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Ethereumclassic

Ethereum Classic vs Ethereum | Support & Resistance LevelsFor all the geniuses that trade ETH pairs, here we are looking at Ethereum Classic vs Ethereum (ETCETH). We have a dropped that stopped at 0.786 Fib. retracement support, so a potential bounce is in play. Below this level, marked blue on the chart, prices can easily move lower. While above this level we start to see the bullish potential. The MACD and RSI are starting to curve and forming a cup... If there is enough follow up and prices can move above EMA10, ETCETH can easily continue higher. Thanks a lot for reading. Namaste.
by AlanSantana
1
ETCUSD: Trend Reversal Signal and Buy OpportunityThe market gives us a trend reversal signal. It is based on a breakout above the local downtrend line and a bullish divergence. RSI confirmed the price reversal. MACD lines and histogram support a possible upward movement. DMI is bearish and shows trend market conditions. But ADX line falls, and it is a bullish signal. It is a possible buy opportunity. 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.
KRAKEN:ETCUSDLong
by DLavrov
2
Bitcoin rally correctingWe're full correction mode now, obviously. We've clearly broken the trend-line that we've held since January 2nd, and are in a nasty downward channel. RSI shooting down, MACD 1D bearish cross-over, it's correction time. Been reversal trading the last two days on these bounces, been good, easy plays, clear reversal hammers, predictable resistance areas. I'm staying mostly out for now, we're in a nasty downward channel. But I'm looking for a bounce around $9,000 back to $9,500 for essentially the "b" bounce of the "a,b,c" Elliott Wave corrective pattern. May go in kinda heavy there, but still playing very cautiously as this rally has been exhausted and down we go. 50% fib retracement puts us at $8,500 (give or take), I'm looking for a bounce off $8,000 (usually we sit between 61.8% and 76.8% fib retracement before we can call a clean flush) before I start buying back for the long-plays. Still up 40% on my portfolio for the year, despite missing a massive ETC rally (that I called, just hesitated on) that cost me $10K (after missing the rally that would have netted me nearly $10K I panic bought in and got chewed up on stops in a sideways market, also lost $2K there). Think Q2 we start seeing FIREWORKS again!!!! Just need to hold a higher low than mid $6K range. I don't foresee that being too tough to accomplish. If we break south of $8K it will only be a few wicks IMO. Good luck!! Try to keep your emotions OUT OF IT and read "Reminiscences of a Stock Trader" if you haven't already. And of course, watch for Tether injections!!!!!
BITFINEX:BTCUSD
by GunMoney
20
Is this where we go parabolic?Trendline resistance is around $11,200 or so on log scale (CME gap is $11,100 giver or take I believe). But the battle here at $10,500 is real. Strong resistance but still rising support. Strong rally so far, will it end in the usual crypto manner? A parabolic spike and then strong downtrend? I'd like to see a big spike (grand finale) and then retrace to $8000-$9000 (50% - 78.6% fib retracement) and have that take us to the end of this mega, 3+ year long pennant before we start another (very big) bull rally. About to golden cross on the 50/200 day MA. I'm still in 100%, the trend is up. In good territory with XLM, waiting on ETC and DASH to break out. Cautiously optimistic.....
BITFINEX:BTCUSD
by GunMoney
1