#ETCUSDT #4h (Bitget Futures) Ascending channel retest

Jul 20

Ethereum Classic printed two evening stars in a row, looks locally topped and ready for correction towards 50MA & 200MA supports.

⚡️⚡️ #ETC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.0%

Entry Zone:
24.679 - 25.675

Take-Profit Targets:
1) 22.751
2) 20.924
3) 19.097

Stop Targets:
1) 27.207

Published By: @Zblaba

ETC ETCUSDT.P #4h #EthereumClassic #PoW #L1 ethereumclassic.org

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.2% | +84.5% | +120.7%
Possible Loss= -40.3%
Estimated Gaintime= 1-2 weeks

Jul 22

Trade active

ETCUSDT.P Entered entry zone ✅
Period: 1 Day 8 Hours 10 Minutes ⏰

ETC got rejected on supply zone as expected so far, almost hitting first target already.

Jul 23

Trade closed: target reached

+1.2R

ETCUSDT.P Take-Profit target 1 ✅
Profit: 39.0616% 📈
Period: 2 Days 13 Hours 34 Minutes ⏰

ETC is retracing down as planned so far, nice timing!
Time to secure SL above entry zone.

Jul 30

Note

TP2 reached with +2.1R

ETCUSDT.P Take-Profit target 2 ✅
Profit: 60.2598% 📈
Period: 9 Days 12 Hours 43 Minutes ⏰

ETC lost 100EMA support and made it to 2nd target, patience paying off!
Time to secure SL below entry zone and chill.

Aug 5

Note

TP3 reached with +3.0R

ETCUSDT.P All take-profit targets achieved 😎
Profit: 78.6549% 📈
Period: 12 Days 18 Hours 57 Minutes ⏰

ETC went for final target before bouncing back, very accurate short call, fully closed now.