ETC- Ethereum Classic Possible increase to 60 usd + 30% + inc..Hello trading friends,
ETC shows a possible day trend breakout for the coming time - if this target plays out we could see a 30% increase trend on ETC.
With the trend, it can still break down - but the whale interest on the level increase is still possible, as this coin can get a choice out since whales have some effects to choose a coin. ETC is not only interesting.. but it have also the TA to increase.
Targets
TP 1 56 usd +
TP 2 60 USD + this could be a 30% + increase
As always manage your risk always, and don't enter any coin with no SL.
Have a great time.
we will follow coming time this coin and update the targets as we do always.
Follow like for more. thank you
Ethereum-bitcoin
ETH Breaks $2400!! Finds Support from BelowEthereum showed very strong momentum and was able to peak above a significant level before retracing. Indeed $2400 seems to be a significant barrier for ETH but it is a good sign for bulls that it was able to break this level even just for a brief moment. A red triangle on the KRI confirmed the resistance. After this, ETH retreated back to comfort and support at $2143. The Kovach OBV is still strong but does appear to be rounding off. This suggests that current levels should at least hold for now, though if another selling wave comes through, we will have support in the lower $2K's. Watch for ETH to establish value in this price neighborhood.
ETH / BTC LTF BreakdownI think ETH will lag to begin w/ when BTC breaks out of this range.
Current structure just looks too toppy.
I'll wait to ape in until a break above ~ .07.
(yes obviously USD price will still go up so don't freak out)
Also I still think ETH/BTC will make a higher high before the end of the bull run.
Not out of the woods, yetso i see a lot of people have done a complete 180 in their attitude toward the market in the last 48 or so hours, since we've had this rapid and substantial upwards price action these last two days. while i am about as bullish as it gets when it comes to Ethereum and Bitcoin (and many altcoins), I think it is still very wise to approach the next few weeks with an extreme abundance of caution. Don't think for one second that the Musk/Wood/Dorsey meeting was not timed very thoughtfully. I personally don't think we are going to enter a PROLONGED bear market, but we HAVE to be open to the possibility that this thing could still see some very nasty drops before we get back on the inevitable track to new all time highs. The run the last two days has halted exactly at this fib level that i actually posted in an obscure idea about a week ago, stating that it is a very crucial level for ethereum (its actually titled "crucial level" lol) The charts are still very very clearly bearish at the current moment, and we didnt actually break any significant levels that should suggest a market reversal to the upside. In fact, we are still forming a textbook descending triangle after a massive drop of 50+%, and you can clearly see the significance of this blue fib circle level. Capturing support on this level is the first step on the road to ATH's, and then we still need to invalidate this descending triangle. I know btc broke down from its own descending triangle and managed to find its way back inside, and i know quite a lot of people are calling this pattern for ETH a falling wedge, but guys. This thing is textbook. Im not saying anyone should buy, or sell anything, just that we need to be very diligent here these next few weeks especially with trading. And be cognizant of the fact that we could very well see some very nasty numbers coming up here soon. Until we invalidate this triangle and break the previous high of $2400usd, we should all be very cautious when approaching the market. You can clearly see the daily RSI forming higher highs while the price action is forming lower lows creating a hidden bearish divergence. We should all remember what it is we are trading in this space: human emotion. The only thing that changes faster than the price of eth or btc IS human emotion, and we have seen just how much of an effect it can have on price action. Just as quickly, though, that emotion can swing the other way and it could get ugly. The charts, however, are completely objective and quantitative, and right now, they are still very bearish on all time frames, even the weekly now. We are forming a bullish pinbar in the current weekly candle, which can be a good sign, however, last weeks candle closed the lowest it has since March for Eth, and December for BTC. Not saying that we cant still go up from here, this is crypto. We should just all proceed with caution here as the best accumulation opportunities may still be ahead of us, and its best to have at least some dry powder ready to capitalize. I dont mean to sound overly bearish, we have just seen these exact types of times before and they have both not ended well, and they have gone against all TA and shot straight up as well. I just dont think its the time to go "all in", if you will. we should at least let this triangle manifest itself before going to any extremes. Im saying this because im seeing people all over the internet talking about things like selling their car, selling this selling that to go all in on crypto right now because of two days of rapid price increase. Especially with the Eth upgrades coming very very soon, we should expect to see at least some kind of rather large pull back before the hype run. Again, I dont mean to sound overly bearish, we all just should be a little careful as to not be caught off guard. Didnt mean to ramble this bad, wow lol. Thank you all for coming to my Ted Talk i guess :p
godspeed everyone
ETH - Daily ChartI'm sure most of you guys have heard the recent news and might think that it can pump the prices.
Well it can! But I'm not sure when... it takes a little time before this news pumps. Right now the market looks healthy and we've already taken profits on today's long positions. I'll keep this chart updated.
But for now, use this as a trade setup for your long positions. Since there are pump news around the market, we can't really be sure about the short positions.
Be careful.
Current Market Price: $1984
Good Luck
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Ethereum Potential Double Top, BEWARE if price break this level!Ethereum has had a nice rally since it formed a double bottom, congratulations to all my followers who took the long trade setup. It is now forming a potential double top, with the neckline at 1930. The double top will only be confirmed if price breaks below 1930, and it will be invalidated if price rallies above the second top at 2025.
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Ethereum Dump Continues RIGHT NOW! We're heading down to 1300$Guys the dump continues right now. We're not coming up any higher. Sell your coins. Ethereum is coming down to 1300$ within a week or two.
I've been right on 4 Ethereum calls in a row. Bearish divergence has NOT failed me yet. Bullish divergence has NOT failed me yet. We are going DOWNNNNNN!
Imagine If we just.... Traded sidewaysImagine if we just continued to stay in the range... and this happened. The dashed line is a presumptive continuation of the current trajectory of the market.
This is another scribble of mine I am not suggesting this with much certainty in comparison with my usual posts, In fact, I think it is much more likely we go straight down.
ETH/BTC Spread: Still has way to go to reach the bottomI said in my previous post that I'm eyeing a bottom around 1700 for ETH. The price is currently at 1815 as I am writing this piece. I don't know if 115 points is enough for that indicator to touch the final point of the triangle. That's why I'm bringing the hypothesis ETH may undershoot below 1700 to possibly even as low as 1550 for a couple minutes before bouncing back to 1700, crashing all the other altcoins with it. We will see how it plays out but I'm paying attention to when this indicator touches the bottom of the barrel.
Ethereum Holding a Narrow RangeEthereum is holding a narrow range after the head and shoulders breakdown from $2025. It looked like we were preparing to test this level again, but fell just short and returned to support at $1872. Volatility has consolidated significantly, suggesting a breakout either way can be expected. We will find further support from $1821 and $1795. From above, $2025 will be a significant level of resistance. The Kovach OBV does appear to be creeping up, showing a slight bull divergence, so perhaps a pump is near.
ETH - Sentiment and StructureAt a time last year sentiment felt very similar after a large correction, many calling for lower prices, yet we went up. We have consolidated for long enough at these prices.
I used the "Bars Pattern" tool to take the part of the chart highlighted in the circle and overlay it with the recent prices action. Obviously, this is just a generalized idea of where price may go.
Potential Ethereum Bullish Cypher Harmonic, +30% gains. (Part 2)Ethereum continues to post more bullish divergences on the Macd as well as the RSI . Ethereum just had an RSI trendline bullish breakout. Ethereum just confirmed the .786 as a bottom in my opinion.
This is making me so sure that we are completing the D wave of a bullish cypher which will take up up to 2550-2600$. I think 2550$.
If you are short in any crypto it is a good time to close your shorts for about a week. Ethereum is coming up 30% from where we are now. All other cryptos will come up with ethereum .
Once we get up to 2550-2600$ that enters potential BEARISH gartley range. Super excited for that. I think that will be the end of crypto for the rest of the year. One step at a time though... we're bullish for a week or two.
The truth that the BTC maximalists do not want to hear1. Ethereum becomes really really soon deflationary
2. Ethereum moves from PoW to PoS
3. The idea of introducing smart contracts on l2 (btc) weakens the principle of Decentralization. Keep it real on l1, this is probably what satoshi would have said too
4. Institutions are increasingly interested in ETH because, in addition to a storage of value, it offers other advantages & use cases
5. ethereum is scalable
6. Because bitcoin is so speculative, the whole market is suffering.
Shoot this fkn gem of big banks & big companies to the fucking moon. TIME TO DETRHONE THE OLD KING!
This is just my personal opinion, of course, can also be different but I hope that it will happen that way!
Ethereum Long Trend AnalysisThe crypto market is maturing into a whole new asset class on its own right. As such it does follow its own internal cycles. Primarily driven by bitcoin and the alt season cycle. In the chart we observe 3 major trends in color. Subdivided in channels. Also please note the 1st December dates marked below. Indicating the start of outperformance of eth and other alts over bitcoin.