ETCUSD trade ideas
ETC/USD - potenital 43% setupHello, Traders!
Statistically, April is a month of growth for cryptocurrencies, with assets coming off a correction to new price highs.
ETC, which has been consolidating within the $11.30 - $12.88 trading range for a long time, is also worth paying attention to.
Entering in the position can be searched during correction between $12.04 - $12.64.
Stop-loss can be set at $10.84
Targets will be price levels of
$14,24
$15,78
$17,33
Good luck and watch out for the market!
P.S. This analysis is created for educational purposes only and shall not be considered as the financial advice
ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(UPDATE)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ETCUSD week/candle chart review
::: accumulation in progress now
::: updated/revised outlook
::: long-term accumulation over 900 days
::: expect strong move off the lows
::: bullish sequence (not Elliott Wave )
::: chart looks strong
::: BUT right now CORRECTION MODE
::: massive rejection near range highs
::: expecting up to 40% correction
::: to re-test range lows now
::: no valid setup for the bulls here
::: mid-term pullback/correction
::: correction/pullback NOW
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: recommended strategy: SHORT RIPS/RALLIES
::: final TP +40% gains
::: no valid setup for the BULLS here
::: SWING TRADE: SHORT/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment short-term: PULLBACK/CORRECTION NOW
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/USDT TA Update ( bullish Technical View )#ETC/USDT TA Update:-
#ETC/USDT currently trading at $11.658
Support 1 is our 1st entry zone.
Entry 1:- $11.66
Entry 2:- $9.4
Targets:- $21.36/$37.4/$62/$110
There are two support level in chart.
Support 1 is $11.65 this is currently trading level.
If this break down then next entry will be $9.4
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Sooo too the moon.
" Until EIP 1559 goes into effect after being approved Friday, the supply of Ether was theoretically infinite, leading to criticism that its underlying monetary policy was weak and inflationary."
ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ETCUSD week/candle chart review
::: accumulation in progress now
::: long-term accumulation over 900 days
::: expect strong move off the lows
::: bullish sequence (not Elliott Wave )
::: chart looks strong
::: BUT right now CORRECTION MODE
::: massive rejection near range highs
::: expecting up to 40% correction
::: to re-test range lows now
::: no valid setup for the bulls here
::: mid-term pullback/correction
::: correction/pullback NOW
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: recommended strategy: SHORT RIPS/RALLIES
::: final TP +40% gains
::: no valid setup for the BULLS here
::: SWING TRADE: SHORT/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment short-term: PULLBACK/CORRECTION NOW
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.
Bought 100 ETC @$12.00 Target @$101 Date May 2, 2022Ethereum Classic
Bought 100 ETC @$12.00 Target @$101 Date May 2, 2022 Long term
Bought 10 ETC @$10.90 Target @$30 Date Mar 12, 2021 Short Term
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