$ETC SHORTA short I'm seeing, with 5R potential. The higher the R:R, the less likely it is to reach that price.
ETCUSDT trade ideas
Ethereum Classic ETC short Entry Range, Take Profit and Stop LosETC/USDT short
Entry Range: $24.00 - 25.50
Price Target 1: $19.80
Price Target 2: $17.00
Price Target 3: $13.50
Stop Loss: $27.80
ETC: There's a classic to ETH?Not sure what this is, but ETC is probably going to reverse and pamp around the fibs between $12-$14. Additionally, there is weekly bullish divergence on the MACD. Bearish momentum is decreasing.
Perfect pullback entries on ETCWho is still in the long trade on ETC? Entry at prior resistance exit at prior resistance
ETCUSDT | BEARISH REVERSALETCUSDT has been in a bullish trend. Currently the price action is at resistance zone. The bearish divergence on RSI has also appeared.
We are expecting bears will take control from resistance zone. While bulls will be only in control above the resistance zone.
Trade your levels accordingly.
ETC/USDT ShortOur chart is indicating bearish path for etc in the next few days. Why?
- There is a possibility we do a breakout on the trendline and reverse from the Fib level&vp line last session. We will open a short signal up on confirmation ( at the trend line ) as the chart indicates!
Our take profit will be at the golden channel in the fib, it's a buy zone as it also contains pivot points support & Vp line.
Have a good day & I hope you like my scenario. keep it up y all
ETCUSDT ! Two scenarios for rise and fall🙈ETHCUSDT breaks the downtrend and after confirmation of support on the retest it forms the strongest momentum to the level of 28.00, followed by a pullback to the strong level of 25.00, formed at the end of May.
On the chart we see the level of 25.00 and the retest of the price after its confirmation on May 30. The level is broken upwards, but there is a reason why I will wait for a fall here - after the distributive momentum there is little chance that the level will be broken.
I assume if the price goes under the level and stays under it, a fall is possible. The short-term target is the support of 22.5, the medium-term target is the liquidity zone of 18.5. But if the price fixes above the level of 25.00, there will be continuation of growth up to the potential target of the resistance of 30.78.
Sincerely R. Linda!
Ethereum Classic Grows 101% In 10 Days... Can Do More!ETCUSDT has grown by a massive 100%+ in the last (MASTER NUMBER 7) days but more growth is absolutely possible...
The give away signal on this chart is the huge volume.
Notice the last two candles...
The potential is on the chart and it goes all the way to 99% but personally we are happy at 38% from current price and maybe up to 65%, but we stay conservative and always secure profits along the way.
Everybody has their own system/strategy, their own best method on how to sell to maximized profits.
Make sure to withdraw as much as you need as your trades develop because what comes after the bullish wave, we don't know... Can be a classic retrace or something we are not prepared for.
Namaste.
Ethereum Classic (ETC) - July 19Hello?
Welcome, traders.
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Have a good day.
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(ETCUSDT 1W Chart)
www.tradingview.com
If it touches the resistance section of 36.26-47.10 and falls below 30.50, Stop Loss is required.
(1D chart)
The key is whether it can move higher than 30.50.
To do that, we need to make sure we can keep the price above 22.51.
The interval 36.26-47.10 is the interval that determines the trend.
Therefore, if it is supported and rises in the 36.26-47.10 section, it is expected that the uptrend will continue.
If not, Stop Loss is required to preserve profit and loss when it falls below 30.50.
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Why is the price rising and why is it falling???
You don't have to waste time trying to figure out the reasons for the rise and fall, because you don't know how far it will rise or how far down if you know the reason.
If you find a reason, you can create a basis for subjective judgment and proceed in a strange direction.
When the price rises, it is better to focus on which section to sell and check the movement of the chart.
You can respond based on whether you find support or resistance at the support and resistance points on the chart.
When you start trading, you sometimes overlook the current movement and unconditionally hold on to the desire to get more profit.
It is extremely rare and close to luck that such holdings can yield large returns.
It is often the case that after earning a large profit from such good fortune, they trade excessively and return the profit.
The stock market or coin market is an investment market that earns money by reacting.
Thus, it is a market that reflexively gains profit by identifying price movements and responding appropriately to reduce losses.
If you trade to get more profit, you will overlook the loss and end up trading with a big loss.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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2022-07-19 _ ETCUSDT AnalysisETCUSDT already breakout and now in bullish trend. increase the SL as per fib ret. support lines
Short is The BestHi Sniper
now you can shooot the targer
set the 20.752 for the STOP
and Tp 1 : 17.89
Tp 2 : 17.54
Bitcoin & Ethereum Will Follow | Ethereum Classic LeadsWe are aware that the cryptocurrency market is all correlated and all the cryptos tend to move together, specially the Tether (USDT) pairs.
Whenever Bitcoin goes bullish the altcoins USDT pairs also go bullish.
If Bitcoin crashes so does the altcoins.
This chart is for Ethereum Classic vs Tether (ETCUSDT), just notice todays candle.
It has really high volume, full green, trading above EMA50 and going straight up.
The ETCUSDT chart is also identical to Bitcoin and Ethereum in that the initial low was set 12-May followed by a lower low on 18-June.
A little tip on how to spot a bottom.
When a correction/bear market is taken place, prices dropping, volume tends to stay flat until a panic force comes in and volume grows strong on the first drop (12-May).
On the second drop which is a lower low (18-June) the volume becomes lower than the first one, this signals that the bottom is in (bear momentum loses strength).
Back to ETCUSDT, it is moving strong now while Bitcoin and Ethereum consolidate.
My theory is that Ethereum Classic won't move alone...
It only grows if the king grows.
In that case, Bitcoin and Ethereum are very likely to follow...
That's just my view of course.
But I will be here tracking the charts to see how it goes.
Namaste.
ETCThe price may rise to the resistance of 100MA/EMA. If the upward momentum level has dried up, the price will drop to the indicated support level. The transition of ETH to PoS could benefit ETC as all the mining power of ETH will be transferred to it
Same volume breakout on Ethereum Classic LONGDaily Crypto Scanner showed me ETCUSDTPERP as highest relative volume coin on the leveraged PERP contracts.
Then going long on a pullback to prior resistance that became support was a valid entry level.
now taking profits at prior resistance level.
Maybe another long move up tomorrow if price can bounce of a support level back up to the new resistance above 19.8
ETC 0.618 SHORT TO 0.618 LONGETC increased 13% today already. I think we have something to short at the level around 20$.
This erea has formed and supply zone and also the 0.618 golden pocket correction to the upside and its not touched before, so there will be a lot or orders to the downside.
After this potencial dip i personally will long it at the 0.618 Correction.
#ETCUSD - WedgeHello everyone!
ETC's uptrend was repelled by a strong dynamic resistance which is at the same time the upper edge of the wedge pattern.
Seems like ETC will retest the 14.95 - 15 area and slide downwards.
Keep an eye on support levels as well.
Resistance zone and 50% fibo If the price hits the downtrend line, we get a short position because it is both a resistance zone and a 50% fibo.
Ethereum shortEthereum bounced off the descending trendline. Asset bounced off the resistance area. Bearish movement to support level at 14.46 is possible.
Etc/USDT short📉Previous important support and resistance zones:
**s1: 15.10
***s2: 15.00
***s3: 14.27
* r1: 15.39
***r2: 15.00
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.previous ***s2 and ***r2 breakout
4.momentum indicator trendline breakout
5.volatility increased
6.Money flow index turned red from green
7.di- is above the di+
8.adx line is above 20 level
Stoploss:
1.above the ***s2 and ***r2 zone
Take profit:
1.I like to trail my profit but the next take profit can be near the ***s3: 14.27 zone
$ETCUSDT - Rejection aheadHello everyone!
ETC about to face a major resistance and retrace.
Keep an eye on RSI, there is a price-RSI divergence
