By looking at the chart we can notice a couple of important things: 1) there is a descending channel with 5 waves 2) there is clear bullish divergence 3) formation of dragonfly doji candle on the daily These are clearly bullish signs. If etc picks momentum the price could skyrocket from here. Especially if it touches that upper resistance line ( the neckline of...
ETC/BTC ETC just shifted the 4H trend to an uptrend market after breaking a minor resistance line and making a fresh Higher High. If we see a pullback down to 8000 sats area, it will a good opportunity for Long entries and target the upside range 9000 sats area. The key stop-loss is below 50MA.
ETC/BTC ETC may have temporarily found support at 7100 sats regions and manages to break the trendline resistance. This is a good sign for ETC bulls in the short-term but the battle is still too far. There is a lot of trading action needed to shift the tide. ETC needs to hold current levels and must not close below 7100s because this will invalidate the...
Hello Traders, Today i am gonna be doing a quick analyses about Ethereum Classic, for this asset we have a big uptrend moviment, and now the bears held control of the price, we lost wall the fibonnacci Retracement levels, we dont have any bulls defence, and now the price is acumuting on it seens to be a Bearish Rectangule, the last chance to make the price have...
ETC is painting a bearish triangle pattern after failing to break previous High and bounce at the same support area. My target to the downside is in the chart coincide with the 200MA dynamic support.
ETC/BTC ETC is painting a bearish small rising channel that has the change to break to the downside and challenge key support area at around 9800 - 9000 sats which also coincide with the upward trend-line support.
ETC/BTC ETC shoots up over 100% price increase in a very short period, this move is kinda scary as no single support is built during this massive move up. The price can drop faster, be cautious as this coin is highly volatile and risky. Also, ETC is trading within an area of resistance and the candle hasn't closed yet. Do not FOMO with this type of market move...
ETC/BTC ETC is battling key resistance area or the previous Swing High at 7000 sats levels. We are still in an uptrend but we have 1 warning signal on the RSI. I'm still bullish on ETC since this upward trend-line is still intact. EMAs are also catching up on its uptrend, this will give us dynamic support to continue another leg up. Key areas must hold is 6300...
Sxc looking Fibonacci lines, sitting above grey line. Movement upward likely.
$ETC I'd cut longs here, bearish divs into HTF resistance; I'd look for a pullback into range POC (yellow).
ETCBTC JUST BROKE THE FALLING WEDGE REVERSAL PATTERN, WAIT FOR THE CONFIRMATION OF THE BREAKOUT AND THEN BUY..
Completed Bat Pattern. Price action is accumulating 1.618 BC so we will see a break above this level soon. Do keep in mind the movement of the bitcoin as bitcoin makes big moves this analysis might fail. Targets : 6203 | 6463 | 6707 StopLoss : Below 4800
There's just no way ETC/Ethereum Classic shouldn't start its fresh new profitable Successor! Now if you will notice most of my recent ideas are quite the same with all the elliott wave being in the wxyz analysis. Showing that ive been waiting for this time to post all of this when their Successor is finally coming
Ethereum Classic broke the lower highs and now making higher lows. Buy @ 600-650 Sats Sell @ 725-786 Sats Stoploss @ 580 Sats
ETCBTC Break structure and pullback This is for my own research and not trading advice
Just a quick and small scalp on Etc. Im not bullish on this but interested in this breakout trade.