ETCUSD.P trade ideas
ETC/USD 1 hr time frameare we finally gearing up for the next jump up??? I believe so. after we tanked down to 75 with help from Mr. Elon musk on his bull shit statement on btc mining which makes absolutely no sense...... he should probably worry more about the mining for metals for his batteries that's doing far more damage to the environment. but that's none of my business. couple theory's on why he said what he said one being to help his tesla stocks. If you don't know what I'm talking about feel free to do some research. honestly he really is starting to annoy me with his tweets that manipulate the market the way it does. but done the less he has created awesome entry's for etc I myself was able to grab a few more bags in the high 70s so I guess thanks for that lol. As we have found support at the $100 level with some big wicks coming into play as the bulls continue to fight back we should be getting ready to move back to the $150 area. Furthermore we could see some side ways action and consolidation but ultimately should see our next push up in the coming week or so. best of luck traders and please do your own DD and I am not a financial advisor
ETC Almost ready to test ATH?Not an Advisor.
Just cashed out of Polygon Matic, Trying to play this monster of a bull flag. Simple Measurements of the bull flag to gather the price target. $200 + I believe we will see this play out, however many indicators are nearly exhausted. However it appears we have some hidden bullish divergence on the rsi. We already broke out of the channel, now whenever ETC is ready to gain more momentum and an increase in volume, we should see a large movement upward. Yellow lines are support/resistance.
Is the ETC rising a coincidence? Win Strategy !!! %100The seeds of a crop are harvested. (12$)
It is Planted in the Ground. ( 4$)
It is watered regularly for 1 month. And it is observed that it grows. (7-10-14$)
When it is seen growing, it is carefully sprayed and irrigation is continued. (19-21-28-36-41-51)
Those who grow up early, of course, they are picked early. ( 25$)
Watering is continued. and it can be seen that as time passes more and more fruit will be given. (29-33-44-52-69-101-141$)
the more fruit ambition increases, the more watered. But it does not appear to bear fruit (179$)
Before this tree grows in full, everyone will want to pick a fruit. (129$-141$-170$-190$-204$-214$-228$-236$-298$)
After the tree grows, all of those fruits will be yours. 800-1000-1240-1340$
We will harvest and plant again. 400$-500$-650-700$
Collect early growing fruit strictly.
I'm telling for friends who bought it for $ 180. Do not worry. They buy from below and lower the purchase price. Let them make a profit when it comes to $ 180.
Our proprietary software, Tom, which is based on money entry and exit, has nothing to do with mark. It is a different type of analysis.
The logic of work is very separate. But Tom de mark is the closest to our system. that's why I recommend. Those who are patient will always win.
Don't neglect the stop-loss. We don't use it. But We are not afraid to do harm.
Rest assured by entrusting your investment decisions to yourself or to Fund companies like Us.
Do not lose money when you say I'm becoming a trader.
Trust yourself and share your risk.!
it is not investment advice.
Ethereum Classic - When to get in on the next buy
Hello everyone:
ETC has managed to push up quite a bit since the beginning of 2021.
We can clearly see a strong higher time frame bullish impulse move, pushing up the price to the upside.
Naturally, the markets needs to correct the bullish phrase by forming some kind of correction structure/pattern.
In this case we start to see a clean descending channel correction.
AS we know, correction can certainly go in indefinitely, so its best to have a plan and management to get in.
Few scenario I can expect the next move up would be,
Price continue to correct within the channel, as long as its corrective price action move down,
then we can see expect the price action to complete eventually.
This will lead to the confirmation breakout from this descending channel correction,
and I would look for some sort of lower time frame continuation correction to get in the on the buy to the previous highs of the correction,
and the all time high as the next target.
Patient is key to wait for correction to complete and confirmation breakout and continuation is key.
Thank you
ETC continuation playETC had a major run up from ~30 to ~150 and has formed a bullflag pattern on the 4hr chart, (or falling channel )
The price has held $95-100 before and if it holds again, which it seems like it will, could form a double bottom pattern
The RSI has returned to levels that are lower than the previous runup, which indicates a strong bullish divergence
The awesome oscillator has also gone to a new low point which is further indication that a second runup is about to come.
Previous resistance gives an initial price target of ~150
A simple duplication of the prior run up gives a final price target of ~ 220-230
Fibonacci extensions point to ~260, seems unlikely though
PT 1: $150
PT 2: $220
Moon: $260
Buypoint and confirmation of bullish trade would be a bounce of 98-100 support
However, if it breaks and holds below $95 it could go lower