ETCUSD.P trade ideas
ETC is about to MOON after the small correction!!PERFECT MARKET STRUCTURE.. This is what WHALES and Traders look for. Resistance pushes price down three times (making it a STRONG resistance and support line!), then broke resistance! Waited for a confirmation, and we got it! Once Bitcoin Dominance goes down, big players will put money in cryptos with great market structure. ETC is getting ready to moon in the next month or two (after a small correction due to bearish RSI and Stoch RSI indicators..)!!
Reason on to invest in ETC
1. One of the most perfect market structures and had confirmation on the weekly!
2. Under 116 million circulating supply.. Think of Ethereum, the price its at now. Ethereum also has almost 116 million circulating supply. Yeah, I will just leave it at that. If you know, you know the potential ;)
4. Volume increasing!
If you missed out of some big moves (ETH, ADA, BNB, etc), DO NOT MISS OUT ON ETC!!
Bought 10 ETC @$10.90 Target @$30 Date Mar 12, 2021Ethereum Classic
Bought 10 ETC @$10.90 TAget @$30 Date Mar 12, 2021
Note: Major Pull-back...
Project Website: ethereumclassic.org
A decentralized computing platform that runs smart contracts: applications that run exactly as programmed without downtime, censorship or third party
ETCUSD D2: BEST level to BUY/HOLD 50%/100% gains(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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-Supply/Demand Zones
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-Key S/R levels
-No junk on my charts
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ETCUSD D2: BEST level to BUY/HOLD 50%/100% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged LONG because I expect strong BOUNCE
off the lows, HOWEVER read entire idea
before executing. DO NOT market BUY now.
🔸 Summary and potential trade setup
::: ETCUSDT 2days chart review and outlook
::: locked inside long-term accumulation
::: right now we are TOPPED OUT
::: BULLS got to wait until we hit strong S/R level
::: DO NOT BUY NOW / you will get rekkt
::: focus on buying low later of key S/R level
::: near 5.80 USD until then - STAY OUT
::: get ready to BUY LOW after pullback
::: TP bulls +50%/+100% gains near cycle high
::: strategy: BUY near range lows TP +50%/+100%
::: overall nice setup, let's see what we get
::: so recommend to BUY/LOW and hold it
::: get ready to buy/hold exit +50%/+100% gains
::: and you will get paid
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/pullback
::: Sentiment outlook mid-term: BULLS/+50%/+100%
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ETC Good time to Enter?Based on the my chart and TA, I would say there's been a huge volatility going on in short period of time. This can very frustrating to pick the right entrance. So I decided to show you guys the best way to get a good entrance into this cryptocurrency. The only way for you to succeed and have good entrance is patience, no doubt about it. Let's start talking about the entrance point.
Patterns:
Uptrend Channels : I use this to show where the trend is currently going
Descending triangles : This pattern is used to indicates there's a downtrend or bear market.
Consolidation : this is a duration of time show us where this price range is undetermined and can't make an entrance. Please do not trade in Consolidation areas.
Support Line and Pit : The support line that I have demonstrated in this chart will be determine as a good entrance point if a correction happens. I created the term "Pit", because I've have discovered every time I have done a uptrend channel in a 1 day time frame, there's always leak in the pattern. As of right now, I do not recommend retail investors getting an entrance as of right now until the price hits the support area. Keep in mind once it hits the support line, wait till the reversal happens. Then enjoy your bull ride.
Indicators
EMA : This indicator is faster then MA (Moving Average) which shows us if the trend is good or bad. This indicator can be used as a Support/Resistance .
VWAP : This was used to find the fair price of my entrance.
MACD : Tells us the Convergent, Divergent, and Volume of the Trend
RSI : The indicator shows us if the price are being overbought or oversold
I am not a Financial Advisor, please do your own due diligence before taking my opinion.