Hi guys..its the latest analyze chart of ETCUSDT in 1H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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DON’T FORGET that Technical Analysis is a game of probabilities.
The targets of this Formation that I usually use;
0.50 Fib (TARGET1) and 1.00 Fib (TARGET2) levels.
You can use; Your Own Targets, entry point, stop-loss level and cancellation level.
These Formations achieve different success rates on each chart and in each period of it.
. There is a possibility of temporary retracement to suggested support line (14.15). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ETC showing strong momentum to the upside in this classic bearish crab. The target is conservative here. Its this way because Binance chart does not go back to the inception of ETC... so it is a 95% chance the price goes higher after the conservative target is reach. I may do another chart from POLONIEX exchange that goes back to 2016. Regardless these are good...
ETC recently broke a weekly trendline and now price is in a trend zone and this is a good news...
it's not a bad idea to buy some at this level
i put my danger level on 8$ but if it fall more we should analysis again...
. There is a possibility of temporary retracement to suggested support line (13.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Ethereum Classic ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
4H hollow candles.
ETC has already seen huge profits.
Movement expected inside this triangle and then a breakout is coming.
Ethereum Classic Price (ETC) = $14.82
What we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned shows a reversal pattern or moving near a historical bottom, around or above good support, increase in trading volume , accumulation stage, breakout pattern, etc, so, we tell you to keep your eyes on this coin and add to your watchlist.
This is not financial advice, The purpose...
Wolves, we prefer not only symmetrical triangles!
Now we have ascending triangle on ETCUSDT instrument.
There was a strong bullish trend and then the price entered into the correction.
According to Elliott Waves theory all the waves are done and the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
If you enjoy my FREE...
ETC will move according to the trend of the market, namely, the price action of BTC.
I keep my view on the market going down in March, so I am ready to place a short order on this coin at the nearest resistance.
Refer to my chart for key price...