Short is The BestHi Sniper
now you can shooot the targer
set the 20.752 for the STOP
and Tp 1 : 17.89
Tp 2 : 17.54
ETCUSDT trade ideas
Bitcoin & Ethereum Will Follow | Ethereum Classic LeadsWe are aware that the cryptocurrency market is all correlated and all the cryptos tend to move together, specially the Tether (USDT) pairs.
Whenever Bitcoin goes bullish the altcoins USDT pairs also go bullish.
If Bitcoin crashes so does the altcoins.
This chart is for Ethereum Classic vs Tether (ETCUSDT), just notice todays candle.
It has really high volume, full green, trading above EMA50 and going straight up.
The ETCUSDT chart is also identical to Bitcoin and Ethereum in that the initial low was set 12-May followed by a lower low on 18-June.
A little tip on how to spot a bottom.
When a correction/bear market is taken place, prices dropping, volume tends to stay flat until a panic force comes in and volume grows strong on the first drop (12-May).
On the second drop which is a lower low (18-June) the volume becomes lower than the first one, this signals that the bottom is in (bear momentum loses strength).
Back to ETCUSDT, it is moving strong now while Bitcoin and Ethereum consolidate.
My theory is that Ethereum Classic won't move alone...
It only grows if the king grows.
In that case, Bitcoin and Ethereum are very likely to follow...
That's just my view of course.
But I will be here tracking the charts to see how it goes.
Namaste.
ETCThe price may rise to the resistance of 100MA/EMA. If the upward momentum level has dried up, the price will drop to the indicated support level. The transition of ETH to PoS could benefit ETC as all the mining power of ETH will be transferred to it
Same volume breakout on Ethereum Classic LONGDaily Crypto Scanner showed me ETCUSDTPERP as highest relative volume coin on the leveraged PERP contracts.
Then going long on a pullback to prior resistance that became support was a valid entry level.
now taking profits at prior resistance level.
Maybe another long move up tomorrow if price can bounce of a support level back up to the new resistance above 19.8
ETC 0.618 SHORT TO 0.618 LONGETC increased 13% today already. I think we have something to short at the level around 20$.
This erea has formed and supply zone and also the 0.618 golden pocket correction to the upside and its not touched before, so there will be a lot or orders to the downside.
After this potencial dip i personally will long it at the 0.618 Correction.
#ETCUSD - WedgeHello everyone!
ETC's uptrend was repelled by a strong dynamic resistance which is at the same time the upper edge of the wedge pattern.
Seems like ETC will retest the 14.95 - 15 area and slide downwards.
Keep an eye on support levels as well.
Resistance zone and 50% fibo If the price hits the downtrend line, we get a short position because it is both a resistance zone and a 50% fibo.
Ethereum shortEthereum bounced off the descending trendline. Asset bounced off the resistance area. Bearish movement to support level at 14.46 is possible.
Etc/USDT short📉Previous important support and resistance zones:
**s1: 15.10
***s2: 15.00
***s3: 14.27
* r1: 15.39
***r2: 15.00
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.previous ***s2 and ***r2 breakout
4.momentum indicator trendline breakout
5.volatility increased
6.Money flow index turned red from green
7.di- is above the di+
8.adx line is above 20 level
Stoploss:
1.above the ***s2 and ***r2 zone
Take profit:
1.I like to trail my profit but the next take profit can be near the ***s3: 14.27 zone
$ETCUSDT - Rejection aheadHello everyone!
ETC about to face a major resistance and retrace.
Keep an eye on RSI, there is a price-RSI divergence
CRYPTO - ETCHello friends, let's talk a little about the market and the state of the ego, everyone is already aware of this downtrend, the coins are flooding with growth like there is none, whoever trades now, I advise you to stick to risks, remember the first task of a trader is to save money, put stops if your postures go against the trend , I also want to tell you that the recession can be very protracted and long, so I advise you to take something locally with small takes, when the profit is set to stops at no loss.
And so a little about the coin, now a falling wedge has formed and there is a good accumulation inside it, I will take it already on the breakdown, I showed it in more detail on the chart.
All good trading
ETC close to breaking out of the triangle or wedgeWeekly candles are looking thin, which is good during a bear market.
It was rejected on the 4HR chart at the top resistance line in red
I think it will see $13.50 again, and then hopefully trend up.
The blue line in the future indicates the area we want to stay ABOVE and hold as support for a bull run
ETC LONG POSTION SWING TRADEEtc is looking like it’s gonna give us a good run. I’m already in profits on a 3x leverage, so decided to share. You can still take in lots more. Like and comment to encourage me to keep doing tnis. Do your own research please and remember bitcoin determines the market trend. Goodluck
ETC Falling Wedge Breakout 1Day ChartFalling Wedge has broken through the resistance line on Jun 25, 0:00 UTC. Possible bullish price movement forecast for the next 26 days towards 29.7447.
ETCUSDT - SETUPETCUSDT price printed a strong breakout of local resistance and now looking for some momentum. But we are still thinking about a retest of the breakout zone to think about the entry. So don't chase the green candle and wait for the price action. Good Luck
ETC buy zone is hereThis idea is crafted with a bullish mid term mindset, trading spot / 2x leverage with DCA implementation.
I am entirely aware if BTC breaks below 40k, it is likely that alts will be unpredictable. I am not considering this scenario in this idea.
ETC has been consolidating for about 210 days from its 183 ATH in may 2021.
My idea is that these levels marked 1, and 2 on the chart are a good place to accumulate based off BTC showing strength pushing 51k today.
Indicator wise, we have been reaching rock bottom RSI levels and deep momentum waves marked as blue boxes, both today and September 2020 have levels this deep.
You can see this was a relatively safe buy zone as ETC rose 3600% in the coming 200 days.
I have also marked an ABC structure coupled with a FIB from the top of the A wave and bottom of the B wave.
This would give an approximate secure profit level at somewhere around 170-260 USD.
It's entirely possible to retouch level 2 at around $17 if we saw BTC drop to 42k before pushing further upwards.
etc amazing opportunity to buy and hodl i love this chart . this is amazing and great moment for those who want invest in crypto market . i highly recommend to buy and hodl . i think you would be thankful of yourself one year later because of taking such a risk
ETC USDT SHORT SWING | ETCUSDT | SHORT @ 14 - 13 | TP @ 12.75, 12.5, 12.25, 12, 11.75 | SL @ 16.5 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | HUOBI |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Ethereum Classic (ETC) - June 15hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETCUSDT 1W chart)
16.05 or lower is likely to be a mid- to long-term investment area.
So, whether it can move higher than 16.05 is the key.
(1D chart)
The section 7.42-12.74 is an important volume profile section.
If you check the support in this section, you can buy from a mid- to long-term investment perspective.
The 36.26-47.10 section is the section that determines the trend, so whether it can be supported by rising to this section is important.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ETC near long term support#ETC/USDT
$ETC is dropping to touch middle line of descending parallel channel that is the same with long term support zone between $15.7 and $13.5 and weekly descending support line.
🐻 breaking down from middle line can drop price to support zone around $7.5 and even more dip to lower line of channel around $4.
🐮 holding support zone and rejection from middle line of channel can help bulls start a rally to upper line of channel and break out from upper line will increase price to weekly descending resistance.
