etc triangle 4 time frameEthereum Classic is in a triangle and if macro conditions are positive, it can grow well
ETCUSDT.PS trade ideas
ETC double bounce - bullishETC double bounce, bullish sign,
however, it's not the strongest of signs.
If things take off, most likely it will follow the dotted line scenario.
Longer chart with a full break out linked below - on that one it isn't fully ready yet
ETC - Have I missed the train?This is a slightly alternative view from the my previous on ETC's bullish double bounce.
In this one I want to focus on people who think they've missed the chance.
This depicts a text inverse head and shoulders (bullish) pattern. If this plays out as I have drawn, then the only time left to buy would be around $19.
For those waiting for an additional bearish phase, this would be a good time to pick this up.
Otherwise, continue following the other charts.
I will link them below.
ETC (watching price action)ETC / USD
Multiple attempts to break the major resistance on high time frames
The yellow area marked in my chart is very important for watching to see how the price action will play out
-If bulls cleared the resistance with weekly candle close above trendline this will be a sign of strong bullish wave coming in next days/weeks
-If a weekly candle closed with bearish engulfment the bullish view will be invalidated… so lets see how the bulls will act here
ETC - 4H BearishETC has a nice and neat upward trendline, and the price is touching the trendline again. We have some weak signs for continuing the growth, and it's more likely that the price will cross the line.
There is a lower high, where we had a powerful rising candle that didn't continue. These signs show us weakness.
ETC LONG POSITIONGoing long on ETC on a 4x leverage. hopefully we hit target. Like and follow for daily analysis. Btc determines the trend of the market. Do your own research.
ETCUSDT longLast week i talk about the sell ETCUSDT had, which it is done with and i said it was a pullback, even it was. We still got a good trade with the pullback. It is now done with the sell pullback and we are expecting a bullish run. Overall, we are in a bearish channel or a flag and am anticipating a beak out follow by bullish move. So what do think guys?
can ETC see $90?#ETC/USDT
$ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down.
🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming weeks.
🐻 but if bears break down price inside ascending channel price may drop to $25 and even $18.
ETC/USDT LONG1. Broken resistance zones.
2. Entering a position on a retest.
3. Trade in the direction of the trend.
ETCUSD ❕ the price try to break the upper boundary of channelTD Sequential formed a reversal signal upwards (4H TF)
ETC tests the downtrend line on RSI (1H TF)
Price and RSI have formed a bullish divergence (30m TF)
I expect that the asset will try to break the downward channel and after fixing above the resistance level will continue the upward movement.
ETCUSDT 1H TA; Resistance Zones According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
⚡️ETC/USDT LONG TRADE SETUP⚡️ETC currently retesting the upper trend line and we can go long from the current level for short-term gains.
#LONG ETC/USDT
ENTRY: BUY AT CMP AND ADD MORE TO $38.660
TARGET : 15% - 20%
STOP LOSS: $37.617
LEV : 10X - 20X
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
ETC can break the resistance after testing the support @ $33/$34ETC can re-test the resistance if it stays above the support of $33/$34, otherwise it will drop to the next support level at $26/$27.
Here it can try to break the resistance or break down the last support and a good occasion to buy it cheaper at 10/12$.
ETC, time to retrace, mmkayBINANCE:ETCUSDT
COINBASE:ETCUSD
BYBIT:ETCUSDT
Impressive run on Ethereum Classic, stats show it's getting time to retrace.
I imagine ETC will test and reject the blue trendline.
General Stats:
Daily Vol % change: -27.88%
Daily RSI is way up there: 84.33
Short Target #1: 36.9
Short Target #2: 33.8 to 32.1
It is important to rebalance the chart when a level is broken, this also means adjusting targets.
ETUSDTPERP (SHORT)Just follow the Elliot Wave counts orderly and use them as your guide in following the market. Note that ending diagonal 5th wave means wave 4 went beyond the territory of wave 1 but should not go beyond wave 2 for 5 wave uptrend TP will get invalidated.
ETCUSDT outlookA triangle pattern is definitely a price Continuator, where the price is breaking out of this pattern
If successful, $60 is easily available with a stop of at $38
that's mean RR=1/8
ETCUSDT SPOTETC is going to PUMP (my view!)
ENTRY : 37.627
TP : target_1(42.157) and traget_2(50.31)
SL : 36.39
NOTE !!
- wait for 1h confirmation candle
- after target 1 , risk free the position and aim for target 2
ETC Going DOWN OR UP SEE MY Analytic 😎on hourly TF, started ranging above the major support but building out ledge below the downtrend resistance line. This might be a Accumulation before a breakout or a distribution for a pullback. If you entred the position then hold this proper stoploss
ETCUSDTPERP 073022Why am I taking this trade?
1. Bullish at HTFs and also TRBO on Daily chart
2. Reacted successfully at the 5m Order Block and made an impulsive move that caused a Change of Character at 15m TF
3. There is a possible liquidity grab
4. Potential calming of the RSI currently at 50 level at 1H TF
etcusdt 1 hour#etcusdt 1 hour
It has a good shorts position
Targets and stops were identified in the photo
ETCUSDT outlookDo you think ETC/USDT traders will agree on a bullish rally, where they have formed an Ending diagonal at the end of C wave after a triangle pattern?
Do you agree with me?
ETC the new EThLooking forward to short the thing.
Theoretically ABC by the technical aspect. 100% of leg 1.. is it the top? RSI overbought, ATR looking down... BTC looking weak.. OB 24$ would be my target.
NFA
