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Etcbtc

Last line of support in ETC/BTCif it cant hold around 0.001 satoshi... expect downward into the unknown as there are not support below that level and it's look bad for recent chart.. it did create a higher high slightly but still creating higher low..... create a double top formation.. if this price action do broke down, hypothetical support based from double top formation would be around 0.00055 satoshi.. we will see what happen. Please feel free to share your thought about this chart. peace
by MisterCatt
There is a possibility for the beginning of an uptrend in ETCBTCThere is a possibility for the beginning of an uptrend in ETCBTC Technical analysis: . EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00120100 to 0.00108000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00120100) Ending of entry zone (0.00108000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00131370 TP2= @ 0.00144540 TP3= @ 0.00155500 TP4= @ 0.00164600 TP5= @ 0.00173770 TP6= @ 0.00197130 TP7= @ 0.00220780 TP8= @ 0.00277400 TP9= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00120100 to 0.00108000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00120100) Ending of entry zone (0.00108000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00131370 TP2= @ 0.00144540 TP3= @ 0.00155500 TP4= @ 0.00164600 TP5= @ 0.00173770 TP6= @ 0.00197130 TP7= @ 0.00220780 TP8= @ 0.00277400 TP9= Free
Long
by ForecastCity
8
Ethereum Enters Accumulation RangeAs Bitcoin starts to turn around, Ethereum and others appear to be bottoming. What I like about this play is that Ethereum has been known to run up a bit faster than Bitcoin during a bull cycle. If one was looking to stack more BTC, they can find opportunities similar to this one. Simple TA here. Ethereum has obeyed the trendline drawn from it's January '18 highs. Just over a year later, it's broken free from that trendline, established a low, signaled oversold on the RSI, and is now in it's bottoming range IMO. The upper end of the range holds resistance at around 42,000 Satoshis, while the lower end of the range holds support at 24,000 Satoshis. We can see an apparent wedge pattern setting up. A break to the upside would be a test on the upper end of the range, and a break down of the wedge would end up being a test of the lower end. I have some ETH, and am planning to sell into strength if a test at 42,000 satoshis comes. If ETH heads to 24k, I plan to buy more.
Long
by micahjmiller
Ethereum Classic Awakes (Strongest Move In Many Months)Ethereum Classic (ETC) has been sleeping for quite a while now and just made its strongest move in over a year... This opens up the doors for additional bullish action. Here are the signals that are coming from the chart: Massive increase in trading volume, highest since September 2018. Break above EMA10. First time since December 2018. Traded above EMA10 for more than a week only on July 2018, so this is quite the strong signal. Super bullish MACD and RSI. Resilient altcoin. Very likely to hold strong on the way up. A close below EMA10 would invalidate the signals above and turn ETCBTC from bullish to bearish. This is not a piece of trade advice. Make sure to hit like if you want to see more content coming out from Alan Masters. Thanks a lot for your continued support. Namaste.
by AlanSantana
3