ETCUSD
ETCUSDT , We should buy because of ... Hello guys
Whats up ?
In here we have new rally that was started from some days ago , we are in between two minor zone , according to the market and condition of the psychologic of fear and power of market I think we can break the minor resistance if this candle is closing like this ( Ascending cover ) , and we can put Stop loss according to the chart , and we should wait until the price reach to the first Tp and then we are analysing the chart for others scenario .
Dont forget put stop loss and Tp and dont forget money management
First take signal then take long position and buying , We need signal like Hammer or Ascending cover or ...
Good Luck
Abtin
ETH Where will the Bull go?/Bullish PerspectiveBYBIT:ETHUSD
Notice in chart---Red: rise; Green: fall
1D trend chart
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1. Pattern is forming
Since 2020 Dec., ETH takes around 10 months to build a beautiful Cup and Handle.
We just confirm the handle formed while the orange downtrend line was broken out recently.
From the period this pattern took, we presume that a surge will happen before 31 Dec '21
*Cup and handle is a strong bullish signal that extending an uptrend.
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2. What should we notice?
Considering the pattern may not form directly, should presume that price might retest the downtrend(orange line) again.
Also, all previous highs are resistance for price, so remember to be cautious when 4035.5 and 4383.5 coming, consolidation easily occur while approaching them.
Furthermore, nothing ever get 100% chance, so we shall setup stop loss.
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3. How can we use it?
For Aggressive traders, you could buy immediately while the handle downtrend(orange line) was broken, once this pattern completed, your risk is low as the price go high.
For Conservative traders, you could wait the downtrend(shallow blue line) or previous high(4383.5) are taken out, this Cup and Handle pattern will be completed at that time.
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4. Bullish Target?
With Fibonacci levels, there are some long-term targets we expect.
a) 5422.30~5842.40----Fib(1.272~1.382)
b) 8202.55----Fib(2)
Anyway, never forget to control your risk
Stop loss: 2642.2
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Let's see where ETH can bring us to!
Trading is a reflection of yourself, sometimes you need to take a step back to see more.
Learn more daily and Be ready for any opportunities daily.
Have a nice trading!
ETCUSD H4: +50% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
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ETCUSD H4: +50% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ETCUSD 4hour/candle chart review
::: range locked price action
::: expecting pullback/correction soon
::: updated/revised outlook
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: pullback/soon CORRECTION MODE
::: BUY LOW near S/R level
::: entry - early October 2021
::: for now expect PULLBACK/CORRECTION MODE
::: will last 1-2 weeks
::: up to 50% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +50% gains
::: details: see chart
::: FINAL TP is +50% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/50% gains
::: Sentiment short-term: PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ETC broke down long term support#ETCUSD
$ETC just like $DOGE broke down the long term ascending support line and confirmed it as resistance, and now price is above a weekly support zone, if price hold this support zone and break the ascending resistance we will see more uptrend.
but I think it is possible to reject from resistance another time and going down to $16.
Ethereum Classic (ETC) - September 28Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart) - Mid-Long-Term Perspective
Above the 25.179 point: The uptrend is expected to continue.
(1D chart)
Support section: 37.180-47.947
First resistance zone: near point 69.480
Second resistance section: 94.012-101.779
If it falls from the support zone, it is likely to move towards the 16.722 point, so trade cautiously.
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(ETCBTC 1W Chart) - Mid to Long-Term Perspective
Above the 0.000970 point: An uptrend expected to continue.
(1D chart)
Support section: 0.000723-0.000906
First resistance section: near 0.001374
Second resistance section: 0.001642-0.001825
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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 yet been released.
(Because it is not public, 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/USD: Bullish butterfly PatternEthereum Classic forming a bullish butterfly pattern. This it's an Harmonic Pattern and it's bullish signal. We're in Daily timeframe and also, Ethereum Classic make support in the EMA 200. So, in medium term, Ethereum Classic could to move up toward $60.25 USD next resistance key and $78.28 USD next up 2nd resistance key. The 2nd resistance key it's my target in $78.28 USD. So, Ethereum Classic it's bullish.
Now, in this screenshot, I make an analysis of Elliot Wave Cycle and we pass the Elliot Wave cycle and Elliot Wave correction. Right now, Ethereum Classic coud to forming a new Elliot Wave Cycle so similar in the past when Ethereum Classic went from $7 USD to $130 USD aprox. Then, Ethereum Classic pass for the correction toward $130 USD toward $40 USD in average. Right now, Ethereum Classic continue ascending in this model where forming like a channel, but I called it what this could to make an explosion in the price in the incoming months.
So guys, what do you think of Ethereum Classic like investment or making a position trading in the market price $51 USD aprox. and put the SL in the $35 USD approx and my target toward $1,000 USD and keep this positon trading during months. This could be a extraordinary profit of over 1,800% if you keep this position during the next months. But yes, using a small average but depending the collateral what do you use for deposit your crypto assets. You can to use 25% of your 100% of your collateral and keep this posiiton to generate your favorite cryptocurrency.
Guys, if you like this analysis, please hand up, share this analysis with others crypto-enthusiastic, traders and people who interesting to know this information about Ethereum Classic.
So, I just entry in this long position toward $78.28 USD. This it's my target and I entry around of $51 USD and I put my SL at $40.50 USD. Now, I think that Ethreum Classic in my own opinion it's that has future, I do not going to invest in this cryptocurrency, but in the future, I may to interesting or I can to make a small leverage to invest a position trading and keep this position trading until $1,000 USD just keeping this position during months.
Ethereum Classic to $1,300 USD in the next monthsI just want to share my idea what I thinking about of this cryptocurrency. There's an interesting sight to look how Ethereum Classic it's preparing to make a new ATH to mark over $1,000 USD in the next months. This it's just my idea. Look, ETC break out the historical maximum price of $46.85 USD and this cryptocurrency could to repeat this pattern multiply x2 the 1,355%. This could to put this cryptocurrency to overpass to $1,000 USD or more.
Now, do you hold this cryptocurrency or you're interesting to trade this cryptoucrrency during this bull rally?
ETC nearly 20% drop incomingRight now ETC is trading near the resistance area, which previously was the support and the bottom of the range. The range has been broken, inviting more and more buyers in the short to medium term. This increases the probability of further decline potentially by 20% or even more.
Possible rebound of ETCUSD!!??Hi, guys, this is my first contribution to this community. I just started learning Technical Analysis not long ago, I am studying TA using Technical Analysis of Financial Markets. The current EMA 200 on the daily chart is rising and is about to converge with the price. As you can see on the red dotted line, which is basically an extrapolation of the EMA 200 with the same slope. Now the price is moving in between the 59.368 resistance level and 53.031 support level. currently, as we can see, the EMA 200 is approaching to the support 53.031. I personally believe this will become a very strong support level since both 53.031 support and EMA 200 will provide support. As you move toward the left of the chart, you can see, there are couple incidences in the past . The price bounce off the EMA 200 with substantial gain and none of them penetrate below EMA 200 before the rebound. This time with the EMA 200 higher than before. If the price successfully bounce off the EMA with enough "momentum," we might be able to break thru the 77 price level and reach a new height. What is your thought?
ETCUSD - 1-2 1-2: more correction or imminent wave3 of 3 coming?Hello traders and investors,
If we still consider the idea of a 1-2 1-2, and we keep a bullish long term sentiment on this pair, we could consider last week deep impulse (someone called it the liquidation spike) as part of wave 2 correction. In particular, a-b-c flat regular. with wave C ending at 61.8% of wave minute green degree.... (what a coincidence?).
I think we still need to see a clear bullish impulse that resumes the main trend (which I call wave 3 minutes of wave 3 minor of wave 3 intermediate).
Know, we can discuss the wave degrees, but something very clear to me is: I keep my ETC in my portfolio!!!
Thanks for reading and your appreciation for the recent analysis.
Ethereum Classic (ETC) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSD 1W Chart)
If the price maintains above the 16.722-25.179 range, we expect the uptrend to continue.
In particular, if the price is maintained above the 42.100-47.296 section, it is expected to create a new wave.
(1D chart)
You should see support at point 57.934.
If the price is maintained in the 47.947-69.480 range, it is expected to turn into an uptrend and rise.
If it falls in the range of 37.180-47.947, Stop Loss is required to preserve profit and loss.
However, it is possible to touch near the 16.722 point and rise, so you should also think about reacting to it.
If the price is maintained by moving up to the 69.480-91.012 range, we expect to re-establish the trend in the 91.012-110.779 range.
A significant resistance interval is the 118.979-134.078 interval.
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(ETCBTC 1W chart)
If the price holds above the 0.000970-0.001374 range, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 0.001274-0.001642 range, it is expected to turn into an uptrend.
If it goes down, you should see support at the 0.001213 point.
If it falls in the range of 0.000723-0.000906, it is possible to enter the mid- to long-term investment area, so careful trading is required.
We need to watch to see if there is any movement to stock up on the upward break through the volume profile spanning the 0.001816-0.002334 section.
------------------------------------------
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 uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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 the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)