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ETCUSDT

Ethereum classic ETC has almost reached the bottom!Hello, traders! Last couple of days we told about we told about crypto assets which have to dump significantly before reaching the actual bottom. Today we have Ethereum Classic which in my opinion has only 20% potential dump before the new bull run . ETCUSDT showed the wonderful corrective wave C which caused the FOMO and hit $45 , but after that the ending wave 5 became the huge disappointment for hurried traders. This wave has the clear internal structure. Minimal Awesome Oscillator value helps us to find the bottom of the wave 3. The entire cycle can be drawn using the wave 3 point. I suppose now ETC is in wave 5 inside wave 5. It has the natural target $12 where I am going to buy this cryptocurrency. Even if Ethereum Classic is a scam the buyer reaction is anticipated from this level because it’s the huge liquidity are. The guaranteed target is the 0.61 Fibonacci at $30 , therefore we can make an easy 2x . I am going to execute this trade. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
3
✳️ Ethereum Classic vs Bitcoin Has 100%+ Potential Or MoreLook at this signal, the RSI for Ethereum Classic (ETCBTC) hit its lowest level since November 2020. Last time this same level was hit on the daily RSI ETCBTC went on a massive bull-run, the biggest in its history. The entire wave produced a total increase in price of 1,816%. A strong/long-term support level has been activated. There is potential for a bounce at this level. There can be one final drop or a period of consolidation before the bigger wave. The time horizon is between January and March 2023 for this bullish wave to take place. Get ready... Be prepared! You've been warned, in a positive way. Time will tell of course. Namaste. Legend: ✳️ = Altcoins vs Bitcoin | ✴️ = Altcoins vs Tether | 🅱️ = Bitcoin | 📈 = Index | 💾/💿 = Stocks/Conventional Markets
Long
by MasterAnanda
Ethereum Classic | DiversifyThis is one of those that I hold personally for a safe double up. I keep conservative targets, being happy with 50%, 70% or 100% and then consider a move to the next pair/chart. Sometimes we aim much higher of course, but that too through diversification; Taking many trades by splitting our capital. Reducing risk and increasing our growth potential. Some pairs will go ahead and grow 20-30% in days and even reach 200%, 300% and beyond. Just one trade can change the course of your portfolio... We can't take them all. Diversifying helps to take advantage of those pairs that move stronger... Since one will only grow by a total of 50% while another can easily do 500% or 600%. If we do 5% on 20 pairs or 10% or 10 trades. We put a strong limitation on any individual pontetial loss. Yet our growth potential can remain really big if we know how to pick the right charts. There are many ways to pick which charts to trade. I like those before the bullish breakout take place. Namaste.
Long
by MasterAnanda
2
Ethereum Classic vs Bitcoin ConsolidationThe bulls have the upper-hand here. Ethereum Classic peaked 6-September vs Bitcoin. A strong correction followed which ended in a sudden stop, flat. Going flat at exactly the 0.618 Fib. retracement level which is the Golden ratio and at the same time MA200 support, on low volume, is a strong giveaway if you are into reading the charts. Some more consolidation yet at any time, ETCBTC can shoot up. A drop is always possible but low propbability at this point. Support remained intact 8-9 Nov. when we had a strong drop all across... If it didn't fail back then, now we just wait for the move up. Namaste.
Long
by MasterAnanda
1
5 Classic Signals Tells Us Ethereum Classic Will GrowWe have a convergence of multiple classic signals on the Ethereum Classic vs Tether chart. Let's look at those now. 1) The classic falling wedge pattern. 2) The very common higher low (Nov.-higher vs June-lower). 3) Price bounce after hitting below the 0.786 Fib. retracement level. 4) Strong RSI (bullish above 50). 5) Trading above EMA10. Each of these signal is strong enough by itself... In conjuction, the paint a clear for ETCUSDT; The bullish bias here is strong. Namaste.
Long
by MasterAnanda
1
ETCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Almost nothing has changed from my last idea, We complicated the corrective structure to a double zigzag (wxy). Entry: market and lower Target: 27 - 37 - 55 MAIN TARGET ZONE: 50-60$ after first target reached move ur stop to breakeven Stop: ~13 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 7 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
7
ETCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 40 - 50 - 60 after first target reached move ur stop to breakeven Stop: ~15 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
3