Ethereumclassic
ETHEREUM: Another bounce from key supportTechnical analysis of Ethereum (ETHUSD) - view in H4-chart
After the small double floor, which had brought the listing up to the target area we were aiming for, Ethereum turned south again, starting from the rally high at USD 2,410. The breach of the support zone at USD 2,018 / 2,050 sent a bearish signal and made it probable that the medium-term critical accumulation zone at USD 1,700 / 1,730 would be tested again in the near future. With the low at USD 1,717, this target was also worked off on Tuesday.
Resistance ahead
Since then, there has been a lively recovery trend. The price recently penetrated the short-term significant resistance region, which extends to USD 2,050. It remains to be seen whether a sustainable breakthrough will be achieved. If successful, we believe that further price gains towards the next short-term trigger level at USD 2,193 would be likely. Overcoming it would ultimately speak in favor of a renewed push towards the more important hurdle at USD 2,410.
Critical only below USD 1,820
A pronounced consolidation of the latest price surge or a more pronounced rebound from the current hurdle would not come as a surprise. An immediate clouding of the very short-term chart image would only occur if the coin slipped below the USD 1,820 mark. Then we would favor another serious test of the $ 1,700-1,730 central support area. In this case, we consider the risk of a bearish breakthrough and thus a continuation of the overall downward trend from the record high to be high. In terms of formation, such a development in the medium-term time window would be seen as the dissolution of a falling triangle.
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
Ethereum Classic Will Back. 109$ is valid. Ethereum Classic Should See Big Gains From the Magneto Upgrade
Magneto ,Magneto , Magneto Update. Update. Update.
100/100 Re Buyed.
1000/1000
We set aside support money for Re buy. If it falls, we will enjoy it.
I'm telling you clearly. we will not sell. I think even keep collecting $1000.
New Bitcoin = Ethereum Classic.
New Ethereum = Ethereum Classic.
We see the future.
We believe so much that we want to buy with all our assets.
Etc/Usd
Etc/Eur
Etc/Usdt
Etc/Bnb
Etc/Btc
Etc/Eth
Ethereum Classic + USA + CoinbaseWe have waited enough. It's Time. Hedge Fund Manager.
We don't sell.
We Enjoy Collecting.
We want it all. We made an agreement with the necessary mining companies. We supply cheap. But it's not enough.
I'm thinking of buying a new yacht.
Let's go for $1
we will take them all.
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SHORT TERM ETHEREUM LONG- ETH/USDEthereum news and analysis push up a short term long on my idea. Let me know in the comments
Ethereum Classic (ETC) - July 15Hello?
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(ETCUSD 1W Chart)
If the price is maintained above the 42.1-47.296 range, it is expected to create a new wave.
(1D chart)
It remains to be seen if the 37.180-47.947 zone can support and move up.
If the price is maintained in the 47.947-69.480 range, it is expected that the uptrend will continue.
If it goes down from the 37.180 point, there is a chance that it will fall below the 25.179 point, so you need to trade cautiously.
However, it may follow an uptrend line, so you should be prepared for this.
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(ETHBTC 1W chart)
If the price maintains above the 0.040575-0.045 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 0.060306-0.065674 zone can find support and move up.
If the price holds above the 0.065674 point, it is expected that the uptrend will continue.
The 0.048795-0.053586 zone is an important support zone.
I think the big uptrend will most likely start with a break away from the downtrend line (1).
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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 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.
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** 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 a 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)
ETHEREUM: Current forecast and price targetsAfter several days of steady upward movement, the crypto currency Ethereum then went significantly downhill yesterday. Previously, the coin had grown 41.8 percent, rising to $ 2,410. With a break in the upward trend line, there was a drop of just under 15 percent to USD 2,050.
Analysis and location determination - viewing in the H4 chart
After the previous downward movement, there was an initial stabilization within the support. Provided that the support level (2,060 / 2,017 USD) is not significantly undercut (excluding pure puncture), a corresponding reaction impulse on the long side can be expected from the statistical point of view.
The reaction potentials are:
With a minimum correction to USD 2,186, the probability of a new movement low is about 67 percent. With a normal correction of up to USD 2,230, the probability of occurrence is only around 50 percent. An increase to $ 2,287 would be a maximum correction. Here the probability of a new low level of movement is only around 37 percent. This makes it very easy to calculate when a corresponding short setup still makes sense.
Focus on support
Should the current attempt to stabilize, however, fail immediately, a trend continuation and decline to the area of 1,750 USD can be expected after a break of 2.018 USD. The previously positive picture would therefore continue to deteriorate. Another and perhaps successful attack on the multiple traded low of around USD 1,700 could even trigger a real panic sale. Course targets for this would then have to be determined anew.
Always good trades!
Global Investa
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
ETHEREUM- Buy Now or at 1285 euros ?The explosion in bitcoin and cryptocurrency prices has catapulted digital assets into orbit this year, with the crypto market's performance demanding Wall Street's attention.
Bitcoin's rally, adding almost 300% to the bitcoin price over the last 12 months, has been dwarfed by Ethereum, the second-largest cryptocurrency after bitcoin by value. The Ethereum price has added some 800% since this time last year.
Now, as those in the cryptocurrency industry try to forecast the market's direction, analysts at Wall Street giant Goldman Sachs has predicted Ethereum has the potential to eclipse bitcoin in the coming years—and warned the extreme crypto price volatility means it can't compete directly as a safe haven asset like gold.
Ethereum's ether token "currently looks like the cryptocurrency with the highest real use potential as Ethereum, the platform on which it is the native digital currency, is the most popular development platform for smart contract applications," Goldman Sachs researchers wrote in a note to clients this week, first reported by Business Insider .
The future looks great for Ethereum, despite the competition of Cardano, which remains my favorite project.
Take a look at our chart, with a simple demand zone and an all time trend line.
Buy now or at 1285?
EthUsd can drop to 1800 againMy previous 1800 target was reached and from this support, Ethereun has started to rise again.
This rise is not impulsive though and looks near to an end
A break under trend line support would accelerate losses and 2600 zone should provide strong resistance.
I'm looking to sell rallies
ETC- 50/50 Outlook over this month leading to Magneto upgradeHello Traders,
Like most of the market, we are awaiting a continued confirmation of an uptrend.
In the meanwhile, it seems to be fruitful to follow the events and/ or upcoming upgrades.
Though not all of the apples fall from the same tree, as some events go unnoticed, so it may serve you well, to follow the more common and well known projects.
Yes, they may not put off the 400% gains but, a potential 100%-200% gains will do anyone just fine.
ETC looks to be forming an inverse Head and Shoulders pattern on the hourly chart. The daily chart may be forming a short term bearish pattern leading to a retest of the bottom trend line. Unless, the recent upward movement continues and it can push past the resistance.
In any case, I think ETC can have a strong next couple of weeks, giving a 50/50 chance of solid ROI of 80%-100%, landing us in the $120.00 range.
This week, will be big for the whole market, as it will be the beginning steps to a bullish confirmation for the remainder of the year, or a slow and steady bleed.
Good luck.