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ETCUSD trade ideas

ETCUSD BULLISH TREND PRICE PREDICTIONETCUSD is making a series of HHs and HLs aligned with the concept of DOW THEORY and I believe this chart will continue its bullish trend and generate decent profits for me. Additionally, bullish candlestick patterns such as Bullish Inside bar Candles and Three White Soldiers are forming after the recent HH showing buyers/bulls are currently in control of the market making a strong case for continued bullish movement. My entry point for this trade is 22.381. SL is set at 21.540 and my TP is set at 23.109. To take advantage of this rising trend, I have applied another trade but this time TP 2 is set at 23.829 which gives me a risk-to-reward ratio of 1:1.5 for my 2 trades. OVERALL RISK: approx 2% { (TRADE 1 : 115 : approx USD 90 RISK), (TRADE 2 : 120 : approx USD 90 RISK) } REWARD: approx 3% { (TRADE 1 : 115 : approx USD 90 REWARD), (TRADE 2 : 120 : approx USD 180 REWARD) }
BINANCE:ETCUSDLong
by faizannisar0
#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%. We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming! We don't see massive gains on this one, but 10% is 10%! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:ETCUSDShort
by theCrypster
6
ETCUSD Is Moving Into A Support AreaETCUSD can be ready for more upside as market can be forming a new bullish setup formation based on Elliott wave theory. Ethereum Classic with ticker ETCUSD made an impulsive five-wave recovery since December 19th of 2022, when we spotted a completed ending diagonal/wedge pattern within wave C of an A-B-C correction. A five-wave recovery indicates a change in the trend from Elliott wave perspective, so be aware of more upside in March. We can see that price is currently nicely slowing down, making a three-wave (A)-(B)-(C) correction for wave 2 after we noticed a five-wave rally into wave 1 from the previous lows. So, keep an eye on strong support here around 19-17 area, from where we expect a bullish continuation above 25.10 while price is above 14.80 low. So as long this level is not breached we expect a new turn up. I hope to see you in webinar today here on tradingview. Link can be find below.
BITFINEX:ETCUSDLong
by ew-forecast
9
$ETC about to run?Usually when $ETC starts to run, we're nearing the end of a trend. I think we might see $ETC make a move over the next week. There's high volume coming into it with a 50% increase in the last day. On the chart, you can see that ETC broke it's downtrend line and has retested it and now is basing outside of it. If it can get over $24, then the next targets are $36, $43, $49. I'd take caution here as I think the entire crypto market will reverse sometime in the next 2 weeks. Let's see if ETC moves first (and don't get caught holding this).
COINBASE:ETCUSDLong
by benjihyam