities.
ETC suffered a series of 51% attacks recently that have only made it stronger with new upgrades implemented as a result.
Ethereum Classic has a capped supply just like Bitcoin. It has a capped supply at 210 million thus providing a sound monetary policy.
Looking at the chart, we can see that the price is currently 420% from its all time high which was set on 08 January 2018. We have seen considerable buying volume enter the frey since mid-November 2020 and a massive green candle on 04 January this year, pushed the price above a flatlining 120 EMA ($7.15).
If you are looking to take some gains from ETH/USD off the table, this might not be a bad little contrarian speculation. ETC/USD is a beaten down crypto that receives very little favorable press but as far as we are concerned, it has sound fundamentals.
