🔥 What heppen to ETC after the MERGE? BULLISH FLAG breakout🚩Hi friedns! ETC is moving in the huge bull flag. Let`s talk about the most potential scenarious for the ETC price.
Ethreum Classic is the oldest ETH fork and we see how it`s following the ETH price. Huge dump of ETC happen at the same time after the ETH MERGE. Even if other altcoin make a reverse, the price of ETC will follow the ETH.
✅ After this correction i can expect some pullback. The price fall to 2 important support levels:
1️⃣ the bottom boundary of the bullish flag🚩
2️⃣ the huge value area of $25-28
📊 When you should open a long:
🔥 the whales liquidity collection (false breakout) below the bottom boundary of flag
🔥 the volume growth during the false breakout which confirms the pressense of whales
🔥 DOM and Footprint confirmation of the big orders to BUY at the bottom. These scalping tools help me to identify the whales who want to trap the retailers. In the most cases the bounce from this size lead to the pump and you make 1:5-20RR trades.
🔥 bullish BTC force all the altcoins reach the targets
✅ The closest target is the top boundary of the of the bullish flag ($36-38)🚩 The huge value area are also there, so you can book 50-70% of your profit. The pullback is hughly expected.
🚩 If the price fall below the value area of $25-28 and BTC will be bearish, ETC easilly reach the $15-16. In this case we can open our short on the test of the flag or this value area as the resistance with short sl and nice RR.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETCUSDT trade ideas
ETC/USDT getting ready! Hello guys
Another one on our watchlist is ETC/USDT. After several pumps and dumps this coin has we see there might be a chance of getting to upper levels of EMA soon. We are waiting for price to reach EMA50 in order to set our buys and hopefully going towards EMA100 and EMA200. What do you think here guys?
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETC LONG TREND LİNE⚡️⚡️#ETC/USDT ⚡️⚡️ 📶 ETC/USDT – 1hour – Abnormal Volume Detected – 29.19 – 16:51:02 (UTC+0300) – BINANCE –
Exchanges: Binance Futures 🚀
Signal Type: Regular Long
Leverage: Cross (X20)
Amount:0.50%
Entry Targets:
1) 29.190
2) 28.350
3) 27.591
Take-PrOfit Targets:
1) 30.068
2) 30.883
3) 32.284
4) 33.147
5) 34.541
6) 36.175
7) 38.505
Stop Targets:
1) 26.213
✅TS ❕ ETCUSD: rebounded sharply✅✅ETCUSD is moving around the support level. Several lows have already been formed at this level, after which the price bounced up. I expect a rebound and growth.✅
🚀 BUY scenario: long to 30.88.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETCUSDT Bear Flag Broken to downwardETC Bear Flag Broken
Trade is going according to the plan. ETC need to break 27 for further down. 25-27 is critical area and after break it can go down to 15-18
Use your money carefully and don't be greedy. Its just my opinion, not a financial advice.
Thank you and Good Luck!
ETC/USDT looks interesting! Hey guys
Another coin is going to be ETC. Well it followed ETH with this drop where afterwards tried to go back up for breakout but failed the attempt. We see here more of a bullish pattern and candle movement overall so let's see what will happen. This is just an idea and we will enter this trade only once we get a confirmation of a movement!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETCUSDT Bear FlagETC | Bear Flag? I think it will go down to 25.
Right now all depends on Fed Rates. If rates will be 3.25% then blood bath for every coin. ETC can go down to 15-18. Depends on Fed Rates and FOMC Press Conference .
Use your money carefully and don't be greedy. Its just my opinion, not a financial advice.
Thank you and Good Luck!
Ethereum Classic (ETC) 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week.
Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today.
The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge.
Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00.
As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark.
After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
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ETCUSDT Long SignalOne of the most searched coin right now and is a killer gem which is ready to explode in the upcomming days, the ETCUSDT is about to take a LONG.
My Setup for this is:
$23.8 - $31.5
One Time Entry: $28
Short Term: 31 , 32.5 , 36 , 38, 42
Mid Term: 48, 52, 61, 69
Long Term: 75, 81, 86, 95
: 20.75
Please be aware with your money!
ETCUSDT BATBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
🔥 ETC Falling: Bounce From ResistanceOver the last couple of weeks, ETC has been trading alongside a strong resistance. After several failed attempts, the ETC is falling again, boosted by negative sentiment in the market.
In my view, we can see much more bearish price action in ETC. I'm looking at the blue dotted line for a potential entry. Once we close below that line ($30.4 or so) we will likely see more selling occur, so be patient.
Targets in blue placed at recent areas of support.
✅TS ❕ ETCUSD: continues to fall✅✅ETC rebounded strongly from the resistance level. The price formed a triple top and went down. now there is movement in the support area. I expect the trend to continue.✅
🚀 SELL scenario: short is below the minimum.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETCUSDT | Well, miners, are they mining?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends from the last signal, we never came to test the countertrend one.
While you can see that the asset is starting to consolidate in the range of $33-35, I think from this zone you can try to gain a long position for a small percentage of the deposit (3-5%)
ETH is still gaining momentum but it could be a trap, I wrote about it in another post! So be careful and work with risk management!