Ethereum Classic (ETC) Buy ZoneEthereum Classic (ETC) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Now that we’ve seen a cool down in price action, Ethereum Classic has seen a ~10% drop towards $45.5 where it found strong support.
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$ETC/USDT SPOT SETUP
Entry Price : 44.65 - 46.6
TP 1 : 50.6
TP 2 : 54.5
TP 3 : 58.1
TP 4 : 62.3
TP 5 : 70.25
TP 6 : 76.35
TP 7 : 86
TP 8 : 99
SL : 39.45
*Maximum 5% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Etc
ETC is weak but there's at least last final breath to be done...ETC looks very weak after its pump and to me there's noting to expect, however there's a good chance to visit $55 - $59 at least before squeezing down the support line.
I expect it to go below current support, and on its retest, complete 'W' pattern with massive fall down to $13.
Elliott Wave Expanding Triangle Pattern
Hello friends,
A Possible scenario is shown in the chart.
The pattern emerges normally between one rising and one falling diverging lines.
Expanding triangle consists of 5 waves marked 1-2-3-4-5.
The best way to trade an Elliott Wave triangle is to anticipate the end of wave '5'.
Sometimes this is easier said than done!
Personally, ETC is a good long term investment (Also!).
ETC - false breakout as a good buying opportunity!Ethereum Classic broke through an important key level of $46.8. A lot of liquidations took place because of this drop. At the bottom, we can see that the volume has increased, which is a signal of large liquidations. This is a good signal, liquidations are fuel for continued growth.
In case of a false breakout of the 46.8 and 42.15 levels, there might be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 53.87
TP2= @ 56.07
TP3= @ 58.28
TP4= @ 61.07
TP5= @ 65.30
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 53.87
TP2= @ 56.07
TP3= @ 58.28
TP4= @ 61.07
TP5= @ 65.30
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETC/BTC buy opportunity Hi followers,
BINANCE:ETCBTC showing first positive signs for a reversal.
After buyers stepped in on a demand zone, the price formed the first higher low since the large pullback began on may 2021.
If we break the big down trendline, there is more upside.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
₿ LITECOIN 1D ₿ : 10.Nov.2021Profit so far more than 104% ! We introduced it to you at the deepest price (143$) .
TP1 Reached 🚀
TP2 Reached 🚀
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 10.Nov.2021
⚠️(DYOR)