ETC seem trading in triangle pattern and seems to be breaking out on Daily TF.
RSI seems to be breaking out on Daily TF as well.
MACD is rising
SBS Indicator signaled BUY
BUY at the breakout
SL and Targets are on the chart
Target 1 is more of a scalping target. target 2 is mid term as ETC is a slow trade.
ETC/BTC (Ethereum Classic)
Forming Falling Wedge Pattern in Monthly Chart & Holding the Support Since July 2019..
Now Need Some Strong Volume For Bounce back & Wedge Breakout..
If You're Longterm Investor/Trader or ETC Believer then It's a Golden Opportunity to Grab it at Bottom..
Support & Resistance Levels Are Mentioned in Chart..!!
Please, give us your...
In addition to the graphs, I use a unique combination of indicators that I have made myself.etc is in very bad shape.Besides having a terrible dump.I think very possible to drop the price to at least 0.00045 btc
Good phase of accumulation, but BINANCE:BTCUSDT is thinking about some dangerous moves, so we're short short-term. Currently below ichimoku but trying to form golden cross (50ma-200ma), which was negated twice. Ao made a first higher low, stochastic (14,3,3) stating a wedge which can only break up from oversold where we'll get in a while. Also facing a change in...
Chart ETCBTC BINANCE 1D BB RSI MACD
Advised Buy Levels
TP: 0.0005843 > 0.0006290 > 0.0006760
ETC has been on down trend though on the daily charts we can see some support holding at this range.
We advice if your are looking to trade ETC to look on the longer timeframe for this movement to come into play, while...
(Applying NEWLY LEARNED CONCEPTS open to cons. criticism)
Just swept equal lows, may retrace once, twice or none at all but aiming for equal highs and entering based on filling in imbalances of the market.
Strictly sticking to 2% RISK, 5%+ rewards.
Initial entry will be a twin trade, for every 10 pips will move 2 pips or at previous swing lows.
Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. Crypto has a high risk/high reward ratio and moves faster than traditional markets. Only bet what you can afford to lose.
ETC has been trading sideways since end of June.
There's seems to be a double bottom that has formed on the support level.
We can see a...
ETCBTC Buy position. If ECT maintain position above triangle line after line conformation, we will enter in buy positions. IF the market fails the to confirm and move up again from the triangle we will enter in margin shorts.
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Price recovering from ATL BTC values at ~50k sats, Crossing over resistance level at ~55k sats with increasing volume & UCTS Buy signal on daily chart..
Looking for a flip here over the following hours/days as potential entry
Targeting ~62K sats
Managing my stop losses, take profits and trades over 3commas platform for Binance has been a great...
Completed Bat Pattern. Price action is accumulating 1.618 BC so we will see a break above this level soon. Do keep in mind the movement of the bitcoin as bitcoin makes big moves this analysis might fail.
Targets : 6203 | 6463 | 6707
StopLoss : Below 4800