ETC looks very weak after its pump and to me there's noting to expect, however there's a good chance to visit $55 - $59 at least before squeezing down the support line.
I expect it to go below current support, and on its retest, complete 'W' pattern with massive fall down to $13.
Hello friends,
A Possible scenario is shown in the chart. As you know, this pattern is a Pennant (See attached Idea). It's taken me a little time to discover whether the pattern is a real pattern or a disguise, Now I know it's true.
ETC (4h)-Technical section:
RSI *** 53.73
DMI is Neutral
Oscillators:
Moving Average...
Crypto assets are very risky. It is not investment advice.
We are not little players. We are not afraid. We will turn on the light for Altcoins in turn.
This is an Ethereum signal. Ready.
Ethereum Prime Signal.
new corona cases and deaths, closures are predicted to lock people into homes, fund managers and miners in the market continue to collect bitcoins....
Hey awesome person!
Seems like this little ETC will come the the new ATH, if this accumulation gain enough strength!
Current price support at $50-46 zone. I think to have additional entry there.
Initial target within the range of 75-60, with rebuy at 58-55.
Mid term target will be at 80-ish up to 110.
Long term holding up to 200-400 by the end of 2021, early...
Hello friends,
A Possible scenario is shown in the chart.
The pennant pattern is one that you often see right next to the bull flag pattern in the books. In the technical analysis, a pennant is a type of continuation pattern.
As you know, For a bullish trend, a break above resistance signals that the previous advance has resumed. The length of the pole can be...
Ethereum Classic broke through an important key level of $46.8. A lot of liquidations took place because of this drop. At the bottom, we can see that the volume has increased, which is a signal of large liquidations. This is a good signal, liquidations are fuel for continued growth.
In case of a false breakout of the 46.8 and 42.15 levels, there might be a good...
Hello dear traders.
Good day .
ETCUSDT passed major WEEKLY Gann Arc resistance by time pass .
Several time is rejected from Gann trend line resistance and now is time for bull run .
What we expect is that ETC will test weekly Gann Box 0.25 Fib Level resistance.
Thanks for your comments & support.
Good luck
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
When looking at this chart above, a comparison can be made between the two charts, the first bullflag observed is the cross through 2.618
The second bullflag will be the cross through 3.618
Bullish continuation is most likely
Good buy based on TA
Hello friends.
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Everything on the chart.
open pos: market and lower
target: 62 - 72 - 88
after first target reached move ur stop to breakeven
stop: ~under 43 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.53).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
