#ETC/USDT 1DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
Ethereum Classic (ETC) continued to trade close to a three-month low on Tuesday, after hitting this mark to start the week.
Yesterday, the token hit a three-month low of $23.10, and 24 hours later, prices remain near this point.
Following a move to a high of $24.31 earlier today, ETC/USD once again moved lower, dropping to a bottom of $23.73 in the process.
This week’s low saw ETC move below a key floor of $23.20, which has been in place since mid-July.
In addition to price, the 14-day relative strength index ( RSI ) has also hit a multi-month low following the bear run.
For traders looking to buy the dip, this is potentially a positive sign, as we are firmly in bearish territory, and could eventually see bulls choose to reenter the market at this point.
Sorry for my English it is not my native language.
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ETCUSDT
ETCUSDTit looks very weak on major resistance. so high possibility to fall through and go down further however will wait to see confirmation.
usually on most retest it is always a decent buy but on this occasion I will wait it out.
with Market looking shaky. trade carefully.
what are your thoughts guys?
ETHEREUM Classic has many miners, they will pump ETC price againThe fall in the ETHEREUM Classic price is happening on lower volumes.
A modest update of the lows and something like a downward wedge is formed within the correction. Usually such a pattern later acts as a continuation of the growth trend.
We think that in the area of $26-28 it is logical to try to take the longs of the ETCUSDT. Sooner or later the ETC price will be pumping again, and the minimum growth potential in the medium term is x2 to the area of 51dollars.
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ETHUSDT | Breakthrough coming soon!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset is now moving in a downward channel, showing a protracted consolidation.
If there is a squeeze to the 0.618 Fibonacci zone, then from there you can consider short with a short stop at $28.80
Guys not financial advice, just sharing my thoughts on the schedule!
ETC LONG IDEAI will not enter trade alredy expose in 2 trades KDA and BTG
risk 1%.
4h trading time frame.
we have two targets:
targe 1 : inside bull flag
target 2 : base in 4h fibonnachi
tradable pattern: SHORT TERM UPTREND
Positive arguments
+forming bull flag with ABC cirection
+CTB counter trend line brake (orange line)
+short term uptrend
+potencial H&S formation
+1D bullish candel stick formation
+bounce from past support (BLUE AREA)
+4h original fibonnachi with confirmed C
🔥 What heppen to ETC after the MERGE? BULLISH FLAG breakout🚩Hi friedns! ETC is moving in the huge bull flag. Let`s talk about the most potential scenarious for the ETC price.
Ethreum Classic is the oldest ETH fork and we see how it`s following the ETH price. Huge dump of ETC happen at the same time after the ETH MERGE. Even if other altcoin make a reverse, the price of ETC will follow the ETH.
✅ After this correction i can expect some pullback. The price fall to 2 important support levels:
1️⃣ the bottom boundary of the bullish flag🚩
2️⃣ the huge value area of $25-28
📊 When you should open a long:
🔥 the whales liquidity collection (false breakout) below the bottom boundary of flag
🔥 the volume growth during the false breakout which confirms the pressense of whales
🔥 DOM and Footprint confirmation of the big orders to BUY at the bottom. These scalping tools help me to identify the whales who want to trap the retailers. In the most cases the bounce from this size lead to the pump and you make 1:5-20RR trades.
🔥 bullish BTC force all the altcoins reach the targets
✅ The closest target is the top boundary of the of the bullish flag ($36-38)🚩 The huge value area are also there, so you can book 50-70% of your profit. The pullback is hughly expected.
🚩 If the price fall below the value area of $25-28 and BTC will be bearish, ETC easilly reach the $15-16. In this case we can open our short on the test of the flag or this value area as the resistance with short sl and nice RR.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETC - Over-Sold Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ETC is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone .
Moreover, the zone 23.0 - 25.0 is a strong support and demand zone.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
Since ETC is around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETC LONG TREND LİNE⚡️⚡️#ETC/USDT ⚡️⚡️ 📶 ETC/USDT – 1hour – Abnormal Volume Detected – 29.19 – 16:51:02 (UTC+0300) – BINANCE –
Exchanges: Binance Futures 🚀
Signal Type: Regular Long
Leverage: Cross (X20)
Amount:0.50%
Entry Targets:
1) 29.190
2) 28.350
3) 27.591
Take-PrOfit Targets:
1) 30.068
2) 30.883
3) 32.284
4) 33.147
5) 34.541
6) 36.175
7) 38.505
Stop Targets:
1) 26.213
ETHW & ETC AWESOME FRACTAL! MIGHT WANNA LOAD UP ON ETHWI went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW . What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW . This is not trading or financial advice this is just my opinion. Thank you
ETCUSDT Long SignalOne of the most searched coin right now and is a killer gem which is ready to explode in the upcomming days, the ETCUSDT is about to take a LONG.
My Setup for this is:
$23.8 - $31.5
One Time Entry: $28
Short Term: 31 , 32.5 , 36 , 38, 42
Mid Term: 48, 52, 61, 69
Long Term: 75, 81, 86, 95
: 20.75
Please be aware with your money!
ETCUSDT | Well, miners, are they mining?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends from the last signal, we never came to test the countertrend one.
While you can see that the asset is starting to consolidate in the range of $33-35, I think from this zone you can try to gain a long position for a small percentage of the deposit (3-5%)
ETH is still gaining momentum but it could be a trap, I wrote about it in another post! So be careful and work with risk management!