ETCUSD trade ideas
ETC TargetsHello traders! Congratulations to all ETC holders, as we are beginning to break through the green zone which was our previous all-time high. In my opinion, if we can break through $50 with conviction we will begin to go much higher and my two targets of interest are $80 and $120. I think ETC has the potential to reach these targets due to the fact that it is easily accessible to new traders, as it is available on every exchange and Robinhood. Newbies will see how high ETH went and they will purchase the "cheaper" version in hopes of making a profit. Additionally, the fractal is not part of my strategy per se, but nevertheless, it is interesting to see how that fractal brings us exactly to the $120 price target.
WARNING: This post is my personal opinion, please do not consider any of it financial advice. Do your own research!
ok already! Ill do ETHEREUM CLASSICThe #REAL Ethereum Classic
When Ethereum moves to proof of stake (POS)
where will the miners go???
E-"Classic is Coming"
RSI Bearish Divergence At Overbought ResistanceI think we will see a pullback from the 50s all the way back down to the 30s
Ethereum classicThis is not my normal trade by any means. But I bought this level in anticipation of this following ETH in a break through a major level. The higher lows as well as Ethereum moving like it is give me confidence in this level being broken
The Big Picture for ETC/USDTThis macro pattern puts us around $50 after everything is done playing out
PSA: Beware of "Zombie Chains" - ETC, MIOTABitcoin, Ethereum, and most of the projects out there have never had their protocol compromised. There are a few exceptions -- the biggest ones being Ethereum Classic (ETC) and MIOTA. ETC had their protocol compromised by a 51% attack, MIOTA's system is most likely not even a real blockchain, after being audited by the MIT Technology Review. But we call them "zombie chains" because the blockchain allows for these projects to persist, even though it's dead.
UPTADE ETCUSD SHORTOK, ETC touched 45.5$
ETC has resistance at 50$. If #ETCUSD breaks that resistance it can predict $ 55, $ 60, and $ 65 points. But be careful.
$ETCUSD Ethereum Classic Trade Setup
Currently sitting under Fibonacci Golden pocket resistance,
Alert set for break above with targets as per chart.
ETHUSDETHEREUM CLASSIC/ U.S. DOLLAR
ETCUSD Crypto
Chart guide: Red = monthly,Purple = weekly,Blue = daily,Green = 3 hours&Yellow = 1 hour
ETC Bounce from 28$ETC achieved my target at 28$ and touched on MA20 and 0.618 Fib Level from which it bounced back.
I expect a strong bullish trend from here to more than 50$
Take advantage of this dip and trade carefully.
DollarWhy is it that ETC is showing a different price here on trading view than on robbinhood? Robbinhood showing $36.00 range?...
ETC - $45.21ETC is currently trading close to the resistance zone at $32.75. If it can break this resistance, we could start seeing a move towards $35.07, $38.40 and $45.21 beyond which it will enter a price discovery mode. Failure to break the resistance at $32.75 could lead to a drop towards $30.09 and $26.94.
ETC BUY SIGNAL - 30 MIN WEEKLY PIVOT Possible break up on ETC on a 30MIN which goes with my last post. Good opportunity for smaller accumulation for now, and will scale up if it start to move higher.
$ETC BUY SIGNAL - MOVING MORE THAN ETHA better play off of the ETH move on a longer time frame. ETC has been double and tripling versus ETH's slower than anticipated climb above $2000 and $2500.
Would rather allocate more funds into ETC over ETH for the time being as this weekly trend is a little younger. Better to be a little bit earlier in something that has a higher probability of outsized returns.
