ETCUSDT.P trade ideas
ETC/USDT4h Time Frame we are above the 200 EMA and 200 MA which is acting as support, on the daily time frame for the 200 EMA and 200 MA we are facing a bit of resistance. White lines are the descending channel pattern, which is often a a reversal pattern to the upside, and inside of the descending channel we have a symmetrical triangle which is the green lines, I have labeled resistance and support for the patterns.
ETC ___ Short signal 🔥🔥🔥🔥Hello every one ❤
Hello traders ✌🏼
This is a short signal in 1H on ETC
🟢🟣🔴🟡This position is set by kasimado Patterns.
QM patterns, which are very old on the surface, but on the inside, they are extremely difficult and confusing, and finding the exact entry point is very difficult.🟡🔴🟣🟢
🔴This signal has been selected with high precision and I hope everyone can use this signal.🔴
🔵My recommended leverage for this signal is 8-10X.🔵
💞💖Please support me so that I can send you more signals and expand my activity.💖💞
Good luck✌🏼
ETC - Head and ShouldersAfter its remarkable run, ETC seems to have topped its price action above $26.
It currently has formed a head and shoulders pattern on the 1H time frame which seems to suggest that further price action to the downside is expected.
Would open a short here with:
TP: $23
SL: $26
ETCUSDT (Ethereum Classic) Daily tf Range Updated till 26-10-22ETCUSDT (Ethereum Classic) Daily timeframe range. There are lots of #scope in this chart. a lot of #scope for day trading or scalp setups. the volume is optimal here. price action is more stable than dozens other bat shit crazy alts out there. but that stability can effected by btc.
ETCUSDT is testing the supply zonethe price is testing the previous demand as new supply at the 24$ area as I told you in my previous idea.
In the 4h timeframe, the price is creating a descending channel
How to approach it?
IF the price is going to lose the 4h support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ETC ELLO GUYS THIS MY IDEA 💡ABOUT ETC is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Ethereum Classic,sell opportunity?!hello traders
ETCUSDT seems to have reached a resistance zone .
If you look to the range that I marked with a vertical line,
you can see the bearish divergence in the RSI (the divergence is more obvious in h1)
*Note: This is not financial advice
*If you zoom out on the chart, you will see how the lines are drawn
**please like and comment**
✅TS ❕ ETCUSD: reached the support✅✅ ETC has reached the support level.
At this level, the price has already formed a double bottom.
I expect an upward rebound.✅
🚀 BUY scenario: long until 24.35.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETCUSDT, wants the weekly supportThe price is testing the weekly support as new resistance after a clear breakout from the daily support. Not the market it trying to hold it
How to approach it?
We could see a new pullback to the supply zone, but IF the price is going to lose the support (22$ area) and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Ethereum classic (ETC) have the most clear chart!Hello, everyone!
Today is the turn of my favorite altcoin. Ethereum classic have the most understandable Elliott wave structure. Last time I entered short position at $44 when the insane short have been flashed with the MACD bearish divergence. Now it does not matter, but the price have already flashed the insane long and I am going to show you my thoughts about mid-tern price action.
When the crypto market touched it’s previous bottom and formed the bullish rally ETCUSDT showed the incredible pump which had the clear 5-waves Elliott structure. The wave 5 have been detected using bearish divergence with the MACD. After the the ETC started the 5-waves cycle to the downside and we can see that the MACD have already formed bullish divergence on the 1D timeframe. I think that it was the wave 5 finish inside wave 3. Now we can expect wave 4 – it is not the market reversal, but we can catch the bounce. We also can define the clear target for the pump – 0.618 Fibonacci retracement level. Also there are a lot of liquidity of short traders which has to be collected before the new dump.
Best regards, Ivan
ETC breaks a long trend line - crazy movement ahead?Aiming for $28
Support around $22
ETC is lying dormant at the moment, and this is mostly due to BTC and other stock market factors.
However, this is easily expected to pick up.
I am expected a wild run once price closes one daily candle above $20.
I will tag this chart as "long" but beware that this could go sideways for a while (2-3weeks)
For the longer time frame, I am tagging my weekly chart below:
