ETCUSDT trade ideas
🔥 ETC Bullish Breakout From TriangleETC was one of the few tokens which saw massive returns after the crypto capitulation in June.
After reaching the $45 area, however, massive profit-taking ocurred and ETC fell back to around $31. During the distribution event, ETC has formed a triangle pattern on the chart.
As of today, ETC has broken out of said triangle pattern on the top side and seems to have started a new bullish trend.
In my view, we can see a push towards the blue targets in the near future. Keeping my targets close for now, if we can make a new local high (>$45) we can start looking at targets further away.
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33.15).
. 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 67.
Take Profits:
TP1= @ 35.47
TP2= @ 38.11
TP3= @ 41.22
TP4= @ 45.72
TP5= @ 48.31
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33.15).
. 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 67.
Take Profits:
TP1= @ 35.47
TP2= @ 38.11
TP3= @ 41.22
TP4= @ 45.72
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 ❤️
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
❤️ 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 ❤️
💡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.