ETC - false breakout as a good buying opportunity!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 buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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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.
Ethereumclassic
ETCBTC Gann AnalysisUsing the Gann tool we can plot down trends and uptrends
Plotting both, it gives a support point for price, and also a resistance point
I expect a bounce off the support from the downtrend Gann line at some point
This bounce will hit the resistance Gann line (in red)
A large up channel can also be plotted if you place this up move (dotted line)
The indicator is what I expect will occur as price moves (in white)
ETHEREUM- Banksy sold at Sotheby's in Ethereum ❤️🎨History in the making as Sotheby's auctions Banksy in Ethereum.
Banksy Paintings Sell for 3,093 ETH in Auction House First
Two paintings from contemporary artist Banksy sold for over $12 million in the first Sotheby’s sale denominated in ETH.
At the same time, the price is at support. Time to go higher?
Sooner or later, yes. We do expect to see Ethereum higher.
PS. We watched it Live in Decentraland. It was quite cool!
One Love,
the FXPROFESSOR
Ethereum- Mid Term TopCoinbasepro: Eth/Usd
- Ethereum recently hit its mid-term top target at approx. $4,900.
- As seen in the illustrated chart, we bounced from the 0.5% fib level.
- If structure is lost at $4,100, likewise a snowball effect could take Eth down to the .786 fib.
Good luck to everyone getting there buys in!
ETH/USDT 1DAY UPDATEWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
ETH/USDT analysis 1day update is support $3696 after this bounce
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
Ethereum Classic (ETC) - November 13Hello?
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(ETCUSD 1W Chart) - Mid-Long-Term Perspective
Above the 16.722 point: the uptrend expected to continue
Over the 37.180-47.947 section: Expected to create a new wave.
(1D chart)
First resistance zone: near 69.480
Second resistance section: 91.012-101.779
Support section: 37.180-47.947
We are walking sideways in the section 47.947-69.480.
In particular, if the price maintains above the 57.934 point and breaks out of the downtrend line, I would expect the price to rise above the first resistance level.
If it falls from the support zone, there is a possibility that it will fall to the 16.722 point, so you need to trade cautiously.
At the CCI-RC indicator, there was an attempt to raise the CCI line above the +100 point.
If ETC price rises above the first resistance level, I expect the CCI line to rise above the +100 point.
The next volatility period is around December 7th (up to December 1-11).
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(ETCBTC 1W chart)
Above 0.000970-0.001374 section: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
ReTest Finished. Target 72000-80.000Hedge Fund Manager Long Position ok.
We renewed our positions.
I wish you good luck. Believe in lofty goals, but be careful.
It is not investment advice.
Patience and attention are the most important processes in this business. Selling for free is against our nature.
Our post Retest target has been updated to 100,800.
0.5x
1x
2x
long position ok.
Stoploss -55700
Long Target = 69000$- 72000$ Bitcoin
bitcoin will continue to trend sideways
will continue to record records with altcoins.
Our Main Goal should be to collect bitcoin and ethereum.
this will start the rise of retest altcoins.
I wish everyone good luck. Don't forget to buy stop-loss and tp.
As a result of this rise will come a great fall.
Our retest levels are 42100$-48000$-52000$-56000$.
we have nothing to do with awns. If bad news doesn't come, we'll sail straight to $72000. Of course, we will proceed according to the 4-hour and 12-hour charts. Our joint decision with all fund managers is long.
The next drop will not be a retest. We will see a very steep decline. then we will move up towards $80,000. We're starting off with a $20,000 drop. Let's follow the news.
ETC/BTC buy opportunity Hi followers,
BINANCE:ETCBTC showing first positive signs for a reversal.
After buyers stepped in on a demand zone, the price formed the first higher low since the large pullback began on may 2021.
If we break the big down trendline, there is more upside.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
ETC looks ready but BTC is holding it backIt looks like BTC is going to ruin this setup but I will post anyways for my fellow risk takers
ETC will run hard to $100 if BTC can stay above 67k. Its not looking good though
The last time ETH was making ATHs was when ETC went to $180 in a week! This is likely to happen again
I set my stop loss @ 59.5 to give BTC some room to breathe
Ethereum Classic (ETC)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
Ethereum Classic = Zero Rolls Royce - 1000$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 bitcoin, your most trusted cryptocurrency, is 50%, panic is normal. Now there is a record-breaking bitcoin. What panic there is, Now there is the Record. Very fast charting for bullish in crypto. The fix is finished.
As we have looked at Ethereum and Bitcoin in the past, everyone will say I wish I could buy it from here.
Ethereum breaks records. Doesn't Ethereum classic break records?
You can read all my articles.
It is not investment advice.
ETC inverted head and shoulders to $125#ETCUSD
$ETC broke out from descending resistance line and confirmed it as support, also price stayed above weekly support zone.
an inverted head and shoulders pattern shows that price can reach $125.
#ETC didn't increase during #ETH rise so it's time to show its potential.
break below weekly support will make this scenario invalid.
🔥 ETC / USD — Ethereum Classic Trading 🔥 x8!!!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 2022.
If you will follow this trade, please, consider use affordable risk.
Best regards
Artem Shevelev