Get started

CLASSIC

Be cautious! Inverse H & S at the end of wave A is a pitfallClassic tools are simple yet powerful tools but if and only if you know when to use them, otherwise they can be very misleading. A good example of such pitfalls is inverse head and shoulders at the end of wave A. Traders who rely on this pattern regardless of its position in terms of Elliott waves may expect a new major high and become ready to make a nice profit but they get shocked by the market very soon in the case that they used inverse H&S at the end of wave A. A clear example of this pitfall happened at the end of wave A on TSLA . Details are shown on the chart. In fact, Head and Shoulders and inverse Head and Shoulders are nothing but some patterns forming in some types of Elliott wave cycles. You have to know when to use them. Inverse head and shoulders is a POWERFUL tool when you use it at the end of wave C . I refer who may argue that this is an after the fact publication to my idea published on Apr 13th when most traders were bullish on TSLA. Link is also provided below. Hope this to be useful and can help you in your trades. Best wishes.
NASDAQ:TSLAEducation
by SaeedSajedi
6
ETC Ethereum Classic in a step down downward channel. Must see!Hello dear traders, I received a few questions about how Ethereum Classic ETC is doing. I have studied this and I see a downward trend channel with a step pattern which is repeating. I expect a breakout after ETC falls around the 100 level, the purple arrows. A breakout could also happen now following the blue arrows but I do not expect that. The last option, the price drops to 80 and then breaks out upwards. Below this price of 80 I see the bullish scenario evaporating. This is a hypothesis and a look at how things could go. Not a prediction but just possibilities with levels to follow. After a breakout from the channel at any level, wait for a re-test with good volume , Place the stop at the last swing low. If BTC starts to drop strong and suddenly then the ALTS will go down much harder. If Bitcoin drops or rises slowly, the ALTS may start to rise again. Therefore, always follow Bitcoin . The leader of the cryptos! See my previous analyses for up targets and support levels! Dear traders, this is of course my own personal view of ETC Ethereum Classic and not an investment advice. Always use your money management and a good stop loss before placing any trade! This way you stay in this game! Have fun and trade safely! If you appreciate my posts, it would be nice to follow and like me! It motivates me to continue with these analyses!
by PegasusTechCharts
24
ETC - The forgotten I don't want to spend too long on Ethereum Classic, because I don't think it would deserve too much attention, other to say that this should get a big boost from the miners that are leaving Ethereum. I understand that BTC is getting its all time high right now, so this will drop in the very short term. TA: - Golden Cross of 50MA over the 100MA with very bullish movement directly after. - Bullish Divergence of RSI, as Price declines yet RSI improves with higher lows. - Price movement moves up and over the 200MA, after bouncing down from it previously. This is set up to be future support, which could lead to a very substantial bullish movement if it bounces from it. Some History on this idea: To understand why I would pick a project that has been hacked so many times, we need to think about what is happening on Ethereum currently. We had a Proof of Work coin, that has been #2 Market Cap since it started, and has shown signs of fast paced growth vs Bitcoin. However, as of 2020, Ethereum decided to start down a new path, one that will end mining on Ethereum forever, and will become a Proof of Stake coin. The Miners, who were already upset at the decision, were dealt another blow as Vitalik introduced EIP1559 - coincodex.com EIP1559, as shown from the Article, is set to greatly lower the amount of Gas fees of Ethereum, by removing inefficiencies that coincidentally help enrich the miners. The miners have not been silent about this change, and have threatened everything, even hacking the project itself. With the revolution currently raging, the next logical project that reminds miners of Ethereum, is Ethereum! Classic. ETC is still the original Proof of Work project that resulted from a Fork early on. My theory is that as time goes on, and it becomes less profitable to mine ETH, which eventually goes down to 0 - that ETC will take its place as the preferred coin to mine, which will result in a pretty substantial gain in the price of ETC. I think it will happen during the next 3 months.
Long
by Shwayze
4
ETCETH - Very BullishThis trading pair is very bullish. It would be wise to swap a few eth for etc if you have any. ETC also seems to be a good buy in general based on this analysis. The gray slant trend line is a magnet, so the pair should see a parabolic rise soon. There is also a very long term falling wedge. Putting both ideas together leads me to believe in high targets for this pair. Swap and hold or buy some ETC. It should work out. Expecting a triple up to 0.025, so with current prices ETCUSD would be $36.
Long
by UnknownUnicorn8174991
Review of the Eurusd (signal and education)hi kids . This chart shows the entire descending path and the end of the fall Also, the analysis that has been done on the euro since the beginning of the fall is below the post. All predictions by the fundamental method. Classic and explore the waves In this chart you can see that the end of the growth of the euro was predicted at the peak In this chart, in the classic review, it was stated that if the canal floor is broken, at least to what point will the price fall continue? Classic reasons were also updated in this chart Finally, in this analysis, the reasons for the need for a complete function from the point of view of wave study were stated Good luck
Short
by sabbaghzade69
Ethereum Classic Vs USD for 02.08.2021Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... Hourly Chart is being used for this post! It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it. From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line! I would love to hear what you think about this post! Happy trading, and thanks for reading.
COINBASE:ETCUSD
by ADHDing_
1
ETC 1D Aggressive buyer made x2, and you?It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it. The previous idea worked out quite interestingly: At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months. Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2. If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months. Now the ETC price is trying to fix in the upper half of the channel. If this trend continues, then in the coming days we should expect growth to the level of $9 , where it is worth more closely monitor the behavior of players in the trading pair ETCUSD. After all, the further price movement will depend on it. We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2
ETC 1D There is interest in the coin, but for how long?From September to mid-November - 2.5 months, the accumulation of Classic continued. As a result , a powerful shot upwards by +60% at decent volumes. However, the previous high could not be updated, although the global target, where sellers should drive the price, is in the range of $9.70-10. Now a few scenarios for the coming days-weeks: 1) ETS fixes above $6.40 - the result is: continued growth to the zone $7.40-7.80 , where sellers should become more active. - if sellers cannot protect the last bastion $7.40-7.80 from the invasion of buyers, then the price will be broken up to the zone of $9.70-10. 2) the most pessimistic forecast is that if buyers do not have enough strength even to fix above $6.40, then the price may fall like a stone downward. The level $3.50 is waiting. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
3