ETCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETCUSDT
Here we have R3 as our resistance line and the unsuccessful triumphs of the price to rise is obvious. R2 and R1 used to be the support areas as well as, which all S1 is a support area which expresses the support of the price at some points. At the moment, the price is fluctuating in R1 area. Therefore, it will have two options. Either it will rise over R1 and by giving a fixation there and by receiving some confirmation candles, we predict more rise for it to R2 or more. Or it will fall below R1 and experiences more decline toward S1. Remember that by the time the price does not leave R1 area. there is no precise prediction for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETCUSDT trade ideas
ETC: revenge short?I've shorted ETC from 19th until last night, I didn't close the short when I was in good profit because I was waiting for a deeper dump. Yesterday I closed at risible profit because I was unsure about the daily opening (better this than loss).
However current price action is showing more bearishness and price is piercing out of this rising wedge so this might easily be a green light for another short, a revenge short if you want. I'd check 25.37 USDT level, a 4h close below that price it's a confirmation of breakdown
Indicators are bearish, you can either short and exit at TP1 or even do it in two steps so TP1 and TP2. Off course I'm still deciding whether to wait for confirmation or enter right now, do as you wish.
Ethereum Classic Targets $77 (195% Profits Potential)This is why we focus our trades on the smaller altcoins rather than the big ones.
Smaller capitalized altcoins have higher potential for growth.
After a stop-loss hunting period, ETCUSDT had a strong volume breakout and is ready to move up.
$37 Is the easy target, still big growth.
We can see it going up to $77 and that's a huge 195% potential from the current level we are on.
This is my first DEX trade and it is paying really well...
I am very happy -extremely GRATEFUL- with the results.
I can be impatient in mind, playing in my mind saying to myself that I am impatient, but the trades... I do not touch.
I wait and wait and wait, patiently...
And only sell when the next resistance hit.
That's a sure and easy way to win.
Thank you for reading.
No need to comment.
No need to "boost"...
All that is needed is that you use this information for your own success.
That you profit from this information or that you learn something or in the least feel entertained.
Everybody has to do their own research.
There is always the potential for loss.
Trading involves risk.
If you can't take a loss, this business is not for you.
But if you can, that's part of the game and as you learn you will win long-term.
Thank you for reading.
This is Alan Santana!
I am wishing you the best, now & always.
Namaste.
ETC 15m short scalpi have two scenario in mind , let me know what you think in the comments!
scenario 1: ETC will come to the zone and then after a nice bearish candle we will get in
(confirmation candle gives us the stoploss location)
scenario 2: ETC will break down the channel and then after a pullback to the lower zone we get in
(place your stop loss above the confirmation candle)
ETCUSDTPERPWith the shortening of the ascending steps and the increasing slope of the descending steps, we are probably nearing the end of the upward trend in this currency, but to confirm entry into the short position, we need the presence of stronger sellers, which can be achieved by creating a lower ceiling or a higher ceiling with upward momentum. Weaker and confirmation of the appropriate candle to form.
ETCUSDT(Ethereum Classic) Daily tf Range Updated till 22-07-22ETCUSDT(Ethereum Classic) Daily timeframe range. for any alt quality volume and retail interest are big factors. we can see both into this chart. and for that the price action been reasonable here too. provided swing setups , position setups and scalp setups. of course as its alt there will be always risk. but there are levels of risk. compare to many other alts out there with bat shit crazy price action there are very few with reasonable price action.