Price look like ascending triangle — continuation pattern, i will take this high risky trade and sell on the levels shown on the chart. Risk below support zone use as SL.
I'd like to interpret it as weak. Here is my argumentation: -> Firstly, it is acting weaker than TOTAL index (orange line). Despite the overall bullishness in crypto-industry, ETC has been remaining flat over the last days or even weeks. -> These are SLKT bars. They aimed to attract buyers into pseudo-pump and kill SLs of sellers around psycho-number 13.0. The...
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Strong linear regression uptrend, great buy opportunity. Looking for a bounce off the middle trendline.
This one is looking pretty weak: clear bearish divergence on the RSI red volume testing the support line multiple times If it falls under the support line, it's more likely we turn bearish in the short term. Remember to set your sl and take profit targets, because this could quickly bounce closing with a hammer candle. Check out my other ideas. As usual this is...
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Hello everybody! Today I stumbled over the ETC/USD chart and saw this lovely Ascending Broadening Channel with an Ascending Channel Inside. It looks like an easy profit if the market continues upwards for a few days more as minimum. Bitcoin SV/USD just broke its formation strongly yesterday and it looks like DASH/USD could break its formation today. The...
I did not update this one on purpose, because of the noise we had with Bitcoin past weeks, i thought it was best to see this one as if it is moving independently from Bitcoin. But now, think best to take a look. Main reason is, past week it has been quite weak compared to the rest of the market. It moved perfectly inside that bull flag i had drawn back then,...
the trend lines are plotted. the predicted #ETC is to want to reach #ETH as soon as the halving is coming....
simple retracing and correction nothing to worry about.
Call it what you will but we didn't reach my $14 target and with the large selloff on 02/06/20, I just don't feel good holding ETC right now. Here's a 15 min chart, and the count is very confusing. Either we already completed wave 5 and this is the downturn, or we're still in a complex wave 4 but that just seems unlikely, because usually really complex...
Ascending Triangles are repeatable trading chart patterns. Ascending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
This is a breakout, BUT be careful as this does have somewhat of a pattern to fall back down into/below the pattern. The Yellow horizontal lines are weekly resistances. I am interested to see if this holds above $12 in the coming days and if it reaches around the $13.3 mark. As you probably know for every action there is a reaction and you should place your...
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Hi Guys. Keep in mind ETH is one of the safest Crypto because it already approved by US Authorities (SEC and CFTC) as a Commodity ! So I am not worried about some unexpected authorites statements which may happen for most of other cryptos such as XRP! I would prefer to sleep more relax, thats why I would prefer to invest on ETH. In the Other hand ETH 2.0 is on the...
The last time ETCUSD formed a symmetrical triangle it broke out to the upside and gave good profits. Don't trade until a breakout. Next resistance is the blue line on the chart.
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I'm still long ETC and this is just my personal opinion, but I think we've got some kind of complex correction here. I don't count a complete 5 of 5 yet, so I'm shooting for $14.