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
ETCUSD
Ethereum Classic (ETC) - February 14Hello?
Traders, welcome.
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Have a nice day.
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(ETCUSD 1W Chart)
(All: )
Above 19.220 point: expected to continue uptrend
Above the 36.280 point: Expected to revert to an uptrend.
You need to break out of the downtrend line to accelerate the uptrend.
(1D chart)
If the price is maintained by rising to the 38.376-49.785 section, it is expected to rise above the 57.505 point and continue the upward trend.
If it falls in the range of 14.363-19.220, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
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(ETCBTC 1W chart)
0.0009 Above the 70 point: Expected to turn into an uptrend.
0.0018 16 - 0.0023 34 or higher: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** 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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
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ETC- Trend update (LONG)Hello trading friends,
This is a daily update for ETC with the trend expected for a long.
ETC looks to have a stable trend since the breakdown.
Grayscale owns this coin also depending on the dollar cost average - and it shows that it has the possibility of growing in the coming time.
It's always good to wait for confirmations and to buy into the red.
Interesting levels for uptrend are 46 USD, and 53 USD trend further also the important 64 USD level for long term.
Let's see how this coin will affect the coming time, and or it will get a breakout.
Most of the coins waiting for BTC - so it's important also to follow BTC trends - and price changes take also time.
At all times manage your risk well and have a great day.
If you like this idea - leave a like and follow - Thank you
This is not a trading call.
inverted head and shoulders?am not a financial advisor.
ether Classicoutperformed many Alts in 2021 possible to do the same in 2022 and reach 170 dollars again or more.
please take a look at bitcoin. we are not in a bear market yet. Elliot wave of 12345 is not yet finished in bitcoin.
once inflations calms down. we will see a reversal.
btc might hit 40.8- 41 which is the cme gap
but before that happens. we may get a chance to grab some at 30.52 which is the 50ma.
I have my buying order set already
happy trading and happy profit taking
Simple but smartHi guys
The triangle is broken upwards. It is expected that the price will increase to the ceiling after the failure of the midline. Of course, the target will be updated according to the bitcoin trend
What do you think?
If you have any questions, I will be happy to answer
If you like this analysis, like and follow 🙏
Do not pay attention to shadows
This analysis (to determine profit margins) is updated here 🔄
This analysis is a personal analysis and not a buy and sell signal, so it is the responsibility of the person to buy or sell
Also, if you have a suggestion or criticism, we will be happy to hear it
Look at our past analysis to trust us
ETC to 44 USDHello,
Ethereum classic broked out this falling wedge and now a good movement will happen.
A close above 0.000750 sats in 7 hours will put ETC into a nice uptrend zone because will get the MA support.
Stochastic/RSI bullish divergence
ETCUSDT broked out the downtrend, now we need a re-test and after FLY baby
Have fun guys! The target you can see in chart
Ethereum Classic (ETC) - January 15Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart)
Above the 16.722 point: the uptrend expected to continue
Above 36.305 point: Expected to create a new wave.
A stop loss is needed to preserve the profit and loss as it declines from the 36.305 point.
However, if it does not fall below the downtrend line, it is expected to rise, so trade cautiously.
At this point, it needs to rise at least 42.1 points to turn into an uptrend.
However, to accelerate the uptrend, you need to break out of the downtrend line.
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(ETCBTC 1W chart)
Above 0.000970-0.001374 section: expected to continue upward trend
Above 0.001816-0.002334 section: Expected to create a new wave.
Since it fell from the 0.000970 point, it is entering the mid- to long-term investment area.
Therefore, it is important to keep the price above the 0.000629 point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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, price squeezes near a key level The ETC has long been in the $40-$33 range. But the price was never able to hold and corrected below this range.
A trend line and a key level can now be identified locally. The price broke through the trend line and is squeezing near the key level. In a breakout of the key level, there could be a good buying opportunity. Also with every decline, there was a volume at the bottom, this is a positive signal.
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.
It has reached good points for long-term investmentIn the daily timeframe, it has reached good points for long-term investment, and you can enter in this range and if you test $ 28, in that range for the long term. A negative trend line (RSI) is observed, which has been reacted to this line many times. If this negative trend line is broken on a daily TF, it can give traders a good profit. Currently, in the range of $ 33, there is a weakness in the trend, and it can have a return to the range of $ 36 and $ 38.
ETC - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ETC is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: ETC is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, ETC would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Everything goes according to plan!
Hello friends,
A Possible scenario is shown in the chart. As you know, this pattern is a Pennant (See attached Idea). It's taken me a little time to discover whether the pattern is a real pattern or a disguise, Now I know it's true.
ETC (4h)-Technical section:
RSI *** 53.73
DMI is Neutral
Oscillators:
Moving Average Convergence / Divergence *** Buy
Momentum Indicator*** Buy
Bull Bear Power is neutral
Moving Averages:
Ichimoku Cloud is neutral
Volume Weighted Moving Average *** Buy
Hull Moving Average *** sell
For more details, See attached Idea.
Why ETC?