ETCUSD ❕ reboundETC fixed above 50EMA (4H and 30m TFs)
The asset maintains its upward structure after the rebound.
I believe the asset will continue to rebound if it holds above the support.
ETCUSDT.PS trade ideas
ETC has a very good investment OpportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 350 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
ETC.P SignalThis year has been a rough year for crypto. Downward pressure appears with all coins.
With the ETC 2h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
ETC currency in a downtrendEthereum Classic currency is in a falling trend, so the strength is with the fall and the short position is better for this currency.
Of course, the possibility of a further correction and fall for Ethereum Classic is not far from expected, because at the moment, according to the price action, there is a possibility of the price returning to the ceiling of the channel for this currency.
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ETCUSDTBINANCE:ETCUSDT SHORT IDEA
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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ETCUSDTHello Traders,
The current condition of the ETCUSDT pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
etcusdt long ideauntil 01 jan 2024
BUY:16.6
SL:14.2
TP:25
R/R:3.5
if break 25 with stronge candle
BUY:25
SL:19.7
TP:40
R/R:3.2
ETCUSD ❕ upper part of the rangePrice and RSI chart formed a convergence on 1H TF.
Price broke up through the 50EMA at 30m TF.
I believe the asset will continue to rise after fixing above the resistance level.
ETC/USDT WHAT NEXT ?👀🤷♂️ETC Today Analysis💎 ETC is primed for an intriguing move as it has impressively tapped the Bearish Order Block (OB) twice.
💎 Currently, SET:ETC trading in a demand area, and we anticipate the price to retest the OB once more.
💎 Notably, the first bounce faced strong rejection, and the second bounce appears weaker, signaling that the price might ascend again.
💎 Volume also displays significant spikes, confirming a high probability of upward momentum.
💎 Another factor to consider is that if the price breaks the critical point,EthereumClassic could experience a downward move
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Etc Breaks Bullish Pennant Seems Like Ready For Some recovery Bullish Pennant Breakout & Retest Has Already Confirmed Expecting 40 to 45% Bullish Rally Note Always Use Good Risk to Reward Ratio
ETCUSDTPrice is playing in a wedge and the chart is getting ready for a move
Support is 15$ and 13$
Buy with correction in steps and watch btc movement
NFA
DYOR
Price Correction
ETC has seen remarkable growth, surging over 80% from the strong support level of $13, reaching the resistance range of $22-23.3. However, this resistance level triggered a significant negative reaction, leading to a substantial profit-saving phase for buyers. As a result, the price has entered a correction wave. Notably, both the weekly and daily time frames indicate an overall upward trend for ETC. However, it's worth noting that the correction process may take some time.
In the short term, the 4-hour timeframe shows a dynamic support level that is crucial to monitor. A forceful break below this support line could signal a potential retracement towards the $17 support level. On the other hand, if the demand at the $17 support level increases, accompanied by a rise in trading volume, there's a likelihood of a short-term upward trend resuming, and the price could move towards its previous resistance levels.
As of now, the Relative Strength Index (RSI) for ETC on the daily timeframe stands at 52. An RSI of 52 suggests that the currency is in a somewhat neutral state, neither overbought nor oversold. It indicates a balanced market sentiment, where buying and selling pressures are relatively stable. Traders and investors should keep a close eye on how the RSI evolves alongside price movements to gain further insights into potential shifts in market momentum.
ETC USDTHello
Please use STOP LOST!!!
Firt target around 40
Next target around 70
when it go down the support is 17.90
ETCUSDT Setup short positionETC/USDT
Broke the support and now already retest after break the support, potentially the price to continue down. Besides that EMA 20 and EMA 50 are already death cross which mean the price will switch from bullish to bearish. Good to buy now
ETC/USDT (SHORT)
Leverage : CROSS 10-20x
Entry : 18.31 - 18.7
Target : 17.815 - 17.354 - 16.590 - 15.512
Stop : 18.976
ETHEREUM CLASSIC LOOKING EXTREMELY BULLISHTriple bottom in the chart makes price bullish and you can also chek the monthly macd it's going to 🤞
ETC/USDT | 1d 👀History Doesn't Repeat Itself, but It Often Rhymes.
⭐️ The future is bright for Cryptocurrency.
🚀 The Altcoins are set to grow!
✅ Stay updated on market news and developments that may influence the price of EthereumClassic. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Cryptocurrency #Crypto #Coins #Altcoins #Finance #Trading #ETC #Cryptomarket #EthereumClassic #Futuresr
Wave 3 (Target = $ 95 , Oct 2023)
Wave 3 depends on wave 1
Target-1 = $ 45
Target-2 = $ 95
Target-3 = $ 300
Appendix:
ETC is not a security !
Stop loss = $ 12
✴️ Ethereum Classic Update | Why Does It Take This Long?One of the oldest living human being in this planet said that the stock market is a mechanism that transfer wealth from the impatient to the patient... And this is true, I am paraphrasing but this is what legendary trader Warren Buffet said at one point in his very long life.
This is the situation we have now with the Cryptocurrency market, patience is key to succeed .
See how Ethereum Classic is now back above EMA50/EMA100, or close to those levels, which puts the pair back into sideways trading or consolidation.
The June drop/low can be considered a shakeout or a stop-loss hunt event. This is extremely good because it means that the weak hands have been removed and the market will grow with those that decided to hold and wait.
Here is the thing, after the 10-June low we have the highest daily buy volume in a year, this is how it starts.
Back in 2022 we would see first a high volume day after a long-term low and this is followed by massive bullish action and growth.
Last month move was the final shakeout, growth comes later this month or early the next one.
The chart is saying that we still have to wait, regardless of the price swings, the bulls have the upper hand.
Last year we had a small consolidation phase that led to a small bullish wave.
This year we have a long consolidation phase that will lead to a strong bullish wave.
That's how it works, whatever happened before, you get the inverse.
If it was fast, this time it will be slow.
If it was big, this time it will be small.
The bullish wave was nice last year but still weak when compared to the bigger picture, this year it should be big and strong when compared to past action and the Cryptocurrency market as a whole.
Let us be patient.
Think long-term.
Thanks a lot for your support.
There are charts where I give the long-term targets for this and other pairs, you can find them in the "Related Ideas" below. Always make sure to check those out for additional information.
Namaste.
🚨 Trade Update: ETC/USDT (5-10x)🚨 Trade Update: ETC/USDT (5-10x)
📉 Short Entry: 18.50 - 19.70
OTE (Optimal Trade Entry): 19.16
SL: 20.38
B/E Move: When it moves close to TP2
TPs:
Short Term: 18.30 - 18.10 - 17.80 - 17.40 - 17
Mid Term: 16.50 - 16 - 15.3 - 14.4
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
ETC/UST 1D ReviewHello everyone, I invite you to review the ETC chart on the one-day interval. As we can see, the price did not manage to stay on the downtrend line and was quickly reversed.
After unfolding the Fib Retracement grid, we see that the price is holding just below the support at $19.19, the next support is at $16.69, then the third support at $14.84, and when we go lower we have a fourth very strong support at priced at $12.57.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $21.67 with the downtrend line, then resistance at $24.15 and then the price will move to resistance at $27.26.
At this point, it is worth including the EMA Cross 200, which indicates that the ETC attempted to return to a strong uptrend, but it was a false break and a quick return.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the continuation of the downward trend, while the RSI has approached the middle of the range, so the move will be based on BTC price jumps.
