ETCBTC trade ideas
[ETCBTC] Ethereum Classic Safe Trade [33% PP]Here is a trade for Ethereum Classic that can generate up to 33% profits. You can earn more from this trade if you use a "Sell and Buy back Lower" strategy.
Here is the trade. Enjoy.
Trade instructions for Alan Masters fans, readers, followers & supporters
Buy in: 0.00142 – 0.00148
Targets for ETCBTC by Alan Masters:
(1) 0.00158
(2) 0.00174
(3) 0.00193
Stop loss: Close daily below 0.00140.
Your support is highly appreciated.
Namaste.
ETC Bouncing away from a support zone! Will ETC rise!?So a few days ago ETC suddenly went up in price, you would have made a huge mistake if you bought it after the bull run. Congrats to people who have bought it before the bull run. But it’s still not too late to step in ETC.
As you can see on the chart, the price is retracing back to the origin of the movement, where you’ll find a support zone. Another thing that could indicate that ETC will bounce back from this support line, is because of Fibonacci retracement levels. As you can see the price is at the 61.8% Fibonacci retracement level, if the price bounce away from this level, it means that the uptrend is still intact.
There are multiple ways to enter, remember to always check the risk/reward ratio that suits you:
- Waiting until hits the 0.00149
- Or you may enter any time soon, but this a little bit riskier
My stop loss would be either:
- Or a close below the support zone (0.00148)
My targets are the yellow areas above
If you need any help with TA or explaining this, send me a DM!
DISCLAIMER: ALWAYS keep in mind! That this is NOT an investment advice, but an analysis. You can do whatever you want with this information, so trade at your own risks!
Ethereum Classic [ETC] PennantYay, my BINANCE:EOSBTC call was right. I'm not that hyped about it, and certainly not as excited as I used to be when I first started trading back in January. I think that over time I'm becoming more and more of an emotionless trader...
I've decided to simplify my chart layout in the hopes of not confusing myself and providing a lot more clarity. I've yet to write strict trading rules for this setup but I'm sure it will be much easier. I think I found the balance between aesthetically pleasing and informative. With some very quick backtesting, I've found this setup to be quite profitable.
It looks like there's a bullish pennant forming on the hourly chart of BINANCE:ETCBTC .
I haven't checked the 4H chart yet but it seems as thought we'll be coming to the end of it in a couple hours so I'll be seeing the outcome pretty soon.
Novice trader, publishing for my records only. Open to critiques by professional traders.
ETCBTC day chart has made all grounds to move upHi guys:
ETCBTC has made all grounds to move up, the priceline was moving between a falling wedge since 17 Aug 18 now it has touched the support of wedge.
The Bollinger bands has been expanded to make more space for priceline's movement but at this point the price line has touched the bottom of wedge and now the candles are moving sideways moreover the candles are in oversold zones of RSI and stochastic RSI so it will be difficult for price to move down more at this point the choppiness index also has shown some movement towards 61.8 but so far it is still under 38.2.
Entry point: 0.001500 to 0.001530
1st exit: 0.001775
2nd exit: 0.00200
3rd exit and the target price: 0.002222
Best of luck and Regards,
Atif Akbar (Moon333).
ETC to 0.004BTC. Breaking of descening triangle on the up.Daily & weekly primmed for an upwards momentum.
Positive news keeps coming up.
BTC -0.69% seems to want to break the triangle upwards, giving it momentum for ETC to go along with it compared to other alts as it has remained very resilliant.
0.004BTC resistance comes to a point where daily/weekly would come to a bit of exhaustion and would bounce back to support - it comes to face FIB resistance and horizontal blocks.
What supports the breaking to 0.004 is that the Ichimoku cloud is getting thinner and thinner, and we have an opportunity on the WEEKLY. Big.
ETC will, if we with fundamental growth and use cases, probably could be the best performer of 2019.
Tight stop loss IF we break the triangle - although unlikely.
Good luck.
Ethereum Classic getting ready...OK Ethereum Classic is one of those shitcoins looking in great position for possible long position. Would wait for one or two candles closing above the Hull MA (34) .
RSI 5 and 13 showing divergence. Yes i know recent close is not exactly same level or lower but the geometry of RSI is too steep to not consider these.
Volume increase on rejection also show interest in this zone. Definitely feels that something is going to happen soon.