Long term I am bullish on Bitcoin and Cryptocurrency. Short term, I think we are likely to see a rapid sell off to around $16.6k. When setting this trade up, I considered a way to lower the risk and increase the return. Rather than using leverage directly on Bitcoin , an asset with solid fundamentals and the safe haven in a cryptocurrency rout. I have taken...
Hello to the respected members of TradingView 🥇🎯 Ethereum Classic was able to break its 200 EMA to the upside again. Currently, the price of Ethereum Classic is hitting the ceiling and floor of the blue channel, and the price has also reacted a lot to the midline of the blue channel, so the blue channel has high credibility. If the price stabilizes above the...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ETCUSDT 1D Chart) 1st resistance: 40.76-43.40 2nd resistance: 47.10 1st support: 36.26, 2nd support: 30.50-32.78 The interval 36.26-47.10 is the interval that determines the trend. Therefore,...
ETC USDT We note that the currency on all frames is good and has broken the downtrend, so it may reach those goals
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (33.15). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (33.15). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
ETC is moving in a range, under the downtrend line. Volumes are down on the drop in price, but are showing interest in the rise in price. TD Sequential has formed a reversal signal up (1H TF) I expect the asset to react to the trend line, and will continue to rise after fixing above the lower boundary of the range.
Due to the continued decrease in the volume of transactions and the inability to build a higher high, if the $29 support fails, the price can continue to drop to the $24 level.
Hi friends, this time I'm testing the MA and Regresse passes, on the D chart it looks promising for an early fall. So short for at least 2-3 entries and a goal somewhere under 18
ETC appears to have broken out of the LT triangle correction, since this break out doesn't look impulsive yet I'm ruling it an ABC bearish move up which can hit $72 into Oct before another big sell off. If the C wave up leads into a786% correction of the ABC move then I'd rule that sell off as a wave 2 and the ABC would be a W1. Let's see
Another crypto trading idea from us today, with our focus on ETC and going long. The trading parameters are as below: Long ETCUSDT SL: 32.96 Targets: 34.4 - 34.74 - 35.33
Hi everyone. A Possible scenario is shown in the chart. Jul 30, Take-Profit: Jul 17:
Hi all. Earlier, the growth dynamics of ETC caused the price to soar more than 200%, which in turn formed a powerful upward momentum. At the moment the price continues to correct within the supposed local wave 4. I am closely watching the price and will be included in the trade, if further growth is confirmed.
ETC is nice candidate for long since: ⭐️ BTC has similar trendline ⭐️ Accumulation 3 days ⭐️ 4th approach ⭐️ Volume at bottom ⭐️ Stoplosses are close ⭐️ Retested important zone ⭐️ 40 ATR ⭐️ Over VWAP Will enter when price slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3,...
Hello Traders! ETC is moving within the downtrend. An aggressive upward movement started after news about miners switching to ETC mining from the ETH, after which the price received a reaction from the resistance level of $44.50. At the moment, the price is testing MA100 on the weekly timeframe. If the price downtrend continues, it will be interesting to...
Broke through the upside of the 200MA (4H TF) Price and RSI formed a bearish divergence (1H TF) I expect that the asset may go down, but after the test and fixation above the support level, ETC will continue to grow within the range.
ETC Long from $33, risk of about 4-5%. Stop loss and r multiples on the chart