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Ethereum Classic (ETC) - March 11

COINBASE:ETCUSD   Ethereum Classic
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(ETCUSD 1W Chart)
(Full: www.tradingview.com/x/FfEHMeuW/)
Above 19.220 point: expected to continue uptrend (long-term perspective)

Above 36.280 point: Expected to create a new wave.


(1D chart)
38.376-49.785 section: section that determines the trend

Therefore, it is important to maintain the price above the 38376 point.


If the price declines below the 26.542 point, there is a possibility that it will fall near the 19.220 point, so you need to trade cautiously.


To turn into an uptrend, it must move above the 32.740 point.

However, it is expected that the upward trend will continue only when it rises above the 57.505 point.


The next volatility period is around March 22.

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(ETCBTC 1W chart)
(All: www.tradingview.com/x/3jjMKqaX/)
0.0009 Above 70 points: Expected to create a new wave.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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