Falling wedge is forming and it will soon touch support line. Watch it and be ready possibly to place orders.
A few days ago we saw the historical bottom on ETC - ETH pair. I think it's time to change downtrend!
Lets watch it closely...
Hey fellow traders, Have a look at my analysis of ETCETH where you can see forming rising wedge, which is usually bearish pattern. Nevertheless IT IS still forming, so we can expect it to go up for quite some time. Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be higher...
BINANCE:ETCBTC has a lot of upcoming events in the near future , so i expect that we will see the 5th wave in the upcoming days ( we need just BINANCE:BTCUSDT to stabilise ) . As we cane see BINANCE:ETCBTC found support at around "0.00235" , the buy area will be in red line . Patience is the Key
we can take ETC now from 28 area to the 31 area with the up trend and continue out new pattern to long term if you want to hold
ETC/ETH comparison: Ethereum Classic has formed an 18 month ending diagonal wave with converging lines signaling a near-term breakout. I expect this to be a major breakout given the nature of the moves of crypto and the time span this has been accumulating for.
Ascending Triangle mid-term trade on the left, and short term trade on the right. The idea is to buy the bounce of the uptrend support line (orange), sell 35% on swing high target / ascending triangle resistance, rebuy break/retest of ascending triangle roof and sell majority on ascending triangle target, hold rest for long term.
Check out the chart. The pink dotted lines are stop-limit orders. The 7 MA crossed the 77 MA and according to the patterns a few months back, the candles usually spike up to hit the 231 MA or to play it safe hit the green .236 fibonnaci level. OR it can continue it's bearish trend depending on how BTC / USD or ETH / BTC is doing...
Chart 1W Buy zone 0.020 ~ 0.027 * First Target 0.06
The daily ETH to ETC chart looks massively bullish for ETC on the MACD and RSI indicators
ETC will have great year in 2018, targets are $150+ med-long term.
When looking at some of the smaller altcoins, we can look at the /btc and the /eth chart to supplement our technical analysis. When we see bullishness on the /btc or the /eth chart and the /usd chart, we know that the breakout is much more likely and have more confirmations on our analysis. Looking at the etc/eth pair, we see that the price is forming a falling...
ETC was one of the only pairs that didn't run up during altcoin season, it is begging to break out.
ETC has been hammered against ETH but here look like a 10X opportunity for contrarian investors. Volumes are low, no one interested so there is an opportunity to get in before others get interested. All minimum requirement for the diagonal triangle have been met. Looks like the low is already in place or it would form in the coming sessions. As with any low, the...
ETC bull cycle is coming. The last correction has ended at the bottom. Price bounced up and confirmed that support 59 days later. Cleary two strong signals for a bullish market. On the daily chart, MACD is crossing the signal line and goes bold-ish up. Volume is getting positive. RSI shows also a lot of space to accumulate.
Target: 35.5 Stop-Loss: 23.5 ETC is approaching the 1.618 fib line and has formed a bullish flag that should breakout at any time. RSI is bullish and we are also about to touch the mid-term support. Volume looks to be picking up. If we break the mid-term support look to exit the trade.
Backtesting the moving averages shows very consistent results