ETCUSD
$ETCUSDT: Bullish trendMaybe it plays some catch up to $ETHUSDT here on the back of the Shanghai upgrade potentially being seen as a source of sell pressure by market participants, chart is certainly bullish if it closes the week over $20.78.
One of the dumbest coins around, only miners and some degenerate WSB guys have any interest in it (and Barry of course), but it is what it is. Low risk trade setup for a small position here.
Best of luck!
Cheers,
Ivan Labrie.
✅TS ❕ ETCUSD: correction✅✅ Ethereum Classic broke through the downtrend.
The chart has formed an ascending structure.
The price will rise after breaking through resistance. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETCUSDT | Wave Projection TFW Ending Diagonal Breakout SetupWave analysis with price action & chart pattern bullish outlook - a potential ending diagonal breakout setup
> The weekly price with triangle pattern and candlestick squeezed between EMA 200 week zone and potentially breakout near the apex zone.
> Now with multiple false breakdown, possible pinbar long entry setup pattern.
> Target Zone: 0.618 - 0.786 Fibonanci retracement - Volume profile point of control area + 80% upside
> Stoploss Zone: previous low with a pinbar looks like the right shoulder of a mega inverted Head & Shoulders -20%
> RRR: 4:1
RSI TFW bullish signal - uptrend above MA and squeezed below 50.
ETC IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Etcusdt Price will Rise again ?While the price is above the support, expect the price to rise above 23$ mark
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ETC (Ethereum Classic) Channel of Simple ImaginationDoesn't take a rocket scientist to see where this one is headed. Bounce off the bottom to the top, again, and again.
Not advice, but just pointing out the obvious.
Don't forget, all forms of money through all time, was made for everyone, not only the people who sought to understand it and control you with it.
✅TS ❕ ETCUSD: broke down the support✅✅ ETC is moving in a downtrend.
The range has been broken.
The price will continue to decline. ✅
🚀 SELL scenario: short to 15.24. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%.
We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming!
We don't see massive gains on this one, but 10% is 10%!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
short trem EtcIn the chart, we can see that the price after growth with the momentum that has reacted to the resistance range and is very tight and in the form of Cp is undergoing a downward correction. Currently, the price has reached the support range of $18, and the liquidity before this range has also been collected, and if you see a trigger at this level, you can enter the buy buy position. If this level is lost, the $16 support area becomes an important support for pricing and is very suitable for taking a buy position. Be sure to keep an eye on it
🚀 ETC: Big movements!The level of $19.26 has been worked out. Congratulations on your profit.
The level of $20.16-20.40 is an important resistance. By the way, notice how earlier this level worked as a strong support.
Orange lines are our support levels.
See what the resistance levels are based on. These are shelves by volumes + fibo levels.
ETCUSD Is Moving Into A Support AreaETCUSD can be ready for more upside as market can be forming a new bullish setup formation based on Elliott wave theory.
Ethereum Classic with ticker ETCUSD made an impulsive five-wave recovery since December 19th of 2022, when we spotted a completed ending diagonal/wedge pattern within wave C of an A-B-C correction. A five-wave recovery indicates a change in the trend from Elliott wave perspective, so be aware of more upside in March.
We can see that price is currently nicely slowing down, making a three-wave (A)-(B)-(C) correction for wave 2 after we noticed a five-wave rally into wave 1 from the previous lows. So, keep an eye on strong support here around 19-17 area, from where we expect a bullish continuation above 25.10 while price is above 14.80 low. So as long this level is not breached we expect a new turn up.
I hope to see you in webinar today here on tradingview. Link can be find below.
ETC CAN DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SHORT/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
🚨 ETC: What will happen next?So, now it is very important to watch the $20 level. This is a key support and we cannot break below it with the body of the candle anchored below the level.
If we break through this level, we will see the continuation of downward movements.
The orange lines are our supports.
From them I will enter the long. But the first level of $19.26 is very risky. And in general, with downward movements, our longs will be against the trend, so I will trade a reduced coin volume.
RR 1.5-2. That is, the take is 1.5-2 times larger than your stop. The risk from the deposit on such transactions I usually have 0.3-0.5%.
Resistances are marked with red lines. Important levels that need to be broken for continued growth: 21.42- 22.33$.
✅TS ❕ ETCUSD: downtrend✅✅ ETC has maintained a downtrend.
The chart declined again after reaching the resistance area.
The price will continue to decline. ✅
🚀 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 about to run?Usually when $ETC starts to run, we're nearing the end of a trend.
I think we might see $ETC make a move over the next week. There's high volume coming into it with a 50% increase in the last day.
On the chart, you can see that ETC broke it's downtrend line and has retested it and now is basing outside of it.
If it can get over $24, then the next targets are $36, $43, $49.
I'd take caution here as I think the entire crypto market will reverse sometime in the next 2 weeks. Let's see if ETC moves first (and don't get caught holding this).