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ETC/BTC TA Update (1 More Leg Up?)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 regions and anything below it will trigger selling pressure to invalidate this bullish uptrend.
Long
by PolarHusk
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.02450000) Ending of entry zone (0.02247455) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.027150 TP2= @ 0.029500 TP3= @ 0.032900 TP4= @ 0.037824 TP5= @ 0.040700 TP6= @ 0.044862 TP7= @ 0.050730 TP8= @ 0.058700 TP9= @ 0.069900 TP10= Free
Long
by ForecastCity
6
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.02450000) Ending of entry zone (0.02247455) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.027150 TP2= @ 0.029500 TP3= @ 0.032900 TP4= @ 0.037824 TP5= @ 0.040700 TP6= @ 0.044862 TP7= @ 0.050730 TP8= @ 0.058700 TP9= @ 0.069900 TP10= Free
Long
by ForecastCity
6
Ethereum Classic 2 scenarios with signalsHello, Traders! Monfex is at your service and today we overview ETC/USD. For now Ethereum Classic has the bearish divergence with RSI that can tell us about nearest target - the support zone. First scenario: After reach the support zone ETC will bounce up from it and break the resistance line with goal of ex-support line and MA200 also will be there. Active Trade Signal by ETC/USD in long case: Buy near $ 4,74 Take profit $ 5,30 Stop at $ 4,55 Second scenario: ETC will break the support zone and will go down. Active Trade Signal by ETC/USD in short case: Sell near $ 4,33 Take profit $ 4,06 Stop at $ 4,44 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:ETCUSD
by Monfex_UK
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02440000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.02440000) Ending of entry zone (0.02247455) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.02715000 TP2= @ 0.02950000 TP3= @ 0.03290000 TP4= @ 0.03782400 TP5= @ 0.04070000 TP6= @ 0.04486200 TP7= @ 0.05073000 TP8= @ 0.05870000 TP9= @ 0.06990000 TP10= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03180000 to 0.02930000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03180000) Ending of entry zone (0.02930000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.058700 TP7= @ 0.06990 TP8= Free
Long
by ForecastCity
3
There is a possibility for the beginning of an uptrend in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03180000 to 0.02930000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03180000) Ending of entry zone (0.02930000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.058700 TP7= @ 0.06990 TP8= Free
Long
by ForecastCity
4
A trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03182) Ending of entry zone (0.02924) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.063500 TP7= @ 0.088800 TP8= @ 0.109300 TP9= @ 0.129800 TP10= Free
Long
by ForecastCity
2
A trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03182) Ending of entry zone (0.02924) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.063500 TP7= @ 0.088800 TP8= @ 0.109300 TP9= @ 0.129800 TP10= Free
Long
by ForecastCity
4
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03182) Ending of entry zone (0.02924) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044297 TP5= @ 0.050730 TP6= @ 0.063500 TP7= @ 0.088800 TP8= @ 0.109300 TP9= @ 0.129800 TP10= @ 0.196200 TP11= Free
Long
by ForecastCity
4