can ETC see $90?#ETC/USDT
$ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down.
🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming weeks.
🐻 but if bears break down price inside ascending channel price may drop to $25 and even $18.
ETCUST trade ideas
ETCUSD ❕ the price try to break the upper boundary of channelTD Sequential formed a reversal signal upwards (4H TF)
ETC tests the downtrend line on RSI (1H TF)
Price and RSI have formed a bullish divergence (30m TF)
I expect that the asset will try to break the downward channel and after fixing above the resistance level will continue the upward movement.
ETCUSDT 1H TA; Resistance Zones According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
⚡️ETC/USDT LONG TRADE SETUP⚡️ETC currently retesting the upper trend line and we can go long from the current level for short-term gains.
#LONG ETC/USDT
ENTRY: BUY AT CMP AND ADD MORE TO $38.660
TARGET : 15% - 20%
STOP LOSS: $37.617
LEV : 10X - 20X
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
ETC can break the resistance after testing the support @ $33/$34ETC can re-test the resistance if it stays above the support of $33/$34, otherwise it will drop to the next support level at $26/$27.
Here it can try to break the resistance or break down the last support and a good occasion to buy it cheaper at 10/12$.
ETC, time to retrace, mmkayBINANCE:ETCUSDT
COINBASE:ETCUSD
BYBIT:ETCUSDT
Impressive run on Ethereum Classic, stats show it's getting time to retrace.
I imagine ETC will test and reject the blue trendline.
General Stats:
Daily Vol % change: -27.88%
Daily RSI is way up there: 84.33
Short Target #1: 36.9
Short Target #2: 33.8 to 32.1
It is important to rebalance the chart when a level is broken, this also means adjusting targets.
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.
