$ETC Quick Short TradeETC has been in an overall downtrend since its high at $45.
Leg down should be soon. Highly possible to hit $21.
SL: $24.37
TP: $21.3
ETCUST trade ideas
ETCUSDT (Ethereum Classic) Daily tf Range Updated till 26-10-22ETCUSDT (Ethereum Classic) Daily timeframe range. There are lots of #scope in this chart. a lot of #scope for day trading or scalp setups. the volume is optimal here. price action is more stable than dozens other bat shit crazy alts out there. but that stability can effected by btc.
golden etc signal in 4h time frameAs you can see, Ethereum Classic has formed a cup and handle pattern and is well broken, it is expected to move up to the indicated points.
Thanks
We are waiting for your comments
ETCUSDT is testing the supply zonethe price is testing the previous demand as new supply at the 24$ area as I told you in my previous idea.
In the 4h timeframe, the price is creating a descending channel
How to approach it?
IF the price is going to lose the 4h support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ETC __ very nice short position 🔥✌🏼Hello again traders 🌱
The chart is clear but 👇🏻
This is a verry good QMR & QMC ( in other time frame )
Win rate is above 90%
Enjoy it and good luck✌🏼❤
{ please support me 🙏🏻 }
ETC ELLO GUYS THIS MY IDEA 💡ABOUT ETC is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Ethereum Classic,sell opportunity?!hello traders
ETCUSDT seems to have reached a resistance zone .
If you look to the range that I marked with a vertical line,
you can see the bearish divergence in the RSI (the divergence is more obvious in h1)
*Note: This is not financial advice
*If you zoom out on the chart, you will see how the lines are drawn
**please like and comment**
ETC could pump in the future againVolume is the key for Swing/Position trades. If you see Huge colume coming in a certain coin, it has a high probability that it will pump in the future. Investors coming in
ETCThe price has formed many bearish divergences. The price will fall to the lower border of the symmetrical triangle if it fails to break through the 200 EMA. The price will rise to the upper border of the pattern or to the next resistance level in a bullish scenario
✅TS ❕ ETCUSD: reached the support✅✅ ETC has reached the support level.
At this level, the price has already formed a double bottom.
I expect an upward rebound.✅
🚀 BUY scenario: long until 24.35.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETCUSDT, wants the weekly supportThe price is testing the weekly support as new resistance after a clear breakout from the daily support. Not the market it trying to hold it
How to approach it?
We could see a new pullback to the supply zone, but IF the price is going to lose the support (22$ area) and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Ethereum classic (ETC) have the most clear chart!Hello, everyone!
Today is the turn of my favorite altcoin. Ethereum classic have the most understandable Elliott wave structure. Last time I entered short position at $44 when the insane short have been flashed with the MACD bearish divergence. Now it does not matter, but the price have already flashed the insane long and I am going to show you my thoughts about mid-tern price action.
When the crypto market touched it’s previous bottom and formed the bullish rally ETCUSDT showed the incredible pump which had the clear 5-waves Elliott structure. The wave 5 have been detected using bearish divergence with the MACD. After the the ETC started the 5-waves cycle to the downside and we can see that the MACD have already formed bullish divergence on the 1D timeframe. I think that it was the wave 5 finish inside wave 3. Now we can expect wave 4 – it is not the market reversal, but we can catch the bounce. We also can define the clear target for the pump – 0.618 Fibonacci retracement level. Also there are a lot of liquidity of short traders which has to be collected before the new dump.
Best regards, Ivan
ETC breaks a long trend line - crazy movement ahead?Aiming for $28
Support around $22
ETC is lying dormant at the moment, and this is mostly due to BTC and other stock market factors.
However, this is easily expected to pick up.
I am expected a wild run once price closes one daily candle above $20.
I will tag this chart as "long" but beware that this could go sideways for a while (2-3weeks)
For the longer time frame, I am tagging my weekly chart below:
ETC reaccumulationI am not really bullish about the market right now but if I had to choose between ETC and ETH long positions, I'd go for ETC.
ETC showing bear candlestick patterns - Short-term downtrendYou can call these patterns Doji, shooting star, etc., however they are all bearish.
That means on the short term, there is a good chance ETC will test the $22 area. But please note, this pattern can quickly change too. That's why I make frequent updates.
Long term we are still bullish, and I've highlighted the green zone above, where any break from this point will indicate a serious bullish long term hold.
However, I've also highlighted local zones, and really low zones to buy if it drops.
I recently posted a chart saying "Have I missed the train?" That was for people who weren't sure whether they were too late.
From my previous ETC idea we hit +100% profit, and then I posted a chart for those that want to buy in. I suggest waiting for a good test of the support line for those that
haven't bought yet.
Otherwise, holders, hope this chart helps you in the long term.
Message me for any signals, my indicators, how I set this up, and other questions. I will gladly sit down 1 on 1 and talk it through.
ETC ☕ & 🖐 FORMING 🤓👇🤓👇🤓Hi dear traders
Cup and Handel Inverse forming.
If pattern confirmed we can open long position and take some profit in 1H time frame.
Wait ✋until confirmed
Let's see what happens.
This is not financial advice ( DYOR )
Good luck
ETC/USDT waiting for confirmationHey guys!
Let's take a look at ETC/USDT coin again. We see that is has been doing some interesting formations like Ladder of green candles on 4hr chart and Cup which needs a handle as well to gave a nice formation done there. So we are looking more into buy opportunity here once we break that upper line which works as small resistance now!
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.
ETC/USDT looks good to hedge shortHey guys!
Next one we will be looking at is going to be ETC/USDT pair. So we see a good possibility for a short position on Ethereum Classic so what do you think guys? will you join us on this ride?
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.
ETC analysis => toward a continuation of its bearish move ?BINANCE:ETCUSDT
The daily analysis shows that ETC is still in a bearish rectangle. We could here have a retest of the support (22.80) and once the price breaks this support , we could have a continuation of bearish move into the next support of 19.
We should wait the retest stage before shorting it.
Stay tuned and enjoy!
#ETCUSDT (Watchlist) 9 /2022 #ETHUSDT maybe worth it to add this coin to your Watchlist. 👀
(Share it with your friends)
ETC shows a chance for H&S pattern not perfect setup but holding above $25 weekly will help ETC to retest $55 breakout weekly will give it a good push to $65/75 etc
This view will be failed once ETC closes below $25 weekly and BTC breakdown $17K as well.
B
Remember Alts are totally rekt during the bearish cycle they always do -92 -95 -99% so be sure to follow risk management.
#DYOR
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project is based on gambling, prostitution, human trafficking, borrowing, lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management.
The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort so it subject to success or failure.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
ETCUSDT could grow up to 165%if the market continue to grow smoothly the target of 165% can be successfully achieved
