We are en route to my Buy Zone (green box) before a retrace to my Sell Zone (red box). Feel free to short from here. Keep your margin small and trade safe! Have fun guys!
4hr chart indicating a trend reversal could become more evident as the price slips further under the 50sma. As always trade smart & use sl's & tp's to ensure risk is managed properly.
Was checking out ETHBTC on poloniex from a larger perspective as it is currently sitting at all time highs. s3.amazonaws.com Including Ethereum classic... I think there could be some sort of monster rally ahead. Assuming that the flag holds, you can long here with tight stop loss. Limited risk. finally the bids on etc in bitfinex's book is as thick as...
This coin POLONIEX:ETCBTC has a complicated story and not simple future either...
Looks like an opportunity is presenting itself for us to buy ETC at a discount price. I am looking somewhere 2.05 to 2.10.
Watching for a massive for after this insane move. It looks way overextended, $2.20's look like a good reversal area. Managing risk with a SL & TP in logical areas. Hope everyone finds use to this idea, I swear I can already see the pull back down below 1.69
ETC will break the ~180k resistance very soon, it's just the first green leg up. If you buy under 2USD it's a good long term investment and the risk reward proportion is very well in my opinion. Ethereum Classic is a project to keep the original censorship-resistant, immutable, decentralized Ethereum Here is the new website of the ETC...
At the bottom of a clean ascending canal, one can only be tempted to go long, especially considering that 0.618 were reached, which indicates profits were taken. The presence of a Shoulder-Head-Shoulder, might result on a severe breakout though. The strategy would be to go long and stop loss at breakout, and possibly go short. Good fortune :)
I expect a big correction to materialize somewhere between now and early next week. If we get an ATH double top, then we should see a sharp dive to the lower 1.40s (purple range). Otherwise, we might land somewhere between lower 1.30s and upper 1.20s (teal range). I recommend that we setup our Buy orders at these two ranges highligted in my chart. Good luck trading!
I'm still new to drawing those kind of patterns, so correct me if I'm wrong, thanks in advance :) But yeah that could be a scenario.
With the recent important news of Bitcoin touching gold, that might quite be a relevant long scenario at term. Watching for upward breakout.
I have not seen this kind of price action and volumes since the rain man days of late 2013. Full breakouts and so many of them after nearly a year+ of consolidation and accumulation. This is a huge event and I hope to take advantage of it. Best of luck friends Polo Margin BTS - Just one of the few winners on Polo right now. This one seems unique because it is...
ETC is much better than ETH. Immutable blockchain. China backs it up over ETH. More good news incoming. Stop loss is the cloud.
(ETH+ETC) perhaps could be described as "the real ethereum price" (?)
Well, all details as usual at chart. We have potential double bottom, bullish divergence, breakout of falling wedge (with 2 versions of lower low). 1st and a little shy target should be around 0.5-0.618 fibo, a little above 1h Ichi Cloud and near higher line of 1h BBands. If ETC will break 1.0 fibo, it can to 2nd target, which can be around 280-290k area. Oh, the...