Based on the flat Gaussian channel (green) price will likely continue upwards allowing the channel to curve up Breakout was big, continuation could be greater
Identifying trend lines from price history Building from there imo ETH classic is undervalued and should follow ETH a bit tighter these are just my thoughts however so take them with a grain of salt
Rally and retracement: After a powerful rally, now the price action of the ETC coin has been retraced between 0.618 to 0.786 Fibonacci level, in the meanwhile it is also testing daily EMA 21 as support. Monthly EMAs: On the long-term monthly time period chart, the priceline is moving below EMA 10 and 21. We need a cross over between these two EMAs for a...
It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it. The previous idea worked out quite interestingly: At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months. Then we had a...
Descending scallop on ETH classic This is a bullish reversal pattern Close to fib transition level which should invoke some volatility
Price is currently supported by the Fibonacci spiral, which is a descending scallop Price is also currently entering a new fib ring, this should cause some volatility
TOTAL2 and ETH classic have both formed ascending scallop formations These are bullish continuation patterns A pullback can be seen if you look closely ETH classic supported by 200MA TOTAL2 loos ready to breakout My other analysis on TOTAL And another
Previously 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...
Dragonfly doji,'is a type of candlestick pattern that can signal a potential reversal in price based on previous price action'.
Sxc looking Fibonacci lines, sitting above grey line. Movement upward likely.
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.
0.86 regression downtrend, a lot of accumulation can be seen in the past couple of weeks.
After successful formation of gartley pattern the price action of Ethereum Classic / US Dollar is forming another gartley 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: 6.213 to...
ETC, although a good asset to hold for long term, has broken medium term parabolic curve which means if you're short term trader it's time to exit
The triangle is more bullish that bearish Like rising bottoms
I had posted my primary count for Ethereum classic on the weekly frame earlier, which had it doing a big WXYXZ down. I'm still holding onto that count but then this wedge breakout has me thinking otherwise. Impulsive indications from this descending wedge breakout is telling us that this might be start of an impulse up afterall. but nothing is for sure. we'll...