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Ethereumclassic

Ethereum Classic (ETC) - July 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ETCUSD 1W Chart) If the price is maintained above the 42.1-47.296 range, it is expected to create a new wave. (1D chart) It remains to be seen if the 37.180-47.947 zone can support and move up. If the price is maintained in the 47.947-69.480 range, it is expected that the uptrend will continue. If it goes down from the 37.180 point, there is a chance that it will fall below the 25.179 point, so you need to trade cautiously. However, it may follow an uptrend line, so you should be prepared for this. ------------------------------------- (ETHBTC 1W chart) If the price maintains above the 0.040575-0.045 range, we expect the uptrend to continue. (1D chart) It remains to be seen if the 0.060306-0.065674 zone can find support and move up. If the price holds above the 0.065674 point, it is expected that the uptrend will continue. The 0.048795-0.053586 zone is an important support zone. I think the big uptrend will most likely start with a break away from the downtrend line (1). ------------------------------------------ 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 uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (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.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
KRAKEN:ETCUSD
by readCrypto
1
ETHEREUM: Current forecast and price targetsAfter several days of steady upward movement, the crypto currency Ethereum then went significantly downhill yesterday. Previously, the coin had grown 41.8 percent, rising to $ 2,410. With a break in the upward trend line, there was a drop of just under 15 percent to USD 2,050. Analysis and location determination - viewing in the H4 chart After the previous downward movement, there was an initial stabilization within the support. Provided that the support level (2,060 / 2,017 USD) is not significantly undercut (excluding pure puncture), a corresponding reaction impulse on the long side can be expected from the statistical point of view. The reaction potentials are: With a minimum correction to USD 2,186, the probability of a new movement low is about 67 percent. With a normal correction of up to USD 2,230, the probability of occurrence is only around 50 percent. An increase to $ 2,287 would be a maximum correction. Here the probability of a new low level of movement is only around 37 percent. This makes it very easy to calculate when a corresponding short setup still makes sense. Focus on support Should the current attempt to stabilize, however, fail immediately, a trend continuation and decline to the area of 1,750 USD can be expected after a break of 2.018 USD. The previously positive picture would therefore continue to deteriorate. Another and perhaps successful attack on the multiple traded low of around USD 1,700 could even trigger a real panic sale. Course targets for this would then have to be determined anew. Always good trades! Global Investa Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
BITSTAMP:ETHUSD
by Michael-Neubauer
ETHEREUM- Buy Now or at 1285 euros ?The explosion in bitcoin and cryptocurrency prices has catapulted digital assets into orbit this year, with the crypto market's performance demanding Wall Street's attention. Bitcoin's rally, adding almost 300% to the bitcoin price over the last 12 months, has been dwarfed by Ethereum, the second-largest cryptocurrency after bitcoin by value. The Ethereum price has added some 800% since this time last year. Now, as those in the cryptocurrency industry try to forecast the market's direction, analysts at Wall Street giant Goldman Sachs has predicted Ethereum has the potential to eclipse bitcoin in the coming years—and warned the extreme crypto price volatility means it can't compete directly as a safe haven asset like gold. Ethereum's ether token "currently looks like the cryptocurrency with the highest real use potential as Ethereum, the platform on which it is the native digital currency, is the most popular development platform for smart contract applications," Goldman Sachs researchers wrote in a note to clients this week, first reported by Business Insider . The future looks great for Ethereum, despite the competition of Cardano, which remains my favorite project. Take a look at our chart, with a simple demand zone and an all time trend line. Buy now or at 1285?
Long
by FX_Professor
6
ETC- 50/50 Outlook over this month leading to Magneto upgradeHello Traders, Like most of the market, we are awaiting a continued confirmation of an uptrend. In the meanwhile, it seems to be fruitful to follow the events and/ or upcoming upgrades. Though not all of the apples fall from the same tree, as some events go unnoticed, so it may serve you well, to follow the more common and well known projects. Yes, they may not put off the 400% gains but, a potential 100%-200% gains will do anyone just fine. ETC looks to be forming an inverse Head and Shoulders pattern on the hourly chart. The daily chart may be forming a short term bearish pattern leading to a retest of the bottom trend line. Unless, the recent upward movement continues and it can push past the resistance. In any case, I think ETC can have a strong next couple of weeks, giving a 50/50 chance of solid ROI of 80%-100%, landing us in the $120.00 range. This week, will be big for the whole market, as it will be the beginning steps to a bullish confirmation for the remainder of the year, or a slow and steady bleed. Good luck.
COINBASE:ETCUSDLong
by MarkStPeter
Ethereum Classic (ETC) | The Lone RunnerHi friends, hope you are well and welcome to the new update on Ethereum Classic (ETC). More than 1300% huge rally: On 21st March I shared an idea when the price action of Ethereum classic completed the formation of a bullish BAT against the Bitcoin and entered in the potential reversal zone of this harmonic bullish reversal pattern. Finally, the priceline started a move towards the upside surged more than 1300% that was a huge rally. A huge rejection: After this powerful rally the priceline of ETC reached $180. The price action found the resistance at $140 because here we have several touchpoints. After being rejected by this level the price action moved down and broke down the $50 support level. Recently the priceline has again broken out the $50 resistance that was previously breaking the support and moving between the $50 and $60 support and resistance levels. The SMAs. While the price action found that support at 50 dollars, at the same time the price action went very close to the 200 simple moving average on the daily time frame. From here it moved towards the upside and broke out the 100 simple moving average again. At the moment the priceline of Ethereum classic coin is moving between the 50 and 100 simple moving averages. The 50 simple moving average is also working as a strong resistance for the price action. At this time it is very important for the Ethereum classic to save the supports of 100 simple moving average and the $50 at the same time. Another bullish harmonic reversal pattern formed: This time on the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also an exponential moving average 21 support in the buying zone. I share this pattern a few days back on 27th June. So far the price action has surged more than 90% after hitting the weekly 21 exponential moving average support. This time the price action of Ethereum classic can surge more. Because the previous pattern was formed on the daily time frame whereas this has been formed on the weekly time frame. Therefore, we can expect a bigger move in the long term. Conclusion: On the weekly time frame chart the Bitcoin has broken down the EMA 21 whereas the Ethereum classic is still having good support of 21 exponential moving average on the weekly time frame and it has also formed a bullish harmonic reversal pattern. Therefore, there is strong chance that in the long-term the ETC will surge more against the BTC in the Bitcoin market like it did previously.
by moon333
1