ETCUSDT trade ideas
ETC IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ehereum Classic Cup With Handle ReentryThe IHNS failed and stopped out but now we are at the bottom of the Handle's Channel and at the 800 EMA i'd say that it's gone down enough to try a secondary entry on ETC just to see if the Channel holds strong if it does i'll be looking for a test near the highs ofthe pattern and a potential breakout.
ETCUSD: Potential Slanted Inverse Head & ShouldersWe have an IHNS within this Potential Cup with Handle that could take us up to atleast test the daily open again. If we can get by the daily open then the next target will be the Channel Resistance and if we get above that then we will be going for Cup with handle targets.
ETC/USDT waiting for confirmationsHey guys 👋
ETC/USDT has been pretty negative for the last few days but that was expected as well (Due to the fact that it got pushed on weekends which is not an usual thing to do). Currently we are still inside that triangle formation and we would like you to keep in mind those two "liquidity grab" zones. we might be touching them from time to time until we get a clean breakout or breakdown!
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
✴️ The Law Of Alternation | Ethereum ClassicYou remember we looked at Ethereum Classic, saying it was consolidating above EMA100. This is exactly what happened back in July 2022 before additional bullish action.
Currently, consolidation continues to take place above this level.
Are you aware of the law of alternation?
This is another one of Ralph N. Elliot's finds.
It goes like this, in each cycle patterns will alternate, for example:
1) If you get a regular top, the next cycle you get an irregular top. BTC produced a regular top 2017 and an irregular top 2021.
2) If you get a simple correction on the 2nd wave, you get a complex correction on the 4th wave.
3) If you get a short consolidation phase, the next time you will get a long consolidation phase. Alternation.
The previous ETCUSDT consolidation above EMA100 was short in duration, just 7 days, this one is already becoming long at 20 days...
What I am trying to say is that I believe that we will see additional growth in the coming days.
Exactly how many days I don't know and I don't care... We plan, trade and focus thinking of the bigger picture.
Namaste.
Ethereum Classic ETC price is preparing for a "shot up" ?Today, let's talk about Ethereum Classic and the prospects for the ETCUSDT price movement
There are two reasons for writing and creating today's idea:
1. The ETCUSD price has reached the target from the previous idea, showing +50% growth in January 2023:
2. While many altcoins have been actively growing over the past few days, the ETC price has been stuck in consolidation all this time. Usually, breaking out of such consolidations is a powerful impulse. Since the crypto market is currently experiencing an upward trend with hints of a possible correction, we have the following assumption:
ETCUSDT buy zone is in the range of $21.6-23.6 with a possible further strong impulsive upward movement, where t he first target is $32, the second target is $42
ETCBTC has a growth potential of at least +25% to the first strong mirror level from above.
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ETC/USDT "Triple Top" spottedHey guys!
Next one on our watchlist is going to be ETC/USDT pair. We noticed a nice "Triple Top" pattern here which is currently sitting near "neckline" zone. On a Daily chart RSI looks still a bit overbought so let's wait for additional confirmation for bearish movement here.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
✅TS ❕ ETCUSD: triple touch resistance✅✅ ETC failed to break through the resistance level three times.
After the last attempt, the price bounced down.
I expect the fall to continue after consolidation under the support level. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
ETC/usdt 1HHello friends, I hope you are well. My personal opinion about Ethereum Classic is positive and after the price exits from the upper line
First target_23.52
Second target_27.24
The third target_32
Fourth target_45.66
The fifth target is 51.65.
This trade is spot for the spot market and according to your risk and capital management, set the first stop loss at 20.87, after breaking the ceiling of the pattern, set the stop at 21.50 and at the end 22.10 for the stop.
ETC LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You