What do you think about Ethereum Classic? From my point of view, it is not so interesting as Ethereum, but for swing trading, it can be used as a part of the trading portfolio. The price reached the resistance zone formed by 7.50USD and 8.00USD levels. It is possible to use a breakout above this resistance zone, but I think a pullback with the further reversal...
Everything is on chart. Forming a nice 1H Inverse Head and Shoulders. Ether is pumping so I think ETC should follow. Tight Stop. Entry: 7.38 Exit: 7.74 SL: 7.23 Good Luck!
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$ETC / #USD Doesn't want to be left behind & is trying to catch up w/ #ETH Currently retesting ~7$ level (potential 12H R/S flip) & increasing volume Also UCTS indicator is showing a buy signal on multiple timeframes Continuation should allow ~8.5/10$ as targets #ETC
El FTX:ETCPERP ha sido una de esas monedas que ha reaccionado de manera muy positiva a la alza repentina del BTC, consiguiendo por fin romper la gran resistencia del MA200 en la gráfica diaria. Es una moneda que ha estado durmiendo por mucho tiempo, y ahora que el ETH y el BTC se estan reanimando sin duda el ETC puede lograr tambien. Entrada: 7.2085 Objetivo 1:...
A symmetrical triangle is formed. The base of the triangle is over 200%. The price is shrinking. I marked the observation area. Target levels are similarly shown on the chart. A local upward trend is developing. The secondary and main trend are downtrends. If the triangle is broken down, a double bottom will form. I marked the zones of price levels. Remember the...
ETC Breakout Ethereum Classic ETCUSD ETCBTC ETCUSDT
ETC broke out of its triangle formation. This looks ready to rip! I will enter on a retest if we get it otherwise no regrets. Targets, Resistance and SL on chart. Take profits at: $7.57 and $8.14
Price is supported by MA200 we can expect some profits if price settles above that. Even with current position we can expect some profits.
All necessary Levels Are on the chart . Remember only Open Position After a Candle on Lower Time Frame close above 6.186$. Good Luck!
H4 On D1, the cloud is directing upward, indicating an uptrend. You can visually see how the triangle price correction model is forming. Conclusion: We recommend selling from the upper line of the triangle pattern when the RSI reaches the overbought level again. Also, we recommend to close sell and open buy when the price reaches the range of $5,8 - $5,5, and the...