Ethereumclassic
ETHEREUM - Can it break the 2,000$ To cut a long story short: Probably not.
Unlike Bitcoin that may rise (potentially) exponentially, Ethereum has SERIOUS competitors..
Technology is shared, especially in the blockchain sphere, new players enter dynamically with big budgets, new ideas and more inovation.
Given that Cardano and Polkadot/Kusama (amongst many others) are not just catching up but also add value and innovation building on some of Ethereum's problems in a beautiful way.
There is no guarantee that Ethereum will be the 'Number 2'.
There are no guarantees that the new version 2.0 will be a good, successful one.
Thus I am already out of Ethereum for now and probably looking for a short, now at the 2,000 celing.... or will it be breached and fly higher?
I don't know, we need to take it one step at a time
🆓Ethereum Classic/USDT Analysis (17/2) #ETC $ETCETC is a very promising coin as it can climb to 24$ zone in the next few days.
The $15 zone is a very good support zone for it
📈BUY
-Buy: 14.5-15.0$. SL if B
📉SELL
-Sell: 23.5-24.5$. SL if A
♻️BACK-UP
-Sell: 14.5-15$ if B 14$. SL if A
-Buy: 12-12.5$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
💡 Don't miss the great buy opportunity in ETCUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (13.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 16.00
TP2= @ 16.90
TP3= @ 18.10
TP4= @ 20.20
TP5= @ 22.00
TP6= @ 24.15
SL= Break below S2
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Now, It's your turn !
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💡 Don't miss the great buy opportunity in ETCUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (13.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 16.00
TP2= @ 16.90
TP3= @ 18.10
TP4= @ 20.20
TP5= @ 22.00
TP6= @ 24.15
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Mean-reversion LONG - ETCUSDGreetings folks,
Etherium classic took a sharp dive past few bars and we were looking for long mean reversion trades.
My trading system recommends a long at the high with the SL be at the high of the pin.
The system historically has a 39% winrate with a 14(%/R) returns for the past 76 trades when locking in 2R (or 2x profit to risk).
Cheers
PineConnector
💡Don't miss the great buy opportunity in ETCBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000269).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000418
TP2= @ 0.000494
TP3= @ 0.000603
TP4= @ 0.000750
TP5= @ 0.000926
TP6= @ 0.001100
TP7= @ 0.001354
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ETCBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000269).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000418
TP2= @ 0.000494
TP3= @ 0.000603
TP4= @ 0.000750
TP5= @ 0.000926
TP6= @ 0.001100
TP7= @ 0.001354
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETC is about to break out of the ascending triangleBINANCE:ETCUSDT is looking interesting and is about to break out of a major ascending triangle. I expect a minor pullback towards 7$ before it break out, target shown on the chart, closest stop is 5.3$ and ideal stop is 4.2$.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Ethereum Classic & the Contrarian TradeWith Ethereum having gained +1000% over the past 9 months, we must consider the fact that Ethereum is migrating to a PoS network. This will take a number of years to roll out and many projects that were built on the PoW based ETH 1.0 will have to make a decision on whether to move to Ethereum 2.0 or look for alternatives. Ethereum Classic and BSV will be the choice PoW platform with smart contract capabilities.
ETC suffered a series of 51% attacks recently that have only made it stronger with new upgrades implemented as a result.
Ethereum Classic has a capped supply just like Bitcoin. It has a capped supply at 210 million thus providing a sound monetary policy.
Looking at the chart, we can see that the price is currently 420% from its all time high which was set on 08 January 2018. We have seen considerable buying volume enter the frey since mid-November 2020 and a massive green candle on 04 January this year, pushed the price above a flatlining 120 EMA ($7.15).
If you are looking to take some gains from ETH/USD off the table, this might not be a bad little contrarian speculation. ETC/USD is a beaten down crypto that receives very little favorable press but as far as we are concerned, it has sound fundamentals.
ETHEREUM - Sticking to the planSecret to successful trading is to stick to the plan!
We have been buying for the last 3 weeks , taking profits at all time highs and buying in again at the dips .
Let's not ignore 'Market games', manipulation and fundamentals.
I said I would be buying until Feb 8th and then sell. The CME factor, yes. In 2017 when the CME started trading Bitcoin the price dropped.
Ethereum will suffer too, I am confident it will happen BUT it is NOT the time to go short yet...
You see, the game is played differently every time but the outcome is always the same..
so, buy mode still on, sell button can wait a bit more.
That's me and how I see things.
Ethereum Classic Vs USD for 02.08.2021Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
Hourly Chart is being used for this post!
It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it.
From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line!
I would love to hear what you think about this post!
Happy trading, and thanks for reading.
ETHUSDT, long after correction.Hi everybody. Picture on ETHUSDT chart window very simple with XRP. We have a situation when bullish potential too big but in near past nobody want to satisfy. So i think market want better (lower prices) i mark this levels red color. I think we will purchase from resist and then going upper. Volume analysis "Earned Pro", levels thanks to X-Lines script.