Hello friends,
A Possible scenario is shown in the chart.
The pennant pattern is one that you often see right next to the bull flag pattern in the books. In the technical analysis, a pennant is a type of continuation pattern.
As you know, For a bullish trend, a break above resistance signals that the previous advance has resumed. The length of the pole can be...
Ethereum Classic broke through an important key level of $46.8. A lot of liquidations took place because of this drop. At the bottom, we can see that the volume has increased, which is a signal of large liquidations. This is a good signal, liquidations are fuel for continued growth.
In case of a false breakout of the 46.8 and 42.15 levels, there might be a good...
Hello dear traders.
Good day .
ETCUSDT passed major WEEKLY Gann Arc resistance by time pass .
Several time is rejected from Gann trend line resistance and now is time for bull run .
What we expect is that ETC will test weekly Gann Box 0.25 Fib Level resistance.
Thanks for your comments & support.
Good luck
Hey awesome person!
Seems like this little ETC will come the the new ATH, if this accumulation gain enough strength!
Current price support at $50-46 zone. I think to have additional entry there.
Initial target within the range of 75-60, with rebuy at 58-55.
Mid term target will be at 80-ish up to 110.
Long term holding up to 200-400 by the end of 2021, early...
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Everything on the chart.
open pos: market and lower
target: 62 - 72 - 88
after first target reached move ur stop to breakeven
stop: ~under 43 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if...
The Cock and Ball formation (not to be confused with Monkey balls theory) is a classic and easy to recognize pattern commonly used in forex, crypto and stocks. It consists of two overly sized spherical shapes (this pattern is confirmed if you can find candles that make them look hairy or unshaven.) followed by a massive ejaculation tract into the upwards...
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We have price currently in a symmetrical triangle after it broke out of the falling wedge.
After the next breakout, I expect price to either go long by 133% to $133 or short by 40% to $33.
What do you think?
Share your opinion in the comment section✍️
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The current price of the ethereum classic is below $52
note : important prices ($50 and $51 or $52 ) are so effective prices which could change the market ;
currently this token is playing in <51.5 - 51.6 > our most important PRZ areas are $50 and $52 ; if any of these prices get broken we can expect that it goes to $55 ( if $52 breaks ) or $45 ( if $50 )...
Cryptocurrencies have values of 0 and 1.
Either it has no value, it is 0 dollars.
Or is it infinite.
What did you expect? 1000$ free to come?
Bitcoin suddenly became 60-67 thousand dollars. Do you think that there is no pain at all?
The miners' game came and sold the lowest. There were those who were afraid. Has Ethereum Classic crashed, of course not.
When...
Huge pumping +3100% c accumulation (fractal repeat 2017 May). Rollback. Which formed a triangle with the base of 327% (potential upward pennant) in the case of a breakthrough resistance and upward price exit to the upper boundaries of the channel. Zones of levels to work showed on the chart.
The work is acceptable to traders (sham traders are not allowed as on...
The coin is the "parent" of the expensive ethereum.
Coin in the coenmarket : Ethereum Classic
Major trend. Which has formed a large upward channel. Timeframe 1 week. Huge pump (fractal repeat of 2017 May). Pullback. Which formed a triangle (potential upward pennant canvas) in case of a breakout of resistance and the price going up to the upper limits of the...
after the breakout, the price has pulled back to the nearest support zone. based on luxern strategy, we can expect from ETCUSD to move to higher levels...
Only trade with good risk management, and don't use higher leverages!
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