ETHEREUM CLASSIC: NOT BE TOO HAPPY FOR NOWHi guys, in these days we are seeing many pumps in alt market, and it's beautiful to use it to accumulate more Btc.
The main question is how long it will be last?
I'm not sure this is the real start of the next bull market, maybe we can see a fake pump and only after this pump and dump will see the next raise.
So, for me, red and yellow are the main pattern for these days, but doesn't mean i'm short...just that i ready to exit at some point to reaccumulate later.
Let's see what will happen.
ETCUSD
ETCUSD ❕ price is over liquidityETC is out of the liquidity zone and downward channel.
Volumes again began to show interest in price growth.
TD Sequential formed a reversal signal upwards (1H TF).
Price tested 100MA as support and 50 as resistance (1H TF)
BB indicator is overbought (30M TF)
I expect ETC to move near resistance level, but after fixing above it will continue to grow.
Ethereum Classic (ETC) - July 19Hello?
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(ETCUSDT 1W Chart)
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If it touches the resistance section of 36.26-47.10 and falls below 30.50, Stop Loss is required.
(1D chart)
The key is whether it can move higher than 30.50.
To do that, we need to make sure we can keep the price above 22.51.
The interval 36.26-47.10 is the interval that determines the trend.
Therefore, if it is supported and rises in the 36.26-47.10 section, it is expected that the uptrend will continue.
If not, Stop Loss is required to preserve profit and loss when it falls below 30.50.
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Why is the price rising and why is it falling???
You don't have to waste time trying to figure out the reasons for the rise and fall, because you don't know how far it will rise or how far down if you know the reason.
If you find a reason, you can create a basis for subjective judgment and proceed in a strange direction.
When the price rises, it is better to focus on which section to sell and check the movement of the chart.
You can respond based on whether you find support or resistance at the support and resistance points on the chart.
When you start trading, you sometimes overlook the current movement and unconditionally hold on to the desire to get more profit.
It is extremely rare and close to luck that such holdings can yield large returns.
It is often the case that after earning a large profit from such good fortune, they trade excessively and return the profit.
The stock market or coin market is an investment market that earns money by reacting.
Thus, it is a market that reflexively gains profit by identifying price movements and responding appropriately to reduce losses.
If you trade to get more profit, you will overlook the loss and end up trading with a big loss.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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 through split trading. It is a short-term investment perspective.)
---------------------------------
ETC can go lower than you can imagineAs we can see on the ETC chart, even levels formed without removing liquidity. Major stops and liquidity are below previous lows. Locally, upward movement is possible, but globally, we have an untraded part of the chart, where small holders capitulate, and big capital can gain their positions. Since before that the price had risen to $140 with no volume, I think that the growth was manipulative and we easily can see POI 1 and POI 2 IN THE CASE IF THE PRICE EXITS OUT OF THE UP CHANNEL.
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.)
---------------------------------
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 74.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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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 ❤️
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 76.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
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 ❤️
ETCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 76.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
#ETC/USDT 12HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this ETC/USDT 12chart analysis.
#ETC/USDT LONG TRADE SETUP (SPOT CALL)
ENTRY:-$21.90,$22.60
TARGET:-100%
STOPLOSS:-$19.58
As we can see from the above-mentioned chart that ETC usdt is currently trading inside the falling expanding channel pattern which is a bullish pattern.
Here ETC needs to break above the upper trend line resistance to get Ito the bullish mode.
We can see ETH pumping upward towards the price level of $45 in the upcoming months.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Death Cross Forms on Ethereum Classic Daily ChartEthereum Classic (ETC) printed the death cross signal on the daily chart, which is a warning signal that calls for more downside. The death cross signal occurs when the short-term 50-day simple moving average crosses below the long-term 200-day simple moving average.
Death Cross Signal
The last time the death cross signal occurred in October 2021, ETC fell by 62%. However, the last 3 times that ETH saw the death cross, it acted as a contrarian signal. On average, the death cross signal has triggered around a 30% sell-off before bouncing back. A 30% sell-off could send ETC's price down to around the $14 level.
In the short-term, ETC’s price is facing resistance between $24 and $26. Simultaneously, the RSI oscillator is also approaching the 50 mid-level. Therefore, if the RSI oscillator is able to break above the mid-level 50, bullish momentum may come back to the market.
Other Side of the Coin: On the flip side, a daily break and close above the $24 - $26 resistance zone could open the door for a retest of the 50-day SMA, which currently falls at $29.70. Further to the upside, the next major resistance comes around the $37.50 level.
Ethereum Classic (ETC) - May 24hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSDT 1W Chart)
There is virtually nothing to say because it has gone down more than I imagined.
ETC's only hope is whether mining can be concentrated on ETC after ETH is converted to POS.
In order to continue the upward trend, it should rise to the 36.26-47.10 section.
(1D chart)
Below 36.26 is a mid- to long-term investment area.
Therefore, it is not advisable to trade within this interval.
However, the important key is whether or not it can rise above 36.26 in accordance with the movement of BTC or ETH prices.
Below 16.05 is most likely a long-term investment area, so you need to trade cautiously.
For now, we need to see if it can go higher than the MS-Signal indicator.
** UNI and ETC coins were published with the expectation that there will be a movement to turn to an upward trend by touching the MS-Signal indicator on the 1D chart.
------------------------------------------------------------ -----------------------------------------------------
** 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/USDT Secondary Trend Pivot Area Triangle 327 (pennant)Huge pumping +3100% c accumulation (fractal repeat 2017 May). Rollback. Which formed a triangle with the base of 327% (potential upward pennant) in the case of a breakthrough resistance and upward price exit to the upper boundaries of the channel. Zones of levels to work showed on the chart.
The work is acceptable to traders (sham traders are not allowed as on DOGE). Tool for super profits smart people (partial reset with gift zone holding). Newcomers to trading or those people who even in the bull market manage to lose - find another tool to work with. Traders can make a lot of money.
Coin in coenmarket : Ethereum Classic
The main trend of this coin right now .
ETC/USDT Main trend.Triangle. Psychology. Pamp