ETCUSDT trade ideas
ETCUSDTPERP 073022Why am I taking this trade?
1. Bullish at HTFs and also TRBO on Daily chart
2. Reacted successfully at the 5m Order Block and made an impulsive move that caused a Change of Character at 15m TF
3. There is a possible liquidity grab
4. Potential calming of the RSI currently at 50 level at 1H TF
Ethereum Classic UpdateWe've come a long way since our first ETCUSDT chart on July 16, but we believe this Altcoin pair has more to give.
Here is the previous chart:
Ethereum Classic vs Tether (95% Target Mapped) | 16-July-2022
You can check the "RELATED IDEAS" below for more.
Thanks a lot for the continued support.
Namaste.
ETC - Run before it's too lateReasons to take short:
⭐️ Coin rose 90%, correction is needed
⭐️ We ended Elliot wave growth pattern
⭐️ Bearish divergence
⭐️ Volume leaving the coin
⭐️ 350 ATR
You can enter when price squeezes to the level on 5m timeframe or to the trendline, 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 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ETC - Potential SHORT - 15min/hrly - Binance for BINANCE:ETCUSDTTrade Status: ACTIVE - RE-ENTRY (above previous entry post)
Trader: Drizzzled (AUS)
Trade Type: SHORT
Entry 1(8): 43.75(as close to)
Entry 2(9): 51.65 “”
Stop Loss: 1: 45.41 (medium-high leverage - gann).
Stop Loss: 2: 55.29 (medium-high leverage - hrly .618).
-&/or to you own personal risk factor. 1 to 1 suggested.
Take Profit Targets: 41.57,35.90,28.50
-emas will rise with time so shift tp up accordingly.
Comments: move stop loss to break even once target 1 is hit. DCA entries above if stop loss is hit. Message me for more entries if needed.
Sorting ETC Now Ethereum Classic has no business at it's current price as profits are taken it is going to dump massively. This is my plan. Risk to reward is incredible on this opportunity. Let's send it where it belongs. Shorting Ethereum Classic seems like the logical thing to do. I am not using leverage but if you do don't go over 3x unless you know exactly what you are doing. I might add leverage to the position later to pull some capital out of the trade but that would be the only reason I used leverage on it. I am risking 3.3% of my account on this trade. 0 Leverage to start.
Best of luck and hope someone is able to make something off this. I know there are many hurting right now and the only reason I am sharing some of my trades.
Not Financial Advice but this is: Never Risk more then you can afford to lose and never risk more then 3-5% of your capital on any one trade. That is with no leverage. Technically that isn't financial advice either just good capital preservation.
ETC against all oddsthis growth that ETC has since yesterday is based on news that in my opinion is not even that signifact so a pull back should happen.
i was late and did not enter above 40$
i will short it here at 39.5
i will cut losses at 41,55
set take profit for half the position at 36,1 and the rest at 32.3
a bit risky play but i think it is worth it
i will not use leverage for this one.
vists POWCHARTS.COM for more signals
Ethereum Classic vs Tether (95% Target Mapped)Ethereum Classic is bullish on all fronts, vs Bitcoin/vs Tether.
This is the ETCUSDT pair.
First, we notice the broken downtrend.
This is followed by a consolidatin phase that leads to a bullish breakout.
This breakout is what we are waiting for.
Additional details on the chart.
Namaste.