ETCBTC Nice Uptrend$ETC has started a nice uptrend. .00280 is monstrous resistance, breaking out of that we would be looking at .00400 as next target.
ETCBTC trade ideas
ETHEREUM CLASSIC (ETC) ANALISISToday (7 august) coinbase open transfer ETC to their platform. Tomorrow or the next day ETC will list on coinbase and coinbase pro !!
KEEP HOLD YOUR ETC
long position for the next weekWith positive news, the trend will develop in the next direction (not counting the corrections) 0.0027 - 0.005
ETC potential targets(Coinbase listing)-Short termETC is in bullish move because of coinbase listing on 7th August.
I have kept a very conservative targets .However,it can blow past these targets.
Use these target(in green box) as a reference and be safe .
blog.coinbase.com
ETC Next Push UpETC found a big support at 2000Sats.
We still have a good "equilibrium Price" between BTC/ETC (when BTC pumped 8500ish and when it dumped 7500ish).
1D Chart > MACD about to cross / Rsi growing up
Next jump should push us to 2850 and 3000 (can see clearly resistance at 3k on ichimoku )
Keep an eye on Coinbase listing...
...And like always keep an eye on BTC -1.94% movements.
Happy Tr4Ding !
A trading opportunity to buy in ETCBTCTechnical analysis:
. ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00211)
Ending of entry zone (0.00182)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00240
TP2= @ 0.00280
TP3= @ 0.00324
TP4= @ 0.00350
TP5= @ 0.00470
TP6= @ 0.00560
TP7= @ 0.00820
TP8= @ 0.00951
TP9= Free
There is a trading opportunity to buy in ETCBTCTechnical analysis:
. ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00211)
Ending of entry zone (0.00182)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00240
TP2= @ 0.00280
TP3= @ 0.00324
TP4= @ 0.00350
TP5= @ 0.00470
TP6= @ 0.00560
TP7= @ 0.00820
TP8= @ 0.00951
TP9= Free
Golden Cross on Ethereum Classic.so many bullish fundamentals going on right now with the impending arrival of ETC to coinbase and on top of that Robinhood beating them to the punch and making it available on their app as well. Not much more needs to be said really.
ETC/BTC Short Hi everyone. ETC/BTC (ETC/XBT) has been pumping quite nicely these past couple of days. We are reaching a pretty strong confluence of resistance however, and I plan to attempt a short near the purple descending line. Some confluence to consider:
-Fib line
-Top of the daily cloud
-Descending resistance trend line
-Daily pivot Resistance 1
-Descending resistance on RSI
We may have a little more room to run on the L-RSI in yellow below. Once it tops out with a green candle, I will be shorting. If we end up getting a higher high however, I will stop out. Aiming for the previous support area.
$ETC Ethereum Classic Market Analysis $ETCBTC$ETC Ethereum-Classic has had a nice impulse leg up. It's stalling at resistance and I'm expecting a retrace before another move. I'm bullish overall, but always cautious of set ups to liquidate retail traders as usual. Price playing out in overbought zones, some green volume which has backed off a little. This could go either way, my sense is 60%/40% favoring the bulls. I wouldn't enter here, my entry was at support, but Im not exiting here, choosing to stay in following the 9 and 18 EMA's with a trailing stop loss strategy. Re the stop loss idea with Binance its a matter of creating and deleting stop limit sell orders until they build in a trailing stop loss feature. Watch my short video of my analysis and my Binance stop loss strategy. I cover my take on Elliott Wave also: youtu.be
ETC/BTC short term ETC/BTC short term
if pass the first reistance/fib could see it head to that diagonal trend
Prepare for a next ETC leg Situation is more than awkward. We need couple more days to go sideways and only then we will have a chance to look a buy opportunity. As for now support holds it but if BTC will go down ETC will go straight no new support line on 1900.
Trade on your risk but right now you are catching a falling and no one knows will you catch it or not.
Ethereum classic to coinbase!looking for 900k sats on these 50$ ish target. good luck with this al season!
If we rally, 270% in 3 month, also fractal event at 01/18/2019!So i hope everyone is loading up right?
Here is my problem with that. I am concerned that because of this.
Buy the rumor sell the news, concept, We may actually not get this rally, that everyone is expecting.
So please take profits on exits, and dont; look back. Reason:
Well what most ppl don;t get is that coinbase users will get their ETC back, if they didn;t remove them, before the Coinbase switched to ETH.
I don;t know how many of them are actually outstanding, but it could be enough to drive the price down, or stall the spike
So be mindful of this, but overall all technically, we are definitely heading upwards, as we have been hugging this channel for too LONG!
Good luck everyone.
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
