Etcusdlong
ETCUSD has formed bullish Shark | Upto 384% big bullish movePreviously I published a post on Ethereum Classic where the ETC was forming a bullish Butterfly and as per prediction after completion the ETC produced more than 270% big gains.
Formation of another harmonic pattern:
This time on again 2 day chart the price action of Ethereum Classic has formed a bullish Shark pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $4.359 to $2.236
Sell between: $6.413 to $10.837
Stop Loss:
The potential reversal zone area which is up to $2.236 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for midterm and long term traders not a short term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
ETCBTC - Buy 24/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect the continuation of price growth of ETCUSD within the framework of wave (III) of (5).
Trade entry, take profit, stop loss levels are available to participants of the SAV Trading Room.
You will find more trading ideas in SAV Finance community.
ETC : Quick 50% Profit (Spot Trade)Hello Friend, back with another FULL TRADE.
If you are new to my posts, please hit like and give a follow if you find value. I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook.
--- FULL TRADE INFO ----
Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now or retest of triangle ceiling
Target Zone : $8 (confluence of weekly resistance + TD Sequential ceiling)
Stop Loss Type : Manual (Non Trailing given the volatility)
Stop loss zone: 1 Full body close below the triangle.
Market Sentiment : ETC would see multiple pump this season as the ETH adapts to ETH 2.0 with an ongoing debate of how this classic fork can help ETH with supplement the shift of algorithms. It's already completing the consolidation since quite few days and could blow off top soon.
--- END ---
Discussion : Given the BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential ETC which such high CT sentiment has high chance to play out.
Please hit the LIKE button friends for more such trades.
Do your own research. I only post trades I myself take. :) Enjoy. Will keep you gyz updated.
When to buy ETC if we get a pull backETC is getting into oversold territory. Check out this daily RSI, ridiculous. I don't think I would short it with this type of strength, but we definitely want to keep an eye on it if it comes crashing down. As of right now just above the $5 area is the zone to look for.
Happy trading and hodling.
-Sherem
ETCUSD forming bullish Butterfly | Upto 100% move expectedThe 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
Enjoy your profits and regards,
Atif Akbar (moon333)
ETC/USD around 500% from hereHello 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!
ETHEREUM CLASSIC REVERSAL IN SIGHT?Hey Everyone,
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 a direct break out now.
Fingers crossed for the second! Many of the ALTS right now are looking like they are just about to POP!
ARE YOU READY FOR IT???
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
ETC - if willn't touch stop-lossThe 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 level of 0.786 is touched, the losses will be minimal since the price does not move so far to the level, and taking into account the location of the nearest target, risk management is not justified. So far, I place the TP levels in accordance with the Fibo levels and a strong resistance zone . Most likely in the growth process there will still be a lot of adjustments regarding the TP, but for now I am inclined to follow this scenario. The nearest really strong event is scheduled for the end of this year. So we will look at the result closer to the winter holidays.
ETCUSD Bearish or Bullish ?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 show momentum ETC should touch MA on the daily chart.
3. Stochastic RSI is showing overbought on 4H chart and a little movement in the daily chart
4. Now we should look at the resistance 12.238$ and 13.668$
ETCUSD - W... X... Why...?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: Bullish (with a chance of deeper retracement )
Oscillators bias: Bullish ( points to a bounce soon (TM) )
Technical bias: Bullish (Potential truncation ending the correction, very clear 5 waves up , reaction on the 0.65 , sell volume declining )
Zoom out:
Zoom in:
Limited downside potential for Ethereum Classic (ETCUSD)?:4hr tfMy 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 of this post is consolidating just below the support region (also shown here also with horizontal red lines as in the previous post).
Price action from ~$25.32 on May 7 2018 to the time of this post has been updated and identified as a 3 wave zigzag Elliott wave structure. Target area for the termination of the structure is indicated on the chart (~$14.51 and $13.67).
Point of invalidation (POI) for the current scenario is a price close above ~$18.23 at which point wave (iv) would have overlapped wave (ii) for the current minute wave ((c)) position.