ESperamos un proximo mercado verde en las proximas semanas si esto sucede, es mas probable para que este escenario sucede, dando un beneficio al rededor de un 80% a 100% el riesgo de la operacion es definicion propia luego de ser colocado por debajo del nivel inferior o soporte marcado en este chart.
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
The updates are coming as the reversals look like they are in sight... on many charts we are seeing double bottom patterns, or wedges in the final stages like we see here on ETC.
There are two scenarios I am seeing right at this moment one where ETC could still hit the top resistance on the wedge bounce down and then try again, or the second being...
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!
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...
ETC has a similar structure with all other majors (usd pairs) after the bounce.
There is one difference though, its previous price action its way more different and there is a chance that it has completed the correction from ATH.
Currently channeling on a double zigzag combo which may even turn into a triple one depending on Bitcoin direction.
Short term bias:...
Credit to Glitch420 for the idea to take a closer look at ETC. What I found when I did has made me quite excited about it.
ETC got an initial breakout alongside other alts at the April bottom but then cratered in May, giving back all of its gains. In the middle of May however, Accum/Dist. started diverging substantially and longs stopped closing. Then, in the...
My previous post for Ethereum Classic (ETCUSD) can be found here:
It was mentioned in the previous post that Ethereum Classic (ETCUSD) was expected to continue selling off and likely target support as indicated in the previous post. Ethereum Classic (ETCUSD) at the time...
My previous post for Ethereum classic can be found here.
It was mentioned in the post that that a deep retracement was possible for Ethereum classic (ETCUSD) before the resumption of a sustainable uptrend. That is what Ethereum classic is working on currently as...