ETCUSD - Two Ascending Triangles. Need more time, because both options are possible. Let's see
The price bounced off from the support formed by MA50. If it would had dropped through MA50 it would had given confirmation of trend reversal. RSI is confirming Bullish Hidden Divergence. Notice how RSI is making lower lows and the price is making higher low. This is indicating continuation of an upward trend. Buy orders should be set around 18.6 level close to...
Elliot wave theory says wave 5 is the same as wave 1 move, so that puts ETC topping out at $25. I didn't get in this trade, so I'm late to the party! Uggghhhh
ETC moving in rising channel. Now it brokeout local r-resist. and si locating above all MA's. So, following the trend. Use Supply zone as target (20.5$-21.5$)
A couple of days ago, I posted a negative view on the outlook of ETCUSD. I mentioned that it needs to close above the trendline decisively to continue the bullish climb. It appears that today's jump accomplished just that. It however remains to see whether ETC can remain at this level and consolidate. As common in this market, there's a lot of FOMO that pushes...
In this chart we analyze the relationship between $ETH and $ETC pairs, and the timing of fundamental events to come, which bode well for a repeat of last year's events. Cheers, Ivan Labrie.
The sleeping whale will soon rise and everybody will be watching it rise. So better get on the ride and get your positions set. we see this to reach a level in a year , where no one would have expected for short term hold till A And if you are holding for long term just expect it to grow to a great level. Happy Trading:)
Tightened bollinger bands with bullish bias. Long above 19, take profit at 22, 24.
ETC could have still more potential. ETC is the only alternative to ETH. In the meantime, we have seen briefly 21 USD. We are currently at a decision point. I have developed three trend scenarios for this. For long target: 25 USD and more For short to buy some more: 14.5 USD / 12 USD Let's see what happens. Happy trading. :-) See also:
As the chart shows, ETCUSD may be breaking the upward trend line and head for mid-term reversal. This needs to be confirmed if it fails to close above the trend line in the coming days. The mid-term resistance level has not been successfully broken. There are also bearish divergences (see chart). Combined with the general market context where ETHUSD is getting...
This trade is long term trade. Symmetrical triangle is about to break upward. Two sell targets set. Ethereum Classic Annual Summit november 13th. // Constructive feedback and comments are welcome! I'll keep updating!
The price bounced from the support zone formed by SMA100 and 17.50 support level. RSI confirmed price reversal. MACD histogram supports upward movement. ADX line is going to reverse and it tells us that bears are not so strong now for pushing the price lower. We can join to possible upward movement using buy orders. Entry level is 18.30 with stop at 17.00 level....
etc is breaking out from triangle and in few days if volume support us we ll se 20 and above otherwise without volume it ll be called fake break out lets see, watch carefully
We are in a bullish market in cryptos but some of them are already starting to show some signals of an overbought market as it is the case for ETC. So I think that there will be room for a retracement on ETC before it continues going up. Here is my Idea, as $20 is a rounded number we can start to consider it as the Resistance zone but there's a previous High...
After the substantial bull run until 19 dollars, ETC has been consolidating in a triangle pattern. BB are compressing and an imminent move is probable. PPO is showing hidden bullish divergence. MACD is nearing a bull cross. CCI has bounced bullish. Eventual targets: - Long trade +15% - Short trade -12% (support is at the 15 dollars area) Trade safe.