ETCUSDT NOT FINANCIAL ADVISE (NOT SUGGESTED)the ETCUSDT formed a reversal cup from 4 hour time frame, once 38.4 retested it will go down to:
1st target 35.208
2nd 33.451
3rd 31.6
4th 29.464
5th 27.539
6th 26
ETCUSDT.PS trade ideas
$ETC 4H LOOK$ETC now printed a perfect inversed cup&handle pattern, now facing the neckline resistance, if can't break the resistance, then the situation will be very dangerous
Ethereum classic bubbleThis is what i see in my huge crystal balls. As big brother transitions to proof of stake, etc will be the biggest proof of work altcoin in the world. Thanks :)
Ethereum classic encounters weekly resistance Personal idea: as trend situation shows, Ethereum classic located around weekly resistance, if the price closed above 50 it's second rally target could be price around 75 , let's see what happens next good 🙂 luck.
ETC going 35 or below?Weekly timeframe looking bearish and shows hidden bearish divergence, would it reach 35 or even below?
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Ethereum Classic (ETC) - April 7Hello?
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(ETCUSDT 1W chart)
Primary resistance: around 68.79
Secondary resistance: 90.48-101.33
Support: 36.26-47.10
It is important to be supported in the section 36.26-47.10, so you need to check it.
(1D chart)
(buy)
- After confirming the support around 36.26
- After confirming the support around 47.10
(Stop Loss)
- When it drops from 29.66 and is resisted
- When it falls below 26.52
(Sell)
- When receiving resistance near 68.79
- When resistance is received in the section 90.48-101.33
However, if it rises above 57.55, a sharp movement is expected, so careful trading is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Ethereum Classic Potential BART - the next WAVES?Ethereum Classic / BTC 1D chart is showing a breakout in price, but with very low volume compared to April last year.
Price is currently quite high, and as you can see on the ETC/USDT 1 hour chart, buying volume has been falling and falling.
In the last few hours, we have seen selling increasing a lot.
You can also see the red volume falling underneath and retesting the Blue trendline on the Volume Oscillator, indicating a potential downwards move. What this basically means is that the buyers volume was rejected at a certain point and the sellers are taking control.
We also see a bearish Head & Shoulders pattern form on the 1 hour UNDERNEATH the Blue moving average price trendline, inside of a bear flag.
We could see a MASSIVE drop here - the chart is quite similar to WAVES - we are seeing distribution here at high levels after a low volume pump.
So why do I say BART?
Take a look on the 1 hour chart on the right. Look at the Volume oscillator. Do you see how price is rising but Volume is going lower? (See thick red resistance lines drawn.) This is bearish divergence in volume and detects MID TERM DISTRIBUTION.
Resistance is at 46.4 on Kucoin, or you can breakout trade. Good luck.
long ETCUSDTLong opportunity on ETCUSDT with leverage X5-X10.
Entry: 46.500 - 46.700
Target 1: 49
Target 2: 52
Target 3: 54
Target 4: 56
STOP LOSS: 42.500
ETCBINANCE:ETCUSDTPERP
I just mention all the target and book trade at ETC platform storm gain where the TP I put 49$ price
and a stop loss 44$ now current position is 45.865 its been good day to see a shot like that I just say Hurra like PUTIN
watchout!!!just an alert!
i dont think its going anywhere soon.i'll wait for short opportunity.
if u have long position any weakness is dangerous. i hope u manage it well.
A and C waves are mostly sharp so don't be excited.
happy Nowruz and good luck❤
ETC - SUPER BULLISH OUTLOOKwe se long accumulation in descending triangle pattern, and then etc move to 1st wave followed by second wave, before we see the third wave support level etc on 40usd must be arrived, for next long leg movement... (DYOR)
ETC is likely to retest $38-40As we see, ETC has broken below the ascending wedge, it will likely retest the support at $38-40. In a positive case it could return to the wedge and enter the $53-55 zone, however I think this is less likely.
Short _ ETC Looks good!
But if we are not globalized then are we are normalized?
We still need to take part ...
like ETC is doing now, quickly and vertically!
Let's C ... $55+ by April 1st is my target
ETC TECHNICAL ANALYSIS (Ethereum classic) ETC graph technical analysis, please give me feedback or any criticism that you may have on my analysis that would be greatly appreciated and feel free to comment anything that will also be very appreciated!!!
My thoughts on Eth classicMy 2nd mark up using Market Structure and Price Action..but crypto currency is unpredictable
SHORTreacted by resistance. indicators say sell. a profit like 15% can be seen, i opened 3x short, i will take position according to support resistances
Will ETC continue to advance or will there be a correction?After days of impressive bullishness, it seems that ETC is trying to replenish energy before breaking out of the $50 target, but we need to wait for more market and BTC .
Etc Ready to be shortedEtc is having a pump but due to the recent low high we concluded that the etc will no longer pump thus ready to be shorted around 49-50 dollar mark
