The price action of Ethereum Classic / US Dollar is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 4.027 to 3.378
Sell between: 5.025 to 6.767
There's just no way ETC/Ethereum Classic shouldn't start its fresh new profitable Successor! Now if you will notice most of my recent ideas are quite the same with all the elliott wave being in the wxyz analysis. Showing that ive been waiting for this time to post all of this when their Successor is finally coming
TP1-2 & stop loss listed on the two green horizontals and the red horizontal, respectively.
Cup & Handle formation signals window for a nice short. Not too late to buy entry before FOMO!
Stop @ $6.189
What a beautiful day for both NYSE && CoinMarketCap =]
Not financial advise.
ETC - Ethereum Classis forecast
Frame: 1D/ 4H stop downtrend and there is minor uptrend.
Short time: minor upward follow market recovery minor, refer zone BUY and SELL
4.50 ~ 4.65
STOP LOSS: under 4.3
ETC - Ethereum Classis basis Information:
Ethereum Classic is the original Ethereum blockchain...
As seen on the 1D timeframe the recent recent green candles haven't really had any volume to them. This is more evident on the smaller timeframes.
Furthermore, given the position of RSI and Stoch RSI, I estimate the price to hover between $3.65 - 4.0 before make the move down to around ~ $2.8
After that drop, its an easy long for around 100%
Hello guys, i am continue to analyze the market, because now there are excellent opportunities for long positions.
We all know, that every bullish season of altcoins and bitcoin update their highs, ETC is no exception, the logarithmic chart shows me about the same prices.
ITS NOT financial advice!
ETCUSD : round hole, many times have seen this accumulation process
recently and than BOOM ! Also I must assume that ETC has the resistance figure of this pump idea - the bearish blue flag or the pennant. So, make a decision.
The most stable coin at the moment of the strongest fluctuation of Bitcoin -0.26% -0.63% , at the moment, like them, the other altcoins have actually fallen to their bottom. Based on the possible Fibo levels, we can assume that the price is now located directly at its stop-loss zone and you can enter into a Long trade when you start moving up. In general, if the...
Hello Guys! this the chart of ETCUSD 4H.
Points to monitor -
1. on the 4 Hour Chart conversion line crossed up base line below the cloud this is sign that market is recovering and you should close your short position. On the daily chart conversion line is still below the base line.
2. on the daily chart moving averages are little away from price, if indicator...
An update to the previous post on Ethereum classic is given below with commentary provided based on the numbers marked on the chart.
(1) Bullish price channel (also shown in the previous post) in pink dotted lines had a false breakout to the downside on July 24, 2018 with price returning back inside the channel. A second attempt at breaking the channel to the...
The Daily tf chart of Ethereum classic (ETCUSD) is shown in this analysis with chart patterns annotated and discussed below in an ascending order:
(1) Major trendline in Ethereum classic since inception that is still currently active with the most recent pivot used to draw the trendline being price close of ~$12.54 on June 11, 2018. A break of this trendline to...