I show you the best buy zone above the Support/Resistance Zone.
If BTC will rise more we should pay attention to such levels.
Potential profit will be 3 times bigger than the risk.
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Hi everyone. I was searching for possible altcoin that i can invest and i saw that. I think it can go 3x with that price. Count on chart.
More than 14 R:R which is insane.
You SHOULD see what i did on LINK :
and also you SHOULD see how i call altparty before anyone else...
Worth keeping an eye on this asset as its testing upper trendline of a potential falling wedge...
Volume curving up as UCTS is turning bullish on the 1D & lower timeframes..
As potential target, ~75k/85k/97k sats
FA: Ethereum Classic is a decentralized Proof Of Work coin and you can earn mining, but it will be a hybrid POW/POS (Proof Of Stake) system after ETH 2.0!
TA: ETC is on historic support, it should react with a bounce after that break-out confirmation of the wedge and go for mid-line channel at least.
Current Price= 0.0006671
Buy Entry= 0.0006606 - 0.0006263
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred.
I hope others find it useful.
Source Used: Thanks Crypto Cred!!
“BUY the rumor, sell the news!”
An expression tracing back to the inception of wall st and institutional investing — and as far as rumor / news goes: ethereum classic seems to be in the spotlight today .
First a little background:
‘Ethereum and Ethereum Classic split ways in 2016 following the exploitation of a vulnerability in The DAO’s smart contract...
Huge potential upside on ETC/BTC is here. The coin has been testing the horizontal support zone for quite a while. It has also broken the downtrend line and resting it. Given the whole market is pumping right now, its hard to say ETC isn't going to have its turn.
Note: If you like the content and the setup, please give me a follow not to miss out on many...
ETC is going to retrace back after being rejected from weekly level on 1st test at 7252.
The candles followed three levels. ( Middle Trend Line, Bottom Trend Line and Monthly Horizontal Level).
The middle trend line acted as resistance throughout the downward trend, where as bottom trend line as well as at times monthly level acted as a support.
We can call...
#ETCBTC (2x gem )
Sustain above 6500 area this coin can give us nice profit in upcoming weeks with uptrend
DYOR before buying any coin
Looking for breakout of trendline Resistance
Chart made by t.me
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...