ETCUSD
Ethereum Classic (ETC) - August 19Hello?
Dear traders, nice to meet you.
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There is a big bad news for ETC, so I think careful trading is necessary.
New investments are not recommended.
I think it is necessary to trade to preserve profit and loss as much as possible.
We have to see if we can climb above the critical section of 8.3.
You need to make sure you can get support at the 7.008 point.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
ETCUSD: Example of Buy TradeHere is an example of a long trade, which is based on a breakout above the local downtrend and SMA100. It is a trade in the direction of the main trend.
Buy above 7.10USD
Stop below 6.70USD
Profit Target at 8.00USD and 10.00USD.
Risk per trade can be no more than 5% of the capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Analysis & Signal ETHEREUM CLASSIC / TETHERUSHello, everyone!
ETC - break out falling wedge pattern, with a declining trend and large candlesticks shadows from top to bottom (what shows us the strength of the buyer)
In addition, we have a local uptrend, the last impulse was from 6.25. Therefore, the considerations are as follows:
ETC | USDT (Binance Spot)
Enter(current price) 6.8-6.9 at 1/3(deposit)
Second limit order 6.7 at 1/3(deposit)
Stop: 6.4
Take-profit: 8.6
P.S. More bonanza more development for us)))
ETC/BTC (Target Key Support Below)ETC/BTC
-Ethereum Classic broke the local support at 6174 sat range
-The price started falling further, If we look at the chart
-We can see the Key support is located around 5000 area
-This zone will be crucial for the Bulls
-But will be another buying opportunity for potential strong bounce reaction
-Aggressive traders will start scaling in at 5000 area to hit a high reward trade
-While conservative traders will wait until the break of trendline resistance
-If you are a long term investor, I recommend buying at key support
-This will give you more buying power to load your bags :)
Ethereum Classic (ETC) - August 12Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We'll see if it can rise above the 7.008 point.
If you're supported at 7.240, chances are you'll touch near 8.3.
If it falls, we need to make sure we get support at 6.264-6.442.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Ethereum Classic: Buying Opportunities from the Main Trend LineWhat do you think about Ethereum Classic? From my point of view, it is not so interesting as Ethereum, but for swing trading, it can be used as a part of the trading portfolio.
The price reached the resistance zone formed by 7.50USD and 8.00USD levels. It is possible to use a breakout above this resistance zone, but I think a pullback with the further reversal from the main uptrend line, it will be a better trade.
Stop orders for long trades should be placed below the main uptrend line. The profit targets can be 10.00USD and 13.00USD resistance levels. Risk per trade should be no more than 2-3% from the trading capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Ethereum Classic (ETC) - July 29Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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You need to make sure you can get support at point 7.008.
If you are supported by rising above the uptrend line (3) and above 7.685, you are likely to rise above 8.3.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
$ETC / #USD, Doesn't want to be left behind...$ETC / #USD
Doesn't want to be left behind & is trying to catch up w/ #ETH
Currently retesting ~7$ level (potential 12H R/S flip) & increasing volume
Also UCTS indicator is showing a buy signal on multiple timeframes
Continuation should allow ~8.5/10$ as targets
#ETC
LARGO - ETC - Oportunidad de CompraEl FTX:ETCPERP ha sido una de esas monedas que ha reaccionado de manera muy positiva a la alza repentina del BTC, consiguiendo por fin romper la gran resistencia del MA200 en la gráfica diaria. Es una moneda que ha estado durmiendo por mucho tiempo, y ahora que el ETH y el BTC se estan reanimando sin duda el ETC puede lograr tambien.
Entrada: 7.2085
Objetivo 1: 8.2315
Objetivo 2: 9.4580
SL: 6.8380
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