All three 8.500, 8.000 and 7.700 targets have been accomplished after the violent push lower on 1D (RSI = 13.637) that even broke the 1W Falling Wedge formation (STOCHRSI= 0.000, Williams = -95.695). The price reached levels that we haven't seen since May 2017. Right now the monthly SMA100 calls for 3.4325 where MACD = 0.853 may support. Our long term shorting...
ETC / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
ETHEREUM CLASSIC / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
The 1D Channel Down (RSI = 30.854) is extending its decline on a standard bearish pace (Highs/Lows = -0.5356, B/BP = -1.0797), breaking the previous 9.040 Low. If this momentum is correctly capitalized, then the next Lower Low can extend towards 8.000. Even in the event of a break upwards, the 1W Falling Wedge (RSI = 35.465, Highs/Lows = -1.6694) exerts...
ETC is extending the 1D Channel Down (RSI = 43.222, MACD = -0.260, B/BP = -0.1666) and based on its neutral Highs/Lows = 0.0000, it has priced a Lower High. This technically suggests that a Lower Low is imminent and should be on one of our target levels: 8.500, 8.000 and 7.700. Even if it breaks upwards, the 1W Falling Wedge (Highs/Lows = -1.2380) should reject...
1. Good R:R 2. Histogram crossover=bullish 3. Ben Trend Indicator bullish
TP = 9.505 hit as ETC made a new Lower Low near 9.000 right before it jumped on a fundamental spike just above 11.000, trying the full width of the new 1D Channel Down (MACD = -0.469, Highs/Lows = -0.2671, B/BP = -0.4798). We are still within the 1W Fallling Wedge territory but much closer to its supporting trendline so a test of the 8.500 - 7.700 support array is...
Ethereum Classic is on a declining course on 1D (RSI = 41.548, MACD = -0.212, Highs/Lows = -0.0874, B/BP = -0.3829) with two Channel Down possibilities arising, one more aggressive than then other. If the price is rejected on the next 1D candle, then ETC will follow a more aggressive Channel Down that has the potential to cross even the support of the 1W Falling...
ETCUSD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
The price has been successfully contained below the 0.500 (12.200) Fibonacci level of the previous 14.285 (Lower) High, and as the 4H Rectangle is breaking lower (STOCH = 48.437, Highs/Lows = -0.1522), a new Channel Down is emerging on 1D (MACD = -0.229, B/BP = -0.2809). We remain short on ETCUSD and this should be the trail to hit our TP = 9.505.
The rebound towards 12.300 was delivered earlier than expected as 4H broke to the upside. On a 1W basis, ETCUSD remains within a Falling Wedge (MACD = -2.444, Highs/Lows = -1.7035, B/BP = -4.4350) but on a 1D basis, we expect sideways trading inside a 10.000 - 12.000 Rectangle (Williams = -48.571, CCI = -22.2787, Highs/Lows = 0.000). Once this consolidation...
ETCUSD is trading firmly within the 4H Channel Down (RSI = 42.146, MACD = -0.144, Highs/Lows = -0.0604, B/BP = -0.2995) and on its next Lower Low should hit our TP = 9.5050. This will be a Lower Lower for the commanding 1W bearish pattern (RSI = 38.303, oversold on STOCH, STOCHRSI, Williams), so a rebound is expected at 9.000 towards the 0.5000 Fibonacci at...
ETCUSD Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
After breaking the 1D Ascending Triangle (oversold STOCH = 19.801, STOCHRSI = 0.000, Williams = -95.573), ETCUSD has sharply decline forming an aggressive 4H Channel Down (RSI = 32.215, Highs/Lows = -0.5934). The price is now near our TP = 9.5050 and also the supporting ling of the 1W Falling Wedge, which is the commanding trend provider on the long term. Crossing...
The 1D Ascending Triangle on ETCUSD broke to the downside (MACD = -0.502, Highs/Lows = -0.9828, B/BP = -2.7253) as 1W (commanding bearish trend of the year/ RSI = 39.563, Highs/Lows = -1.9334) made a 0.500 Fibonacci Rejection as it has done on the previous two Lower High rejections. This emphatic rejection most likely indicates that this bearish reversal is...
Hey Everyone, The million dollar question right now is, will ETC and other ALTs follow BTC if it rises right now? We are starting to slowly see slight differences in the patterns over the past few months with ALTs declining and BTC increasing with both dominance and price. So if all the money pours into BTC where does that leave the ALTs? Not in a good position...
Technical analysis: . ETHEREUMCLASSIC/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . Price is in the support zone (14.0 to 12.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis: . ETHEREUMCLASSIC/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . Price is in the support zone (14.0 to 12.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...