Using the Gann tool we can plot down trends and uptrends
Plotting both, it gives a support point for price, and also a resistance point
I expect a bounce off the support from the downtrend Gann line at some point
This bounce will hit the resistance Gann line (in red)
A large up channel can also be plotted if you place this up move (dotted line)
The indicator is...
ETCBTC holds its RSI support. Also, you can easily see that it has broken its RSI descending channel.
From the MACD point of view, it has a hidden divergence, as shown in the chart.
From an overall perspective, it is a golden time to buy ETC!!
The target points are indicated in the charts.
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Ethereum Classic Price (ETC)
$43.35
0.001342 BTC1.98%
0.02143 ETH0.30%
Ethereum Classic is a decentralized computing platform that executes smart contracts. Applications are ran exactly as programmed without the possibility of censorship, downtime, or third-party interference.
Ethereum Classic is a distributed network consisting of a blockchain ledger, native cryptocurrency (ETC) and robust ecosystem of on-chain applications and...
Hi followers,
BINANCE:ETCBTC showing first positive signs for a reversal.
After buyers stepped in on a demand zone, the price formed the first higher low since the large pullback began on may 2021.
If we break the big down trendline, there is more upside.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬...
After breakout of trend line and pullback, we can go long on this pair.
Don't forget to move your stop loss up when you are in profit.
Follow me for more TS.
Cheers :)
". There is a possibility of temporary retracement to the suggested support line (0.00143).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is...
". There is a possibility of temporary retracement to the suggested support line (0.00143).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is...
The setup on 4h TF was at the price of 0.0013573
The trade slowly went forward and our 12h TF setup was activated. We are using multiple time frames to determine our entrys, so we moved to 12h TF and now following the trade on the 12h TF. The trade was updated, we had our TP at 0.0015720
The trade went our way and hit TP for a nice +16% profit!!!
Trade closed,...
In one day timeframe when the MACD was positive after a range market in the past, we faced a price increase. A similar scenario is happening now and one more thing! Price crossing bearish trendline. According to the BTC.D, BTCUSD, TOTAL and ETCBTC charts I think this is a opportunity to BUY ETC. I use HODL Strategy but if you are a day trader you can use...
Ethereum Classic has broken a 90-day downtrend pair of bitcoin and is ready to move higher. Its resistances and goals are plotted in the diagram.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
Hi friends, hope you are well and welcome to the new update on Ethereum Classic (ETC).
More than 1300% huge rally:
On 21st March I shared an idea when the price action of Ethereum classic completed the formation of a bullish BAT against the Bitcoin and entered in the potential reversal zone of this harmonic bullish reversal pattern. Finally, the priceline...
Hi friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with BTC pair.
Previously we had a nice trade of ETC with BTC pair:
Now the weekly time frame chart, the price action has formed the final leg of the bullish Gartley...
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