You should see if you can get support on the short-term uptrend line (2).
You should also see if you can rise above the long-term uptrend line (1).
Since the peak of convergence is reached, I think there is a high possibility of volatility.
The main point at the current location is 5.889.
I think it is a good idea...
Previously I published a post on Ethereum Classic where the ETC was forming a bullish Butterfly and as per prediction after completion the ETC produced more than 270% big gains.
Formation of another harmonic pattern:
This time on again 2 day chart the price...
First, sorry for a delayed TA, I needed to gather some thoughts, find time, and energy to put the gravity of Crypto for the last year of 2019.
So far this year have been one hell of a roll coaster. I have feeling that December, is just going to get just as wild.
First, we have a fractal on Dec 7th, so this Weekend, we can expect fireworks. I trully, hope this is...
Don;t have much time to write up today.
I believe the key here is the volumes in the H&S. This means we are close to the bottom.
The question is how are we going to go about this bottom.
I think, i presented my case.
Stay safe everyone.
April 2 - 3 is going to be a key, which means tomorrow lol
BLUE = Bear/Resistance
Yellow = Bull/...
Well friends, lets begin this month a little different.
Observation and a Warning of things to come:
In the age of Cyberpunk, - if you are not familiar with a term, google it up - we have variations of futures where we live in a high technology, but a world is screwed up. And most often than not it has 3 or 4 key components.
World War 3
According my drawing I see new interesting cycle for ETC. At the begin it must be sharp up.
I see nice space for ETC to attack first top10 again.
If You like my drawing Please also check UVU coin which need new investor which can help us and get out from that price action.
I believe that newcomers which make fresh moves on UVU can put it highest ever.
Hi people, welcome! What can move ETC price up or down next ?
Found ETC-USD in developing of Ascending Triangle (Flat Top)
Possible targets for this triangle in nearest strong support and target zones.
ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas....
Cryptocurrency market also crashed and didn't act as safe-heaven asset-class...
ETC lost more than 50% of it's value in March.
At the moment it's moving sideways in a triangle, accumulating longs?
EMA indicator is bullish.
Entering the market from around 5 price level with S/L below 4.5 and T/P above 7 provides decent R:R.
I would very much appreciate if...
ETC bounced off of a previous low of about $3.40 and is forming a triangle pattern. MACD and RSI show that it might break out. The 4-hour chart shows that RSI is around the middle and MACD is also converging.
Currently, I am looking for a sudden increase in volume and will hopefully take a long position if it breaks out.
ETC looks like it's growing.
smaller timeframes indicate growth priority.
Indicators for growth.
level 5.20 is pressed
Painting with long can change if Bitcoin pulls down, then the whole market will go after it.
Friends, thanks for your likes and comments!
Good luck with trading!
Analysis for ETC/USD (-- Different Time frames --)
Will the ETC Break off the Triangle?
- If The Break is Verified, Probably there will be a Nice Long Reaching the Nearest High Level, around The 7 Marker.
- If Stalled Longer than 5 Days, Most Probable we will see another Very Nice Short.
(-- Awaiting Verification --)
- These Forecasts are...
What a month a January was, wohoo! I hope you guys held, and sold at good profits :)
I was surely off on some of the fractals of the January, and the patterns was a lot stronger.
We did hit our expected FIB correction price.
No, so what is up with February: It comes down to if either 3-5 or 1-2 bull rally.
Depending on that we are going to have a few...
Expecting ETC to break out from an ascending channel. The area to watch is around 5.3 USD as it will be acting as a resistance. If it flips the area I see a great chance of hitting low 6. My target then can be seen on the graph.
Good luck trading!
Hit like if you agree with my idea. Comments are welcome.
This is not a financial advice.
Example of wedge symmetry, rising wedge turned falling wedge on the ETCUSD pair. The falling wedge begins wide at the top and contracts as it proceeds, eventually tightening to a point where it 'explodes' which can be seen. The rising wedge is the same except beginning wide at the bottom and tightening as it proceeds upwards, eventually leading to bearish...
ETC move broke down after it couldn't close above $13 resistance, targeted $7.66 and from here the move should be done bleeding.
Great entry is along $7.66 support level.
As always please do your own research, I am not a financial advisor.