ETCUSDT
Ethereum Classic (ETC) forming Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with BTC pair.
In previous trade ETC slightly move below the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, ETC is about to complete a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ETC - Have I missed the train?This is a slightly alternative view from the my previous on ETC's bullish double bounce.
In this one I want to focus on people who think they've missed the chance.
This depicts a text inverse head and shoulders (bullish) pattern. If this plays out as I have drawn, then the only time left to buy would be around $19.
For those waiting for an additional bearish phase, this would be a good time to pick this up.
Otherwise, continue following the other charts.
I will link them below.
ETC (watching price action)ETC / USD
Multiple attempts to break the major resistance on high time frames
The yellow area marked in my chart is very important for watching to see how the price action will play out
-If bulls cleared the resistance with weekly candle close above trendline this will be a sign of strong bullish wave coming in next days/weeks
-If a weekly candle closed with bearish engulfment the bullish view will be invalidated… so lets see how the bulls will act here
ETC - 4H BearishETC has a nice and neat upward trendline, and the price is touching the trendline again. We have some weak signs for continuing the growth, and it's more likely that the price will cross the line.
There is a lower high, where we had a powerful rising candle that didn't continue. These signs show us weakness.
can ETC see $90?#ETC/USDT
$ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down.
🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming weeks.
🐻 but if bears break down price inside ascending channel price may drop to $25 and even $18.
ETCUSDT 1H TA; Resistance Zones According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
⚡️ETC/USDT LONG TRADE SETUP⚡️ETC currently retesting the upper trend line and we can go long from the current level for short-term gains.
#LONG ETC/USDT
ENTRY: BUY AT CMP AND ADD MORE TO $38.660
TARGET : 15% - 20%
STOP LOSS: $37.617
LEV : 10X - 20X
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
BITCOIN:H4Hello friends
📉Based on the chart: Important levels are marked
.The price has reached a short-term downward trend line. We are waiting for a trend break or a price correction
.The price is moving in two short-term ascending channels at the same time
.This analysis is personal opinion
.🧲Follow me to see more analysis
.✏Analyzer: Joseph
.Date of analysis:31jul
BITCOIN : H3:UPDATEHello friends
.Update analysis
.Based on the analysis, we expected an upward movement, but before that we were in the perspective of price correction. The price continued to move upward without correction.
.The price target is the ceiling of the channel
.This analysis is still active
.You can view and compare the attached chart and analysis
..Follow me to see more analysis
Date of analysis:30jul.
Analyzer: Joseph
Ethereum Classic UpdateWe've come a long way since our first ETCUSDT chart on July 16, but we believe this Altcoin pair has more to give.
Here is the previous chart:
Ethereum Classic vs Tether (95% Target Mapped) | 16-July-2022
You can check the "RELATED IDEAS" below for more.
Thanks a lot for the continued support.
Namaste.