$ETCUSDT - Rejection aheadHello everyone!
ETC about to face a major resistance and retrace.
Keep an eye on RSI, there is a price-RSI divergence
ETCUST trade ideas
CRYPTO - ETCHello friends, let's talk a little about the market and the state of the ego, everyone is already aware of this downtrend, the coins are flooding with growth like there is none, whoever trades now, I advise you to stick to risks, remember the first task of a trader is to save money, put stops if your postures go against the trend , I also want to tell you that the recession can be very protracted and long, so I advise you to take something locally with small takes, when the profit is set to stops at no loss.
And so a little about the coin, now a falling wedge has formed and there is a good accumulation inside it, I will take it already on the breakdown, I showed it in more detail on the chart.
All good trading
ETC close to breaking out of the triangle or wedgeWeekly candles are looking thin, which is good during a bear market.
It was rejected on the 4HR chart at the top resistance line in red
I think it will see $13.50 again, and then hopefully trend up.
The blue line in the future indicates the area we want to stay ABOVE and hold as support for a bull run
ETC LONG POSTION SWING TRADEEtc is looking like it’s gonna give us a good run. I’m already in profits on a 3x leverage, so decided to share. You can still take in lots more. Like and comment to encourage me to keep doing tnis. Do your own research please and remember bitcoin determines the market trend. Goodluck
ETC Falling Wedge Breakout 1Day ChartFalling Wedge has broken through the resistance line on Jun 25, 0:00 UTC. Possible bullish price movement forecast for the next 26 days towards 29.7447.
ETCUSDT - SETUPETCUSDT price printed a strong breakout of local resistance and now looking for some momentum. But we are still thinking about a retest of the breakout zone to think about the entry. So don't chase the green candle and wait for the price action. Good Luck
ETC buy zone is hereThis idea is crafted with a bullish mid term mindset, trading spot / 2x leverage with DCA implementation.
I am entirely aware if BTC breaks below 40k, it is likely that alts will be unpredictable. I am not considering this scenario in this idea.
ETC has been consolidating for about 210 days from its 183 ATH in may 2021.
My idea is that these levels marked 1, and 2 on the chart are a good place to accumulate based off BTC showing strength pushing 51k today.
Indicator wise, we have been reaching rock bottom RSI levels and deep momentum waves marked as blue boxes, both today and September 2020 have levels this deep.
You can see this was a relatively safe buy zone as ETC rose 3600% in the coming 200 days.
I have also marked an ABC structure coupled with a FIB from the top of the A wave and bottom of the B wave.
This would give an approximate secure profit level at somewhere around 170-260 USD.
It's entirely possible to retouch level 2 at around $17 if we saw BTC drop to 42k before pushing further upwards.
etc amazing opportunity to buy and hodl i love this chart . this is amazing and great moment for those who want invest in crypto market . i highly recommend to buy and hodl . i think you would be thankful of yourself one year later because of taking such a risk
ETC USDT SHORT SWING | ETCUSDT | SHORT @ 14 - 13 | TP @ 12.75, 12.5, 12.25, 12, 11.75 | SL @ 16.5 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | HUOBI |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Ethereum Classic (ETC) - June 15hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ETCUSDT 1W chart)
16.05 or lower is likely to be a mid- to long-term investment area.
So, whether it can move higher than 16.05 is the key.
(1D chart)
The section 7.42-12.74 is an important volume profile section.
If you check the support in this section, you can buy from a mid- to long-term investment perspective.
The 36.26-47.10 section is the section that determines the trend, so whether it can be supported by rising to this section is important.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move 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 can be made through split trading. It is a short-term investment perspective.)
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ETC near long term support#ETC/USDT
$ETC is dropping to touch middle line of descending parallel channel that is the same with long term support zone between $15.7 and $13.5 and weekly descending support line.
🐻 breaking down from middle line can drop price to support zone around $7.5 and even more dip to lower line of channel around $4.
🐮 holding support zone and rejection from middle line of channel can help bulls start a rally to upper line of channel and break out from upper line will increase price to weekly descending resistance.
ETCUSDT Short BINANCE:ETCUSDT
Daily Timeframe
- Rejecting Resistance
- Breaking Bearish Flag
- Hidden Bearish Divergence
ETCUSDT End of correction. Downside risksWe observe the development of the movement, when wave 2 is confirmed, the scenario acquires a high probability. Be careful with long positions
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. 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 74.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
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Now, It's your turn!
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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 (21.87 ).
. 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 76.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
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 ❤️
ETC double top#ETC/USDT
$ETC shaped double top pattern, and dropped to ascending support that is the same with neckline of double top.
🐻 if bears success to hold the resistance and break down from ascending support, price will drop as high as top to support zone between $19 and $17.5.
🐮 but if bulls overcome the battle and break out resistance zone and descending resistance, price will going to continue its rally.
ETC breaks a resistance line, turning bullish for a short while As we see the red resistance line has been broken, which caused a little pump today of aprox 10%.
I am expecting local resistance around the red box, and any close within this box can see a bigger volume of sellers and it may come down in price for a short while, but not for too long.
If it closes in the green box within the next three days, then there is high chance it will continue upwards perhaps to $35
ETC Update - Turning bearishAn update from the previous idea link below.
ETC has hit the resistance zones as mentioned and we will see a downward movement, as BTC is also coming down.
I do not expect the green support line on the bottom to last very long, and it will break easily if BTC keeps dumping.
ETCUSDT BINANCEEthereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.
Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.
Ethereum Classic longEthereum Classic broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 37 is possible.
