Etc
Very Important Candle For ETC (Ethereum Classic)ETC find itself at a critical level of previous strong reistance turned key support and with the current candle dropping below will need BTC to bottom and spring to close this candle above and test the 100 day MA. A break above these two levels would mean a great trade entry.
Bears are Winning this MatchNobody with capital wants bitcoin anymore.
retail jumping in front of a high speed train, thinking theyre grabbing dips.
looks like the sub $20,000 calls you saw a few weeks ago had it correct.
Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
Will ETC hit 90$ in the next big breakout?!Here's a quick look at ETC 4 hr chart. As we can see, the price is still in the falling channel, and depending on what BTC does we will see a move soon. The best entry would be, when the price breaks above the breakout level with good amount of volume.
The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 75.6$
2. 80$
3. 90$
- Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
🔥 ETC Bearish Move ContinuedWith BTC falling, alts are naturally following. Furthermore, dominance is on the rise as of late, which further strengthens the potential fall of alts.
ETC has recently hit the top of the channel, making it an ideal candidate for a potential short trade. Target would be the bottom of the channel.
Always keep an eye on BTC when trading alts in case it decides to go the other way. Wait for proper confirmation of the trend.
Happy trading!
ETC Short Term AnalysisWe might be headed back to retest the 67 line for a retest. On top of a double bottom which shows on the 4 HR, the 1 HR shows bullish momentum and a reverse head and shoulders pattern. Higher highs and higher lows are as bullish as you can get. Those will start to show in the bigger time frames. We are still bullish in the weekly. We need to recover the daily but that may time some time.
If you want to see how it will get there..look at the previous pump to 67. It won't be like that, but it will be similar.
ETC BREAKOUT LOADING, Is $93 NEXT OR $32 ? #BLESSEDPIPSBeen following this chart for weeks, support held well at $66 looking for price to head to the next pivot point on the fib at $93. We could see a rejection at $78 ? This will be interesting to see if the cryptos bull run will return in full stride.
Please comment and give feedback.
#BLESSEDPIPS