$ETC, Pushing above ~63k sats resistance level making new HH$ETC
Pushing above ~63k sats resistance level making new HH & potential break from bullish flag..
Crossing above EMA200 on the daily chart with UCTS buy signals on the 1D-5D timeframes...
Volume rising
Looking for a R/S Flip as entry with target at ~73k sats level (15%+)
#ETC
ETCBTC trade ideas
ETC | The first target hit! Whats next?In our last analysis, we went long in $ETC and our first target was reached. If you have missed this move. DO NOT WORRY. Never chase a price.
I would like to wait for a retracement after this expansion and would like to see 6012 satoshi level acts as support where you can add into existing long / open a new long.
Our next target would be 7480 satoshis.
Many "leaders" do not write about risk management but you should never risk more than 1-2% of equity on a single trade.
Invalidation of this idea would be, if we will lose our S/R Flip on 6012 and close daily below that, then I will leave this idea.
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$ETC, Crossing over ~55k sats resistance level...$ETC
Crossing over ~55k sats resistance level with UCTS trendfinder turning green(buy) on ALL low TFs & 1D/2D charts
Crossing above EMA50, Volume is not what I was expecting but if R/S flip happens on this level retest we may aim for a new leg up (~64k / ~73k)
#ETC
ETC shows strength, daily swingEthereum Classic is at an all-time low and shows some strength.
I would like to buy at re-testing daily support and have it as an intra-week play, probably swing play as well. You can setup up to three targets but remember as soon as possible lock your profits or move your stop loss at break-even (BE).
Why do I like Ethereum Classic?
- shows strength on daily and has created a support
- above monthly VWAP
- 50/100 DMA and has a lot of room to upward
This thesis will be invalid if price will not show any strength at our support.
ETC-BTC Trade SetupETC seem trading in triangle pattern and seems to be breaking out on Daily TF.
RSI seems to be breaking out on Daily TF as well.
MACD is rising
SBS Indicator signaled BUY
BUY at the breakout
SL and Targets are on the chart
Target 1 is more of a scalping target. target 2 is mid term as ETC is a slow trade.
Ethereum ClassicOn the ETCBTC chart,
Below 0.0010251 is a long-term investment area.
In the ETCUSD chart,
It is moving around the downtrend line.
You should check if you can move outside of the downward trend line.
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It is expected to take a long time to raise prices in the normal market flow.
ETC/BTC (Ethereum Classic)| 300% Profit Potential.!!ETC/BTC (Ethereum Classic)
Forming Falling Wedge Pattern in Monthly Chart & Holding the Support Since July 2019..
Now Need Some Strong Volume For Bounce back & Wedge Breakout..
If You're Longterm Investor/Trader or ETC Believer then It's a Golden Opportunity to Grab it at Bottom..
Support & Resistance Levels Are Mentioned in Chart..!!
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
ETCBTC BINANCE 1D BB RSI MACD#Binance
#ETC/BTC
Chart ETCBTC BINANCE 1D BB RSI MACD
Advised Buy Levels
BUY: 0.0005411
SL: 0.0004845
TP: 0.0005843 > 0.0006290 > 0.0006760
ETC has been on down trend though on the daily charts we can see some support holding at this range.
We advice if your are looking to trade ETC to look on the longer timeframe for this movement to come into play, while ETC is in a nice buy range at the moment this may end with a sudden move to the upside.
As always DYOR
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