ETCUSD
Ethereum Classic (ETC) - May 10Hello?
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(ETCUSD 1D chart)
You should watch for any movement that deviates from 101.779-134.078.
If it falls, you need to make sure you get support at 91.012-101.779.
If you fall at 69.480, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around 13-22 May.
It remains to be seen if it can create a new wave as it breaks off the downtrend line.
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(ETCBTC 1W chart)
We have to see if we can get support and climb at 0.0018160.
(1D chart)
You should watch for any movement outside the 0.0018253-0.0023766 segment.
If it falls, you need to make sure you get support in the 0.0016324-0.0018160 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls from the 0.0012739 point, a short stop loss is required.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
ETC consolidate for a whileETC had a major pump from 45usd to 180usd and now need time to consolidate and I wouldn't trust any current advice to still buy into this crypto until it drop down to 99usd. As also Bollinger band can also see it had peaked out a lot and will move to the bottom of the band. Suggest to not HODL and just put limit buy order at either 99-100usd to get in at a nice low price bottom price. And when it pump again would take out your initial investment at 180usd and leave the rest go to the top of the channel.
ETC Explodes To ATH But Weakness is Showing-ETC rises over 400% in one week
-ETH price rise sparked an insane bull rally for ETC
-Major support holding price is $110
Ethereum Classic has finally awoken from a 3 year slumber rising to a high of $180. The sudden price rise has thrown Ethereum investors through a loop as price nearly rose 2000% since the start of 2021. This price rally may be coming to an end as the ATH daily candle closed with a large bearish wick.
After such a large parabolic move on the ETC chart, many new support and resistances were formed. For now, the important zone to watch on ETC is $130. This area is the last major resistance on the daily chart. If ETC manages to break and hold this mark, it may be in for a try at ATH.
Major support on ETC stands around $110. If the price fails to hold this mark, ETC will be in for a fall to minor support of $96 and then $79 if it fails to hold. The price has been held up by the 5 MA since the end of April. Once price candles break below this MA on the daily chart, it will trigger a selloff. This is a soon probable scenario.
While looking at the RSI, we can conclude the strength has been overbought for nearly 10 days. This is not healthy and indicates price need to cool off very soon. The stochastic RSI tells a similar tale as the strength has already started dropping off its highs.
ETC intraday levels
Spot rate: $125
Trend: Bullish
Volatility: High
Support: $109
Resistance: $130
ETC CLEARLY 1000$ ASK QUESTION ?DOGE IS REAL BALLOON( DO NOT RECOMMEND.) . (ELON MUSK BİG BEAR)
ETC 1000 DOLLAR COMİNG.
ASK YOURSELF THE RIGHT QUESTIONS AND SEE THE RESULT.
MARKET RESEARCH
INVESTGATİON
THREATS
STRATEGY
DİSCOVER
COST
IDENTIFY
OPPURTUNİTİES
DEFİNİTİON
I WAS VERY FEAR OF ETC. Frightening is doing me the opposite. YOU ASK WHY? I AM PRO,
HOW MUCH RISK CAN I TAKE?
WHAT IS MY GOAL?
DO I NEED TO GET OUT BEFORE THE RIGHT TIME?
HOW CAN I REDUCE THE RISK?
HOW MUCH CAN THE PRICE OF A PRODUCT DROP?
WHY DOES THE PRICE OF A PRODUCT DECREASE?
WHY A PRODUCT IS HIGHLY VALUABLE?
WHY DO WE BUY A PRODUCT?
CREATE A FEW QUESTIONS FOR YOU. WON'T WAIT FOR 3 DAYS TO GET ETC.
FALLING WHY IS NOT $ 1?
WHAT IS SHORT? WHAT IS LONG?
WHAT IS THE RIGHT QUESTION?
DOES ETC PROTECT MY INVESTMENT VALUE?
WHAT IS ETC FOR ?
ETH VS ETC ?
BTC VS ETC ?
BCH VS ETC ?
ETC VS NEO ?
ETHEREUM CLASSIC ETC - Bullish Falling wedge progress! Hello dear traders,
Here is an update for Ethereum Classic ETC.
I have a new 30 minute chart with a slightly modified falling wedge. This one is now more precise and as you can see we have not broken out yet.
Three scenarios are possible:
1. ETC follows the blue arrow out of the falling wedge upwards. We need volume to confirm!
2. ETC follows the orange arrow after first testing the 100 level and then up for a breakout. Volume is very important at the breakout
3. Least likely scenarion. ETC drops through the 100 usd level and hits the stop. If that happens we will first see the 78 USD level. Once we drop below that I see the 58 and then 43.
Please use your stops with the volatile ETC and money management (the famous 1% rule)!
This is purely my idea about ETC and not investment advice. As a trader you should always do your own research and try to protect your capital with money management.
Safe and happy trading!
Just a thought on ClassicLong term hodler from back in 2016.
The functional value of ETC is nothing compared to ETH, BUT this coin has another purpose similar to Bitcoin.
It should remain as a store of value asset, the transaction fees are low and the code is law, therefore this coin will be POW forever.
What makes it even more interesting to hold for long term is that like BTC, ETC has a limited supply. It tanked countless of bad rep and 51% attacks in the past but ETC won't bulge.
Long term thoughts on ETC: 1000+.
Consider not buying into the highs as I was shocked to see people gladly putting 6 figures into the top range of the ATH.
We might even break below 88-100 area since this coin need to catch a breather and could test 50-70 range since that is a major support.
Consider this not financial advice, I usually don't trade my holdings but since my precious ETC finally got some actions (way too much if you ask me). I was forced to sell and look for a re-entry around the 100-110 range.
Also I would like to point out that ETC usually makes a move before something major happens, of course past actions don't indicate future results. but be prepared for anything! Even on long term holds it is wise to set a SL to then rebuy cheaper!
-ETC IS GOLD-
HAPPY DAYS AND THE BEST TO YOU ALL!
Let me know in the comments what your thoughts are! :)
ETCUSDT looks healthy. Let's do pyramid profiting What is pyramid profiting ?
When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our position size with each wave of that trend.
I see a chance to pyramid profit on ETCUSDT on 1H chart.
If you see, ETC has shown good upward movement recently and achieved an ATH at $179, after which it declined a bit and seems to make another run upwards.
Opportunities like these, are good for pyramid profiting, when there is a chance of a strong continued trend.
Money Flow Index looks to move up, and if good volume emerges it could see another leg up breaking psychological level of $200 and beyond.
Traders can open a long position, or buy with some percentage of their portfolios, and add to their positions when it reaches defined targets. SL can be used accordingly. Always do your own research.
For more ideas like these follow us. Visit Tuned to create strategies with pyramid profiting.
Happy Trading
ETC FIRST FIBONACCI +282$We are buyer, No problem. Our team is solid.
We will fight fire with fire.
THE BEARISH FISHES CALLED TO ETC. NOW THEY HAVE TO BACK THEIR SELL.
It worked for us again, how did the price decrease but the transaction volume increased.
The transaction volume determines the value of a product in this market. went just below btc.
Is it beyond normal ethereum in transaction volume?
It is definitely not investment advice. We won't sell it, even if it's $ 1 tomorrow.
Those who are afraid get out of here. We did not sell anything we did not make a profit.
we do not sell. We were never afraid of those little Whales. we are not afraid.
I'm telling you from the beginning. It is definitely not investment advice.
If necessary, let those who are willing to wait for 10 years.
I won't sell it until $ 1000 has arrived. They did the same in Btc, Ethereum in Bnb, Xrp, Xlm.
These short attacks are the act of frightening people and taking their money by shaking.
I Buy to Keep Price at All Levels.
Because if he does not react, there will be a Very Quick fall.
I am willing to wait 20 years in Etc. I will wait 30 years. My child will inherit it if necessary.
Think about $ 1000, I have a lot of lots.
And I buy Btc, Tether, by short falling Dollars, Euros.
I even exist in exchanges such as Gold, Silver, Copper, Palladium, Forex, Small Fund management, Exchanges, Dow, Nasdaq, FTSE, SP500, Dax and Nikkei, Shangai.
We don't seem to know that they quickly increase or decrease the price. There will be many people tomorrow who will regret not taking these Days.
We have been in the crypto market since 2013.
The fall in price has always come to my business. It's a separate topic :)
ETC IS NOT SHIT COIN.
SHİT COINS = PUMP COINS.
DOGE,CHZ,HOT,BTT,TRX,REV,VET,TEL
Best Safe Coin
BTC,ETH,BCH,LTC,ETC,NEO
ETC LEVELS FIRST HALF 1/1 - 1/2(after) (Speacial Software)
10.755 225.855 451.71
10.755 236.61 462.465
21.51 247.365 473.22
32.265 258.12 483.975
43.02 268.875 494.73
53.775 279.63 505.485
64.53 290.385 516.24
75.285 301.14 526.995
86.04 311.895 537.75
96.795 322.65 548.505
107.55 333.405 559.26
118.305 344.16 570.015
129.06 354.915 580.77
139.815 365.67 591.525
150.57 376.425 602.28
161.325 387.18 613.035
172.08 397.935 623.79
182.835 408.69 634.545
193.59 419.445 645.3
204.345 430.2 656.055
215.1 440.955 666.81
Ethereum classic ETC is forming a bullish falling wedge!Hello Traders,
Here is a brand new update on Ethereum Classic ETC on the 30 minute chart.
ETC is currently correcting on the huge rise of the past few days. It went too fast and too high and a correction inevitably follows.
However, that correction is perfectly normal and healthy for a further rise in ETC with the all time high as the first target.
We now have a new pattern and that is a Bullish Falling Wedge. I expect a pullback to 103 - 97 in this possible scenario.
A breakout upwards from this falling wedge will normally show a re-test up to the upper trend line of the falling wedge.
Then you place the stop at the previous low and we are likely to get another ride up.
This is a hypothesis as it might go. patterns might fail. should that be the case and ETC drops further then we will have to assess at that moment what the structure looks like.
Please also check out my other post about Bitcoin because it has a very important influence on the ALT coins.
This is my personal view on Ethereum classic and not investment advice. Always do your own research before trading and apply stops and money management for reducing risk and maximize profits in the long run!
Ethereum Classic ETC will rise again! first target 169 then 180!Hello traders,
You see here a 30 minute chart of ETC Ethereum Classic. This is update from my previous analysis on ETC.
I see ETC moving back up towards our first target 1 of the previous analysis at 169. After that the all time high will come back into view at 180 USD.
Please note the inverted head and shoulder formation on this short timeframe!
Volume is currently still low but these coins like to retest old tops.
For the medium term, I remain bullish on Ethereum Classic. There is simply enormous interest in this coin and we can already see this from the massive volume seen during the rise.
Keep a close eye on the support levels and place stops to protect your capital.
Please keep in mind that the neckline of the inverted head and shoulders formation has been broken and will almost sure retest but then ETC is ready for the targets 169 and 180!
Happy trading!
This view of Ethereum Classic is purely my own opinion and absolutely no investment advice. Always do your own research before making a trade.