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Currently in a long trade with first take profit around the 200 D, shown as the horizontal line in the chart, also coinciding with fib extension from the impulse. Also watching the 50 Week overhead at 5.7 area. Above this we have some blue skies. Will be paying attention to ETC going forward.
Since June, a downward wedge has been forming since the last high. Volatility decreases, the price is almost in the corner. We will see the denouement soon. I showed the area for observation on the chart. Long script . If the descending wedge is broken up, the entrance will be on a breakthrough or rollback after the breakthrough with confirmation of...
$ETC I'd cut longs here, bearish divs into HTF resistance; I'd look for a pullback into range POC (yellow).
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Ethereum Classic is at an all-time low and shows some strength. I would like to buy at re-testing daily support and have it as an intra-week play, probably swing play as well. You can setup up to three targets but remember as soon as possible lock your profits or move your stop loss at break-even (BE). Why do I like Ethereum Classic? - shows strength on...
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0.94 regression downtrend, there is no good entry until a shift in trend can be observed and Pearson's R value declines, as it is quite strong currently in this downtrend.
Definitely one of my favorite patterns. Great RR!!! God Speed, Mr. Manbearpig
Head and shoulders Have strong resistance zone Main zone for buy see at the chart Last ATL
Work on the ETC / USD coin. Coin in a downtrend. Downstream channel. Since June, a downward wedge has been forming since the last high. Volatility decreases, the price is almost in the corner. Soon the denouement of the situation. I showed the area for observation on the chart. Entrance to long or short only with confirmation of a breakthrough! Short script . As...
0.86 regression downtrend, a lot of accumulation can be seen in the past couple of weeks.
ETH is definitely at a make it or break it point. It will be very interesting to see how the crypto market reacts this next week. Let's see how low ETH and the other ALT coins can go.
Callisto has broken the last slope, due Bitcoin fall and the price meet a major solid trendline that track the triangle.. bouncing on it! The price is charging as a spring, compressing on the triangle, to have force to break the big resistance above. Usually uptrend triangle statistically breake the main resistance about at 2/3, so we are on the way.
Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based...
Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based...