October surely was a fate defining moment for - CHINA.
China finally realized that the way to truly win the global war against the USA, if it comes to it, is to dethrone Dollar. Something Russia has been actively doing since the sanctions have been placed on it, after the Ukraine debacle.
Nothing threatens the dollar more than creation and affirmation of a...
This is a short then long position flip that is playing off the third wave down and then on the fourth wave back up. The yellow trend lines show the possible pathway.
Entry : 4.785
Stop loss : 4.940
Target : 4.540
ESperamos un proximo mercado verde en las proximas semanas si esto sucede, es mas probable para que este escenario sucede, dando un beneficio al rededor de un 80% a 100% el riesgo de la operacion es definicion propia luego de ser colocado por debajo del nivel inferior o soporte marcado en este chart.
The price action of Ethereum Classic / US Dollar is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 4.027 to 3.378
Sell between: 5.025 to 6.767
I hope you were entertained in September, because OCTOBER appears to be one of those WTF Months.
The reality is we are back in the face of continued bear, that and if true, will be in for some pain.
However, after late drop, we observe a formation of a CHANNEL and possible A-E formation with a new SUPPORT leg at these prices.
As you can see, in this juncture...
Elliott wave + triangle
Ethereum Classic address-to-address messaging system release. Messaging system represents a smart-contract basic on-chain communication service wich allows to contact any other participant of the network absolutely securely.
The Messaging System allows crosschain interoperability, which means that you can send message from ETC chain to the...
It is important for the ETC to rise above the 5.889 point.
Prices are moving along the uptrend line and out of the downtrend line.
The MACD is near point 0 and the RSI is near 50.
If the price stays above the uptrend line, it will likely challenge the 5.889 point.
ETC believes that below 5.889 is a long-term investment area.
ETC will republish if it rises above 5.889.
It is barely on the basic upward trend line.
It is also trying to overcome the downward trend line.
The inflection date should rise around Nov 6 and rise above 50MA and rise before and after inflection.
"Upward divergence" is moving towards an increasingly divergent position and is expected to diverge soon.
If the ascending force is good, I would touch...
What a fascinating chart!! Wow, look at that!
Are we seeing a doubles here?
H&S on both Fractals. Both hit exact same patterns, with some variations based on price escalation.
Now, does this mean we going to crash lower to 2.618. Maybe. First, we are going to fight over the 1.618 price.
This does mean if global conditions change, then we could have a...
I think the current situation of ETC is a little bad.
It fell below "Trend line started in December 2016."
As the most basic trend line in the upward trend of ETC, we should climb above the trend line as soon as possible.
In addition, we hope to maintain the price above the 5.889 point and to strengthen the next bull market.