Cryptocurrencies have also been seen by some investors as a speculative hedge against inflation and the Fed's plans to curb inflation could weigh on the broader cryptocurrency sector.
On Friday, ETH joined the broader crypto market in a bullish session, gaining 6.28% to end the day at $1,996.
US economic indicators and staking statistics supported an ETH return...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Daily: Left Chart
USDCAD is retesting a resistance zone in blue so we will be looking for sell setups on lower timeframes.
on H1: Right Chart
USDCAD is forming a head and shoulders pattern but it is not ready to go yet.
🏹 For the bears to take over, we need a momentum...
Luna is no different from any crypto
it just proved that players are man for himslef
and OGs were rooting for this to fail as it OVERSHADOWED the pioneer in the space
now it's got a Big Brother to take this to better days
ETC is one of the many alts who's currently underperforming the market. However, that doesn't mean that there's not trades to make.
I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
Ethereum Classic is pulling back to 200MA and has been forming a falling wedge, placing an opportunist bid sounds like a plan.
⚡️⚡️ #ETC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Published By: @Zblaba
Confirmation of Major Market Bottom: Clean Bottom in June plus a retest today that corresponds with extremely oversold conditions by most metrics, Tech @ Long-Term Support & Rates and USD extremely overbought-
June Bottom- Volume Spike @ low of positive px action on the SPX, with the VIX vol Spike on Negative Px action- Both confirmed with follow thru px action...
Luna classic has risen from the dead.
1.2 percent burn on all Luna classic buys could push this coin to 1 dollar.
In the next 2 years
2 ways we can do this staying as cheap as possible so the burns blow through the coins..
Or as the price doubles so does the volume. The burns will take the same time to decrease circulating coins.
Also 7 percent of all all coins...
first purchase installment in the blue zone, second purchase installment in the red zone, tendentially the ETC may still go to the weekly trendline
as there is a lot of interest in the return of ethereum classic after eth passes to POS the ETC may not pass the blue zone
Hello Traders and Investors,
ETC had a good run, but the top is in for it. HNS on the 5 minute which should push the price down to the closest support. A rebound back up to the neckline is possible after the first support is touched. But a continue in decline of the price is expected.
Let me know what you think.
here we see a descending channel(ETHUSDT;D1)
and the price have touched the top of the channel
if the price breaks the HL it may go down to the bottom of the descending channel :)
The analysis is based on the Elliot Waves and Elliot patterns TOO ]:
Ethereum classic is heavily overbought, I think it is necessary to liquidate longists, indicators are overbought,
this is a signal for a correction!
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in my opinion, this pair (#cadchf) started a new bullish trend from a strong support level (level=0.73602) and on that level formed a head and shoulders pattern so it confirmed a new bullish trend too, on the other hands, the last supply kink engulfed easily ( i mean range of 0.7525-0.7545) so everything is ready for another upward movement until...
So with all the crazy things going on with the Terra ecosystem Iam pretty surprised how the prices act for both Luna and Luna Classic.
I do believe this is a great time to buy in with a small amount of money and hope for the best. The community for Luna Classic is working hard to make it a
healthy ecosystem. If things go well this could make you millions so why...