first purchase installment in the blue zone, second purchase installment in the red zone, tendentially the ETC may still go to the weekly trendline
as there is a lot of interest in the return of ethereum classic after eth passes to POS the ETC may not pass the blue zone
Whales and institutions change the whole scenario by using trader behaviors and they know everything better than us.
The worst part is that every time it looks like the crypto market is recovering some sort of fud manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the...
current price hit resistance @ +/- 65EUR and bounced off
SMA 50 / EMA 21 crossed in the 1H interval, price action hitting the EMA 21 from underneath
2H / 4H: hammer and indecision patterns
indecision candle stick pattern
1) sideways action, before moving higher (move closely...
We have resistance at 65-67eur .
if we can't go up, then we have to go down first and then to go up ..
It is just an idea for a short-term for better purchase around 50eur.
Good luck to everyone with the trade.
As we see, ETC/EUR follows a clear pattern, it goes up a whole euro, sits around the 10-15 cents area, then people take profits to let it dip to the yellow line, I'll sell in the blue areas, and try to catch the dip @ the yellow line, which I think it will dip to everytime, if you have any questions, feel free to ask me, but I'm also a bit new to this, so don't...
when you didn't saw my first TA, please watch that one first.
as you can see, when ETC hitted 0.5 level it bounced up. so The first part is 100% correct.
for the second partNO worries! ETC is still going to the 8,-. I have analysed the MACD Indicator, and it showed me that the small dip in an uptrend is 100% normal on ETC. i found 5 examples from now to Oktober....
Looking at the chart now and how it behaved prior to the 2017 boom, you'll find a lot of similarities. If ETC does follow it's previous path, we can expect a significant upwards movement in the coming days (probably around May 21-25).
Best-case scenario = 16 EUR
Semi-best case scenario = around 13 EUR
Worst-case scenario = 9-10 EUR
RSI , MACD & Fab all show...