ETC - Head and ShouldersAfter its remarkable run, ETC seems to have topped its price action above $26.
It currently has formed a head and shoulders pattern on the 1H time frame which seems to suggest that further price action to the downside is expected.
Would open a short here with:
TP: $23
SL: $26
Etc
ETCUSDT (Ethereum Classic) Daily tf Range Updated till 26-10-22ETCUSDT (Ethereum Classic) Daily timeframe range. There are lots of #scope in this chart. a lot of #scope for day trading or scalp setups. the volume is optimal here. price action is more stable than dozens other bat shit crazy alts out there. but that stability can effected by btc.
ETC ELLO GUYS THIS MY IDEA 💡ABOUT ETC is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Ethereum classic (ETC) have the most clear chart!Hello, everyone!
Today is the turn of my favorite altcoin. Ethereum classic have the most understandable Elliott wave structure. Last time I entered short position at $44 when the insane short have been flashed with the MACD bearish divergence. Now it does not matter, but the price have already flashed the insane long and I am going to show you my thoughts about mid-tern price action.
When the crypto market touched it’s previous bottom and formed the bullish rally ETCUSDT showed the incredible pump which had the clear 5-waves Elliott structure. The wave 5 have been detected using bearish divergence with the MACD. After the the ETC started the 5-waves cycle to the downside and we can see that the MACD have already formed bullish divergence on the 1D timeframe. I think that it was the wave 5 finish inside wave 3. Now we can expect wave 4 – it is not the market reversal, but we can catch the bounce. We also can define the clear target for the pump – 0.618 Fibonacci retracement level. Also there are a lot of liquidity of short traders which has to be collected before the new dump.
Best regards, Ivan
Ethereum Classic ETC #ETC $ETCHere's an update on ETC Ethereum classic.
Trying to give you these updates ASAP so that they can be used in real time.
I try and break down the levels to watch for and trade with.
Give you the low time frame and higher time frame outlooks. I know that day trading and making hourly moves and or trying to is becoming more common amongst retail. So I'm trying to help fill that more immediate need which is often a VOID for those who don't chart for themselves.
#ETC/USDT 1DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
Ethereum Classic (ETC) continued to trade close to a three-month low on Tuesday, after hitting this mark to start the week.
Yesterday, the token hit a three-month low of $23.10, and 24 hours later, prices remain near this point.
Following a move to a high of $24.31 earlier today, ETC/USD once again moved lower, dropping to a bottom of $23.73 in the process.
This week’s low saw ETC move below a key floor of $23.20, which has been in place since mid-July.
In addition to price, the 14-day relative strength index ( RSI ) has also hit a multi-month low following the bear run.
For traders looking to buy the dip, this is potentially a positive sign, as we are firmly in bearish territory, and could eventually see bulls choose to reenter the market at this point.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
$ETC/BTC 12h (#BinanceSpot) Bull-pennant breakout and retestEthereum Classic is looking bullish in satoshi and seems ready to push higher after Hashrate went up!
⚡️⚡️ #ETC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 10.8%
Current Price:
0.001758
Entry Zone:
0.001692 - 0.001548
Take-Profit Targets:
1) 0.0019950
2) 0.0023260
3) 0.0025970
Stop Targets:
1) 0.0013190
Published By: @Zblaba
Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25
Expected Profit= +23.15% | +43.58% | +60.31%
Possible Loss= -18.58%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5-6 weeks
Tags: #ETC #ETCBTC #PoW #Mining #Ethash #EthClassic #Dino #Hardfork #SC
Website: ethereumclassic.org
Contracts:
#Mainnet
ETHEREUM Classic has many miners, they will pump ETC price againThe fall in the ETHEREUM Classic price is happening on lower volumes.
A modest update of the lows and something like a downward wedge is formed within the correction. Usually such a pattern later acts as a continuation of the growth trend.
We think that in the area of $26-28 it is logical to try to take the longs of the ETCUSDT. Sooner or later the ETC price will be pumping again, and the minimum growth potential in the medium term is x2 to the area of 51dollars.
_____________________
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ETHUSDT | Breakthrough coming soon!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset is now moving in a downward channel, showing a protracted consolidation.
If there is a squeeze to the 0.618 Fibonacci zone, then from there you can consider short with a short stop at $28.80
Guys not financial advice, just sharing my thoughts on the schedule!
Ethereum Classic - Yellow Horizontal The yellow horizontal on this analysis provides a great support for this preemptive breakout structure
Price has extended itself to the top of the descending megaphone
From here a breakout of this megaphone and in turn the flag like structure continues the breakout on a timeframe such as the Weekly.
This is the daily timeframe.
ETC LONG IDEAI will not enter trade alredy expose in 2 trades KDA and BTG
risk 1%.
4h trading time frame.
we have two targets:
targe 1 : inside bull flag
target 2 : base in 4h fibonnachi
tradable pattern: SHORT TERM UPTREND
Positive arguments
+forming bull flag with ABC cirection
+CTB counter trend line brake (orange line)
+short term uptrend
+potencial H&S formation
+1D bullish candel stick formation
+bounce from past support (BLUE AREA)
+4h original fibonnachi with confirmed C
🔥 What heppen to ETC after the MERGE? BULLISH FLAG breakout🚩Hi friedns! ETC is moving in the huge bull flag. Let`s talk about the most potential scenarious for the ETC price.
Ethreum Classic is the oldest ETH fork and we see how it`s following the ETH price. Huge dump of ETC happen at the same time after the ETH MERGE. Even if other altcoin make a reverse, the price of ETC will follow the ETH.
✅ After this correction i can expect some pullback. The price fall to 2 important support levels:
1️⃣ the bottom boundary of the bullish flag🚩
2️⃣ the huge value area of $25-28
📊 When you should open a long:
🔥 the whales liquidity collection (false breakout) below the bottom boundary of flag
🔥 the volume growth during the false breakout which confirms the pressense of whales
🔥 DOM and Footprint confirmation of the big orders to BUY at the bottom. These scalping tools help me to identify the whales who want to trap the retailers. In the most cases the bounce from this size lead to the pump and you make 1:5-20RR trades.
🔥 bullish BTC force all the altcoins reach the targets
✅ The closest target is the top boundary of the of the bullish flag ($36-38)🚩 The huge value area are also there, so you can book 50-70% of your profit. The pullback is hughly expected.
🚩 If the price fall below the value area of $25-28 and BTC will be bearish, ETC easilly reach the $15-16. In this case we can open our short on the test of the flag or this value area as the resistance with short sl and nice RR.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.