ETCBTC trade ideas
ETC - Magic Bot buy signal with Sell Targets - 76% Win rate!!BPL ( Bitcoin Profit Labs) Magic bot buy signal with sell targets for ETC
Buy: 0.00105400
Sell Targets
T1: 0.00110670
T2: 0.00115940
T3: 0.00121210
DCA buy: 0.00100130
DCA T1: 0.00105400
DCA T2: 0.00110670
DCA T3: 0.00115940
Trade Stop loss: 0.00094860
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Magic bot stats:
Wins: 453
Loss: 138
Win %: 76.65%
Total trades: 610
Days: 217
Avg Trades/Day: 2.81
Total Max Cummulative Profit: 2455%!!
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Last line of support in ETC/BTCif it cant hold around 0.001 satoshi... expect downward into the unknown as there are not support below that level and it's look bad for recent chart.. it did create a higher high slightly but still creating higher low..... create a double top formation.. if this price action do broke down,
hypothetical support based from double top formation would be around 0.00055 satoshi.. we will see what happen.
Please feel free to share your thought about this chart.
peace
ETC/BTCETC should go through similar motions, riding overbought territory, as it heads to the disbelief stage.
The Adam and Eve bottom that I drew up did not play out exactly, as there was a solid shakeout wick on ALL coins when they hit us the BTC pump.
It appears there were more longs left on alts vs BTC than I expected, that needed to get shaken out.
Now that we have a bottom, with an irrelevant wick, we should see a beautiful, powerful uptrend, to kill shorts.
I'll be stacking the dips on this one for sure.
Ethereum Classic Awakes (Strongest Move In Many Months)Ethereum Classic (ETC) has been sleeping for quite a while now and just made its strongest move in over a year... This opens up the doors for additional bullish action.
Here are the signals that are coming from the chart:
Massive increase in trading volume, highest since September 2018.
Break above EMA10. First time since December 2018. Traded above EMA10 for more than a week only on July 2018, so this is quite the strong signal.
Super bullish MACD and RSI.
Resilient altcoin. Very likely to hold strong on the way up.
A close below EMA10 would invalidate the signals above and turn ETCBTC from bullish to bearish.
This is not a piece of trade advice.
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Thanks a lot for your continued support.
Namaste.