possible continuation on #ETC toward $30+staying away from the weekend's bearish speeches
awaiting a possible continuation on #ETC toward $30+
R:R is good enough w/ a tight stop below current support
$ETC
ETCUSDT trade ideas
Ethereum Classic vs Tether (95% Target Mapped)Ethereum Classic is bullish on all fronts, vs Bitcoin/vs Tether.
This is the ETCUSDT pair.
First, we notice the broken downtrend.
This is followed by a consolidatin phase that leads to a bullish breakout.
This breakout is what we are waiting for.
Additional details on the chart.
Namaste.
ETC - Potential SHORT - HRLY - Binance for BINANCE:ETCUSDTPERP Trade Status: ACTIVE - RE-ENTRY (above previous entry post)
Trader: Drizzzled (AUS)
Trade Type: SHORT
Entry: 33.43 (as close to)
Stop Loss: 1: 34.61 (medium-high leverage) &/or to you own personal risk factor. 1 to 1 suggested.
Take Profit Targets: 26.93,24.62,20.35
Comments: move stop loss to break even once target 1 is hit. DCA entries above if stop loss is hit. Message me for more entries if needed.
Ethereum Classic (ETC) - July 28Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
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Have a good day.
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(ETCUSDT 1W Chart)
The key is whether it can be supported by rising to the 36.26-47.10 section.
If it is not supported in the 36.26-47.10 section and falls below 30.50, Stop Loss is required to preserve profit and loss.
(1D chart)
Resistance: 36.26-47.10
1st support: 30.50
2nd support: 22.51
The resistance section of 36.26-47.10 is the section that determines the trend.
Therefore, it is an important key whether it can be supported by rising to this section.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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ETC Formed Inverse H&S Target $30Hey guys again today i'm going to analysis ETC/USDT pair on 4hour time frame...
1)First we can see Downtrend line is now Broken and thats good signal and this mean ETC Downtrend converted into UpwardTrend, the first HIGH - Higher Low we have now.
2)We have also Inverse H&S pattern on chart and Neckline now is broken, we can also wait for Retest Neckline and then buy, or we can wait for see good Volume Spike and then buy, so buy at $22 and take profit $30.
3)We can see Volume slowly Decreasing last days and when we can see Volume Spike and its must be above Trend Line then we can buy at $22 Level.
4)When CCI Oscillator rise above +100 we can receive buy signal too, we can sell when CCI touch +200.
Hope you enjoying this chart, so this is short target for ETC, but in long term ETC this year can easily hit $300 when ETH switched into POS )))
🔔 ETC reached horizontal resistance. What's next?Hello, dear TradingView members.
This idea is an ETC brief analysis.
This coin has reached the Horizontal Resistance area in the 1H timeframe.
There is a high possibility that the price will go down for corrections.
If you are interested in opening short positions, this would be a good chance.
If you want to open long positions or buy this coin, it's better to hold for further confirmations to see what happens.
RSI is also extremely overbought.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ETCUSDT LONGMore miners is transferring to ETCUSDT and that could be a main reason for it to shoot up.
ETCUSDT Flag Pattern Formation!ETCUSDT Technical analysis update
ETC currently trading at 28.60
Buy zone: above $28.50
Stop loss : $26.25
TP 1 : $31.00
TP 2 : $33.00
TP 3 : $36.75
Always keep stop loss
Thanks
Hexa
ETCUSDT potential short on the top of the distribution phaseThe asset is forming a pattern very similar to the distribution scheme.
If the resistance level holds, we can expect a dump to the support at $23.
Targets - $25.5/27.5
ETC/USDTHello Traders,
today we discuss about ETC Final Move.
Currently, etc trading in Final leg up almost completed & now downtrend will resume again.
you need to open short it & keep up to down line gave target. next month full month downtrend.
Thank stay healthy & print more money.
ETC - Potential SHORT - HRLY - Binance for BINANCE:ETCUSDTPERP Trade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: SHORT
Entry: 27.27 (as close to) = daily 200ema
Stop Loss: 1: 28.10 (medium-high leverage) &/or to you own personal risk factor.
Take Profit Targets: 26.01,24.86, 24.07
Comments: move stop loss to break even once target 1 is hit. DCA entries above if stop loss is hit. Message me for more entries if needed.
ethereum classic made a big profitEthereum classic is heavily overbought, I think it is necessary to liquidate longists, indicators are overbought,
this is a signal for a correction!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
ETC (one more leg up ?)ETC / USDT
another special coin during current bear market
ETC still strong and likely to do one more leg up to hit resistance line since may 2021 before correction (≈32$-35$)
Moon shot case : if ETC able to close weekly above resistance line expecting very strong bullish rally
ETCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETCUSDT
Here we have R3 as our resistance line and the unsuccessful triumphs of the price to rise is obvious. R2 and R1 used to be the support areas as well as, which all S1 is a support area which expresses the support of the price at some points. At the moment, the price is fluctuating in R1 area. Therefore, it will have two options. Either it will rise over R1 and by giving a fixation there and by receiving some confirmation candles, we predict more rise for it to R2 or more. Or it will fall below R1 and experiences more decline toward S1. Remember that by the time the price does not leave R1 area. there is no precise prediction for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETC/USDT ShortShort Etc/Usdt at 24.00 & exit at 23.32
Strong selling pressure in Etc, so we relaxly make a short at Etc
ETCThe price has formed a bearish double top pattern. The RSI fell below its midline into the bearish zone. I think the price will continue to fall to the level of 200 MA
ETC: revenge short?I've shorted ETC from 19th until last night, I didn't close the short when I was in good profit because I was waiting for a deeper dump. Yesterday I closed at risible profit because I was unsure about the daily opening (better this than loss).
However current price action is showing more bearishness and price is piercing out of this rising wedge so this might easily be a green light for another short, a revenge short if you want. I'd check 25.37 USDT level, a 4h close below that price it's a confirmation of breakdown
Indicators are bearish, you can either short and exit at TP1 or even do it in two steps so TP1 and TP2. Off course I'm still deciding whether to wait for confirmation or enter right now, do as you wish.
2022-07-26 _ ETCUSDT Analysis with ABCD Pattern (Long)ETCUSDT is now distributing and as per ABCD pattern, it will go long from S1 or S2. So make entry as per DOW & candle stick behaviors from S1 or S2 and set SL accordingly.
Ethereum Classic In Distribution?Potentially distribution for Ethereum classic, if ETC follows through with the schematic it should soon be marked down by Phase E. My predicted path will obviously not be perfect but gives a general idea of how price action may move.
Wyckoff Distribution So Far?Potentially Wyckoff distribution for Ethereum Classic, we'll see as time goes by whether or not it is.
