ETCUSD.P trade ideas
Diamonds are Forever :) And we are all hearing about these "Diamond hands" as of late. Here is a simple trade involving an old classic, ETC! Trade is invalidated if diamond breaks down, however the range is now getting air tight so I suspect within the next 24 to 48 hours she will be moving to make people remember what she can do when left unattended while the defi craze continues blossoming . A true classic with ATH over 40 this coin can be tricky to trade with price difference across exchanges, however I will be keeping this simple. SL under recent low (I dont mind holding this for a while) targets and rebuy zones. Best of Luck!
We Bounced off resistance quite wellThis is a great entry.. Just broke the daily resistance and successfully retested the line. Keep a tight stop and take profits along the way. This is not financial advice and I wish you the best of trades. Please follow and like if you want more charts. Thank You
ETC - TIME TO SHINEAfter an 80% retracement, ETC now offer zones of buying opportunities.
Both the MACD & RSI have bullish divergences.
Time for ETC to shine!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Pump off supportLooking for a high volume pump to pivot off this support. We can sentiment strong support here as presented on chart.
MACD/SIGNAL are set to cross to increase volume and head for 0 line for an increase in volume which will furthermore shoot RSI further out of overbought zone.
Look for rejection at resistance level 8.000. Continuation through 8.000 will retest 8.400. Stop loss with a clear support breach and continuation.
Please comment with thoughts and ideas. Thank you.
Place Buy HereThis is a great spot to place your buy to average down before the next leg up.. This is not financial advice. Good Luck and Have fun. Please like and subscribe to help support my work
Hidden Divergence on MACDHidden Divergence on the 4HR MacD.. I personally believe this one is due to rocket.. Targets are 48$ in 2021. This is not financial advice and I do wish you all great luck
ETCUSDTETC first Target is $11.37, it it breaks that I expect $13.71
After $17 , if $24 is broken then new price discovery.
I am long.
All of the Resistance ZonesUse these zones for live help as you refresh on the way up to locate new resistance/support zones.. Good Luck
Golden ZoneETC in the Golden Zone.. Easy 8.40 Target retest coming.. This is not financial advice! Tight stop loss
ETC/USD: An Overlooked Altcoin with High Upside PotentialI believe that there is high upside potential for ETC. Especially with Mantis launching this month, we could expect a news driven breakout for this altcoin.
$ETC likely to move with ETHWelcome to analysis about ETC, the price is consolidating for a while and this is the right time to invest and hold for till the end of bull run.
Let do simple math
In last bull run ETH went around $1400 ATH in same the time ETC went around $50
If Eth goes $7k to 10k , in this bull run, then ETC likely to go at least $250-300.
It' s all about right time to jump in the market.
ETC LongETC undervalued compared to ETH. All the other Ethereum alternatives have gone 2-300%. ETC stood still.
Ethereum Classic Bullish entry runEthereum Break out of resistance pull back below support... bullish run target @ $50.00
ETCUSD it can be $50 moveRally and retracement:
After a powerful rally, now the price action of the ETC coin has been retraced between 0.618 to 0.786 Fibonacci level, in the meanwhile it is also testing daily EMA 21 as support.
Monthly EMAs:
On the long-term monthly time period chart, the priceline is moving below EMA 10 and 21. We need a cross over between these two EMAs for a long-term bull run.
Big Wedge:
On the lon-term monthly time period chart, the price action of Ethereum classic has also formed a wedge move. The candlesticks are also crossing up the 25 simple moving averages as well. There is also 50 SMA resistance above the resistance of the Wedge pattern.
Monthly Shark move:
On the monthly time period chart, the price action has also formed a Big Shark harmonic move. Even though there are big spikes beyond the C leg but all the legs are driven as per the requirement of bullish Shark, therefore, we can expect that now the priceline may start a bullish move from here.
Weekly SMAs and Bollinger bands:
On the weekly time period char, the price action is at the support of 100 simple moving average and the Bollinger bands is also expanding. Now there is a strong resistance of 200 SMA above the Bollinger bands.
Weekly Ichimoku:
On the weekly chart, the price action has also entered in bearish Ichimoku cloud and rejected by its resistance.
Conclusion:
The price action has formed a big bullish harmonic move. Therefore we can expect that in the long-term it can breakout the bearish cloud easily and then can reach all time high.
