ETC Building up pressure.The price action is looking to push up to the down trend from early this year. If it happens to break above and hold a daily candle, for me it's a very bullish sign and will really pop very high. Look at the down trend like the cover of a pot. If the water boil pushes the top off the steam and water will over flow and push out. Right now ETC is starting to boil, lets see how hot it can get.
Ethereumclassic
Ethereum Classic's Turn Is Coming, Falling WedgeEthereum Classic (ETCBTC) peaked Jan. 2020 and is finally hitting support.
After correcting almost by 100%, ETHBTC reached the same level it hit back in late October 2019...
When this level was hit, a strong bullish wave followed that produced over 240% growth.
With this support level now activated, we can expect a similar outcome.
Note: This is not a piece of trade advice.
This is a good setup and can be traded.
A buy order can be set at current prices aiming to hit multiple targets on the way-up.
If the market turns and things go wrong, we can set a stop-loss at the last low.
Namaste.
ETHUSD Ethereum | SWING - 1. September. 2020Hello my friend | Welcome Back.
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Ethereum is heading to the upside after breaking the symmetrical triangle several weeks later and on its way to the price of $ 591, it may exceed this price if the resistance is broken. BTCUSD ETHUSD EURUSD
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
ETHUSD Ethereum | SWING - 31. AUGU. 2020Hello my friend | Welcome Back.
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***
As long as Ethereum is below $ 445, it is not possible to buy into it until it breaks through the resistance area.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
BTCUSD Bybit Bitcoin Chart Analysis August 21th .
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 21th .
At the top is a 30-minute chart created yesterday.
After breaking through the red resistance line,
Finished sideways without much movement.
It is a daily chart.
Each major section is marked.
I created a trading strategy focusing on the above part.
This is a 30-minute chart.
This is a one-way long position strategy.
Pay attention to the green support line / red resistance line and the convergence section.
The green support line is the center.
According to the red movement path, it is a long position operation.
On condition that the final, red resistance line is not brokeaway
Short position /
On condition that the green support line does not BreakAway
Maintaining a long position.
When leaving, pay attention to the red finger.
Have a good weekend.
Thank you.
August 21th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 21th .
At the top is a 30-minute chart created yesterday.
After breaking through the red resistance line,
Finished sideways without much movement.
It is a daily chart.
Each major section is marked.
I created a trading strategy focusing on the above part.
This is a 30-minute chart.
This is a one-way long position strategy.
Pay attention to the green support line / red resistance line and the convergence section.
The green support line is the center.
According to the red movement path, it is a long position operation.
On condition that the final, red resistance line is not brokeaway
Short position /
On condition that the green support line does not BreakAway
Maintaining a long position.
When leaving, pay attention to the red finger.
Have a good weekend.
Thank you.
Ethereum Classic (ETC) - August 19Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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There is a big bad news for ETC, so I think careful trading is necessary.
New investments are not recommended.
I think it is necessary to trade to preserve profit and loss as much as possible.
We have to see if we can climb above the critical section of 8.3.
You need to make sure you can get support at the 7.008 point.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
ETC/BTC: The Calm Before The StormAS ETC continues its multi-year down trend, I am seeing signs of investors longing the bottom (notice the ever-increasing ADL... which I assume are buyers since we are at such depressed prices). Also, notice the increase in volume. The circled fractals appear similar and preceded the prior 2019 ETC price pump. The HV indicates VOL is contracting since the beginning of 2020. The contraction period prior to the 2019 pump was approximately 250 days; we are currently on day 203.
This is my style of investing because of the extreme asymmetric risk. whichever way the price move is, guaranteed to be explosive for such a long contraction period.
THIS IS NOT FINANCIAL ADVISE. CRYPTO IS HIGHLY VOLATILE.
ETCUSD: Example of Buy TradeHere is an example of a long trade, which is based on a breakout above the local downtrend and SMA100. It is a trade in the direction of the main trend.
Buy above 7.10USD
Stop below 6.70USD
Profit Target at 8.00USD and 10.00USD.
Risk per trade can be no more than 5% of the capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Ethereum / Dollar may rise 1638 - 2182 pipsOur pivot point stands at 427.29.
Our preference
The upside prevails as long as 427.29 is support.
Alternative scenario
The downside breakout of 427.29 would call for 418.26 and 412.89.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 426.37 and 418.24). Finally, the Ethereum / Dollar has crossed above its upper Bollinger band (433.55).
Supports and resistances
467.20 **
461.76 *
456.31 **
450.87
434.49 last
430.84
427.29 **
418.26 *
412.89 **
Ethereum Classic (ETC) - August 12Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We'll see if it can rise above the 7.008 point.
If you're supported at 7.240, chances are you'll touch near 8.3.
If it falls, we need to make sure we get support at 6.264-6.442.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)