Due to the continued decrease in the volume of transactions and the inability to build a higher high, if the $29 support fails, the price can continue to drop to the $24 level.
i think that for the next couple of days ETC will move inside a 10% channel. i will enter a short around 44.30$ and i will have two take profit points at 40,25$ and 41,70$. now for the bad scenario,its not even bad,i will cut my minimal losses if a 4hour candle closes above 45,3 which is a 2,2% loss. it's not a sure move,but it is a tiny risk move,so i will...
This is weekly chart for ETC. Price is in a sharp decline for the last 6 weeks losing around %50 of its value. But there is no sign for a bounce just yet when you check out MACD, RSI or BB. If price cant break 29.27 resistance level, we will go back down to 24.51 area which is a significant support area. 24.51 - important support If we cant hold it 24.51 as a...
Etherum classic as we can all see is in a downtrend with five (5) credible resistance trendline and two (2) credible support. Sellers are still winning the battle. Therefore, I expect etherum classic to dip to $43 and pump to $90. Let's wait and see what happens. What do you think? Share your opinion in the comment section✍️ Please support this idea with a...
Wednesday freefall in crypros was one of the major deep correction in recent history and ETCUSD has lost almost 30% From MAY-07 ETCUSD was in bearish trend and its reached 40.00 level.As a minor bullish correction ETC has jumped towards 80.00. At this level we can see a series of corrections.Previously 80.00 has acted as minor support.Sell at current level and...
H4 On D1, the cloud is directing upward, indicating an uptrend. You can visually see how the triangle price correction model is forming. Conclusion: We recommend selling from the upper line of the triangle pattern when the RSI reaches the overbought level again. Also, we recommend to close sell and open buy when the price reaches the range of $5,8 - $5,5, and the...
H4 The visually visible upward channel, the borders of which in the near future will be tested by the price. The ETC price is trading below the Ichimoku cloud, indicating a local correction. RSI is near the oversold level, indicating the possibility of a change in trend. Conclusion: We recommend buying from the key Fibonacci support levels of 50% and...
Entry 8.494, Stoploss: 9.04, Exit: 6.71 RRR4:1
$ETC I'd cut longs here, bearish divs into HTF resistance; I'd look for a pullback into range POC (yellow).
TP1-2 & stop loss listed on the two green horizontals and the red horizontal, respectively. Cup & Handle formation signals window for a nice short. Not too late to buy entry before FOMO! TP1: $7.30 TP2: $8.179 Stop @ $6.189 What a beautiful day for both NYSE && CoinMarketCap =] Disclaimer Not financial advise. -@a1mTarabichi
After the candlestick fixation of the model "flag" abroad,sell short with a target of 3.8.
ill be watchfull on this one. but i am expecting this to move up.
Hello Guys! this the chart of ETCUSD 4H. Points to monitor - 1. on the 4 Hour Chart conversion line crossed up base line below the cloud this is sign that market is recovering and you should close your short position. On the daily chart conversion line is still below the base line. 2. on the daily chart moving averages are little away from price, if indicator...
An update to the previous post on Ethereum classic is given below with commentary provided based on the numbers marked on the chart. (1) Bullish price channel (also shown in the previous post) in pink dotted lines had a false breakout to the downside on July 24, 2018 with price returning back inside the channel. A second attempt at breaking the channel to the...
The Daily tf chart of Ethereum classic (ETCUSD) is shown in this analysis with chart patterns annotated and discussed below in an ascending order: (1) Major trendline in Ethereum classic since inception that is still currently active with the most recent pivot used to draw the trendline being price close of ~$12.54 on June 11, 2018. A break of this trendline to...
My previous post for Ethereum Classic (ETCUSD) can be found here: It was mentioned in the previous post that Ethereum Classic (ETCUSD) was expected to continue selling off and likely target support as indicated in the previous post. Ethereum Classic (ETCUSD) at the time of this post is consolidating just below the support region (also shown here also with...