Ethereum Classic levels on the 1-day chart: I'm posting this as a long from a much better entry price so be careful about a new entry price. ETC printed a big volume candle on Wednesday with price action going up with it, followed by a pullback yesterday. Now, pi RSI is at the top with BBMC set to VWMA13 expanding up since Wednesday. Probability wise, it'd be...
On the 2h ETCUSD chart, we see that the price of ETC is reacting after breaking through the 18.x resistance area.
Before that, the price after breaking through the downtrend line at 15.x area accumulated and had a very good bullish phase.
The price needs to accumulate strength to break through to the 23.x range to confirm the position of the uptrend...
We have a situation here similar to what we saw with Cardano.
Ethereum Classic hit a lower low when we look at the candles wick in June 2023 vs June 2022 but a higher low when we look at the candle close.
The candle close is many times more important/relevant when it comes to TA.
A higher high is more valid than a lower low, in this case but we consider...
Love the formation of the double bottom, and the current pullback on ETCUSDT. It provides a good RR opportunity for the long-term hold. However, the first resistance at 50% Fibs must be taken out for the uptrend to start.
A fractal from bitcoins post 2017 bear run
I noticed the similar downward bear period leading to this ultimatum of a large drop
This drop on BTC occurred at December 2018
The horizontal line is a very strong support
Volume is one of the strongest indicator and can help you clear any doubts.
Ethereum Classic (ETCUSD) hit a higher low compared to June (5 months ago) but how to know if it will recover here or continue lower?
Here we use the volume indicator.
Notice how trading volume continues to diminish, it goes lower and lower.
That's your signal.
It means the current...
ETCUSD Bullish Flag on 1h Timeframe
As we can see that there is bull flag formation and there is no divergence on RSI then there is a strong possibility that the bullish trend will continue.
Going to start to scale in here. I was self educating back in 2018, about sept. Needless to say as a new trader i thought I could just scalp up and make
a fortune, LOL, after my 4th year now I know what to do!!! Just buy it and leave it alone. Thats it and that's all. If you are new and reading this please save yourself
a few years of tuition and buy it and walk...
ETCUSD is making a series of HHs and HLs aligned with the concept of DOW THEORY and I believe this chart will continue its bullish trend and generate decent profits for me. Additionally, bullish candlestick patterns such as Bullish Inside bar Candles and Three White Soldiers are forming after the recent HH showing buyers/bulls are currently in control of the...
- monthly dragonfly doji is a very strong sign
- while it is unclear if this is a macro or a market cycle bottom it is likely ETC reaches at least 40$ in the mid-term
Doesn't take a rocket scientist to see where this one is headed. Bounce off the bottom to the top, again, and again.
Not advice, but just pointing out the obvious.
Don't forget, all forms of money through all time, was made for everyone, not only the people who sought to understand it and control you with it.
Hi Traders
ETCUSD (1H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 20.38 resistance level. Only the downward break of 18.72 would cancel the bullish scenario.
Trade details
Entry: 20.38
Stop loss: 18.72
Take profit 1: 21.40
Take profit 2: 23.06
Score: 8
Strategy: Bullish breakout
Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%.
We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto...
![ETCUSD: ETCUSD [3h] On the right track push forward](https://s3.tradingview.com/z/Zp1zkhQZ_mid.png "ETCUSD [3h] On the right track push forward")
