ETCUSDT trade ideas
ETCUSDTI made examination for this coin since multi week prior
What's more, it appears to be following my thought ⬇️
Cost is now siphoned 21% from my last thought
Overlook the commotion and changes in modest edges we saw a reasonable breakout in week after week time period
The main solid obstruction is situated at 50$
ETCUSD ❕ the price is under the downtrend lineETC is moving in a range, under the downtrend line.
Volumes are down on the drop in price, but are showing interest in the rise in price.
TD Sequential has formed a reversal signal up (1H TF)
I expect the asset to react to the trend line, and will continue to rise after fixing above the lower boundary of the range.
ETCETC appears to have broken out of the LT triangle correction, since this break out doesn't look impulsive yet I'm ruling it an ABC bearish move up which can hit $72 into Oct before another big sell off. If the C wave up leads into a786% correction of the ABC move then I'd rule that sell off as a wave 2 and the ABC would be a W1. Let's see
💡Don't miss the great buy opportunity in ETCUSD @eth_classic
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 35.43
TP2= @ 38.07
TP3= @ 41.79
TP4= @ 45.67
TP5= @ 48.31
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classic
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 35.43
TP2= @ 38.07
TP3= @ 41.79
TP4= @ 45.67
TP5= @ 48.31
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ethereum Classic - After rise there is always...ETC is nice candidate for short since:
⭐️ BTC looks weak
⭐️ Yesterday we rose 10%
⭐️ Volume at top and decreasing, buyer is weak
⭐️ We just took stoplosses of bears behind local level
⭐️ Retested important zone
⭐️ 47 ATR
⭐️ Squeezing to VWAP
Will enter when price slowly squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
ETC/USDT LONG IDEA 2H, 4H 🚀🚀🚀Hello traders, yesterday we witnessed a massive pullback from 30.30$
I believe if we break resistance 1, ETC can reach the 38$
And of course, the triple bottom has been confirmed on 2H, 4H
This idea is not meant to be, and does not constitute, financial, investment, trading advanced advice
ETCUSDT|The miners will come soon, well, that's not about it nowhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset on the three-hour chart has left the descending channel, while I see that the price will be able to test the upward channel again as a support zone.
I use a short stop-loss for the deal, if the price breaks through $32, we will see a continuation again in the channel. For now, for a safer transaction, retest the upper bound.
It is also worth paying attention to the fact that Ethereum will soon switch to POS, many experts and analysts indicate that miners will come to Ethereum Classic. Yes, and Buterin himself said on his Twitter that miners would pay attention to ETC.
So this is a reason to think about buying a coin on spot.
ETCUSDT is testing the key levelThe price created a double top on 45% area where the price had a clear breakout until the previous 4h support on 34$ area. The market has the 0.618 Fiboanacci level on that level and local Demand Zone as well.
How to approach it?
IF the price is going to lose the current support (the M's neckline) 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.
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Follow the Shrimp 🦐
ETC/USDT looking bearishGood morning people
Let's talk about ETC coin. We sow a possible entry place for short position on ETC. Our target is next support zone which is at $26 zone from where we expect to have a pullback or some sort of correctional movement. Stoploss must be places if 4h candle secures the zone above the upper resistance!
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.
ETCUSD: Growth PotentialHi all.
Earlier, the growth dynamics of ETC caused the price to soar more than 200%, which in turn formed a powerful upward momentum.
At the moment the price continues to correct within the supposed local wave 4.
I am closely watching the price and will be included in the trade, if further growth is confirmed.
ETC Scalp Long📈ETC is nice candidate for long since:
⭐️ BTC has similar trendline
⭐️ Accumulation 3 days
⭐️ 4th approach
⭐️ Volume at bottom
⭐️ Stoplosses are close
⭐️ Retested important zone
⭐️ 40 ATR
⭐️ Over VWAP
Will enter when price slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊