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Ethereum Classic (ETC) formed bullish Gartley for upto 162% moveHi dear friends, hope you are well and welcome to the new update on Ethereum classic coin. The previous trade setup of ETC produced more than 1400% rally: Now this time daily time frame chart, the price action of the ETC has completed the final leg of another Gartley pattern. Buying and sell targets: Buy between: $82.30 to $57.10 Sell between: $102.14 to $149.77 Stop loss: The maximum extent of potential reversal zone to $57.10 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility up to 162 % and a loss possibility is 31%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
COINBASE:ETCUSDLong
by moon333
1
ETCUSD try to quit panic sellingThe advisor marketMiracle generated an input signal for ETCUSD at a price of 71.17 USD con target 98,97 price that I see slightly to rise for the obstacles present in the diagram. The chart is compatible with the signal, the marketSentiment is rather negative yet but cryptos are famous for changing it very very quickly. This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration.
BINANCE:ETCUSDLong
by MarketMiracleAdvisor
Ethereum Classic UP or DOWN? You can read it here! Must see!Dear traders, Here is a short update for ETC EThereum classic. We see the formation of a triangle but also a head shoulder formation. Currently two important issues. 1. breakout below support level and or neckline Head shoulder formation. 2. Breakout upwards with good volume which points to higher price targets. A breakout below 78 then ETC probably goes to 46-50 USD. A breakout upwards then again probably goes to 97.50, 116 and 141 depending on the price action and of course King Bitcoin! You can follow my other posts. Bitcoin can rebound and if it does then ETC will follow even faster. Probably this will happen but nothing is sure in technical analysis! This view is as known my personal view on Ethereum Classic. It is not investment advice but a hypothesis. I respect everyone's opinion even if it is different. Would love to hear your discussion traders. What is your view and very important why! An idea is good but without analysis it says nothing of course.
Long
by PegasusTechCharts
4
Crypto to over take Forex $5Tn a Day next monthI am Bullish Crypto as a whole. Have been investing and trading Bitcoin since 2011. But as a trader of 21 years, I also know for the Crypto sector to remain healthy and flourish, it needs a couple of things. Firstly a rest, it does not mean it's changed to Bearish sentiment. However, knowing that over 70% of retail lose money & it would not surprise me if that is higher when it comes to crypto. You can clearly see some bitter words online - especially when you say the words "short or Bearish". It is for this reason the market needs to take a breather, professional money does not directly equate to flights to the moon. Some common sense is required, if retail sentiment is mostly long - we have seen a buying climax at a wave 3 extension in Elliott weekly terms. So this move sideways is to be expected and part of the natural market cycles. We have a tired Bull and a baby bear. COT leveraged funds are still net short, Retail sentiment net long = who usually wins? Grayscale still offering the biggest discount for their BTC fund. This won't happen overnight, some cycles take years to evolve. We are currently mid-way through a genesis wave, which is being turned into a professional instrument in front of our eyes. There will be heartache, there will be pain and of course, there will be euphoric moments. When Elon stepped up and said Tesla will accept BTC; it added industrial credibility. Other publicly listed firms would have quickly jumped on the bandwagon. Then the pullback tweet happened. This is a speed bump and not the end. As most money managers (managing funds for the wealthy) do not understand Crypto, Blockchain - they will go with what makes sense on paper, BTC has a track record of insane gains, so their exposure can be protected (to a degree) so when they pitch for more AUM (Asset under Management) from their high net worth and corporate clients, they can tick the "exposure to crypto" box. This is why BTC is ahead of the curve compared to most of the other coins and tokens as of today. You can see from my last couple of video posts and our streams, the Wyckoff and Elliott schematics are almost textbook in BTC. But as I said above, professional money does not simply convert to "Bull run forever". The crypto sphere needs some tightening up & again this will be good for the market and sector. Regulators will find ways, the governments will find ways to bring their oppression to crypto. Like it or not, the powers won't take it laying down. Or we will have a world full of bankrupt bankers and Billionaire former postmen & bricklayers (no offense to either profession). So although it's positive - it does need a rest and this is the logical location for that respite. Joking with the title - we are a while away from that. But it might happen - one world currency n all that. We have covered a lot of the charts and logic above, Elliott and Wyckoff in our discord community. Also more streams this coming week. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDLong
by Mayfair_Ventures
14