Ethereum Classic (ETC) Sell ZoneEthereum Classic (ETC) Buy Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : High
On 4 hours timeframe, we’re still expecting form out bearish pattern, currently its facing out the mid-term resistance zone.
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$ETC/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 39 - 41
TP 1 : 37.35
TP 2 : 35.9
TP 3 : 34.4
TP 4 : 32.9
TP 5 : 31.45
TP 6 : 29.45
TP 7 : 28.15
TP 8 : 26.75
Stop Loss : 42.25
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Etc
Ethereum Classic Bullish Breakout After 300 Days (100%+ Easy)Ethereum Classic (ETCBTC) moved together with the rest of the Altcoins.
It peaked May 2021.
What followed was a correction that latest 300+ days.
We have a falling wedge pattern and higher low...
A bullish breakout is taking place today.
We can expect additional growth...
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Namaste.
ETCUSDT Midhigher to Daily tf Range Updated till 20-3-22ETCUSDT mid-higher to daily timeframe range, i can see only right swing setups that been worked which was safe too compare to other alt's . not as fancy as other alt's in the market. of course its not as easy as to pump it either. its an old alt with lots of holders and the more heavy it is the more money it needs to pump.so not as shinny as its top competitor less new retail interest it get caught but in crypto market we can always expect unexpected.
ETHEREUM CLASSIC (ETC) has hit daily EMA200, lock your profit!!OKEX:ETCPERP
Due to the recovery of BTC, ETC pumped over 40% in 2 days after the volatility warning signals appeared.
The volatility warning signal on December 3 was extremely good. The price dropped 40.72% in one day just after the volatility warning appeard.
ETC Daily analysis :
At present, the price has reached the daily EMA200 long-short dividing line + the previous resistance leael = 2 BUFF
Don't bet on breakthroughs EMA200, lock in profits, and take 50% profit first.
The remaining 50% of the positions depend on the 1-hour or 4-hour trend structure of ETC.
If there is a structure of energy exhaustion, the highs gradually decrease as the lows gradually decrease, close all the position.
If the momentum can remain strong, the highs continue to rise as the lows continue to rise, hold the rest of position.
ETC 1 Hour analysis :
Keep an eye on the 1-hour EMA20 and EMA50.
If the price reaches the support area of these two moving averages, and any 2 of the 4 BUFFs appear, you can go long (the more BUFFs, the safer, the better)
1. Price Patten (Double bottom, reversal h&s,etc)
2. Moving Average
3. Candle (bullish engulfing, Dragonfly doji, hanghing man or hammer,etc)
4. Divergence signals
Summarize :
On the daily timeframe, the price has reached the EMA200 long-short dividing line, and locking 50% of the profit is necessary.
on the 1 hour timeframe, you can find patterns and moving average as low-risk areas to open long position
*The risk of each trade is 0.5%~1% of the total assets, and the maximum risk should not exceed 2%.
ETC/USDT - Potential 293% SetpHello Traders!
ETC continues to move in a downtrend, completing the previous business cycle.
The price range of $11.30 - $14.50, from which the acceleration of upward movement began in the spring of 2021, will be a comfortable zone for formation of a medium-term position.
It will be necessary to close the position by stop-loss only in case of decrease of the price under the support level of $7.28.
It will be a good opportunity to fix profit on such deal within the price range of $29.00 - $44.50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
🆓Ethereum Classic (ETC) Feb-16 #ETC $ETC
ETC is under strong selling pressure after rising sharply from the $22 zone to the $36 zone and in the next few days it could correct to the $28 zone to retest this zone before continuing to move up to the $40 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 28$ zone
🔴Buy : 28
🔴Sell : 34 - 40
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 28$ zone
🔵Sell : 28
🔵Buy : 24
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section