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Ethereumclassic

Ethereum price takes a pit stop at $2,400Ethereum scaled some key levels from last week’s support of around $2,500. The largest altcoin hit levels above $2,800 following sluggish trading over the weekend. Moreover, bears forced their way, ending the seemingly eternal dilemma in the market. A correction followed Bitcoin’s dive from $36,000 to $32,000. Bearish calls have soared in the market, with analysts believing that cryptocurrencies are in for a massive dip. At the time of writing, Ethereum trades around $2,500 after bouncing off support at $2,400. The immediate upside is limited by the 100 Simple Moving Average (SMA). This means that recovery emanating from the support at $2,400 could face delays at this level. Ethereum sends mixed signals As mentioned, support at $2,400 has stopped losses from stretching further. Nonetheless, the Moving Average Convergence Divergence (MACD) indicator has a bearish signal. The MACD line cross under the mean line (0.00) cannot be overlooked. Besides, the trend momentum indicator has slipped into the negative region; thus, adding credence to the bearish outlook. The Relative Strength Index (RSI) dropped toward the negative region but seemed to have found anchorage at 35. As it points upward, bulls are bound to increase their entries, perhaps supported by investors coming in due to the lower prices. Note that a daily close is required above the 100 SMA to validate the recovery. Realize that another delay should be expected at the 50 SMA, marginally under $2,700. Ethereum will only come out of the woods if the price takes down the hurdle at $3,000. Ethereum intraday levels Spot rate: $2,502 Trend: Bearish biased Volatility: Growing Support: $2,400 and $2,100 Resistance: The 100 SMA, $2,700 and $3,000
COINBASE:ETHUSD
by CoinGape
Ethereum Classic (ETC) - June 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ETCUSD 1W Chart) (1D chart) It remains to be seen if the 69.480-91.012 can cross over. If it falls from the 69.480 point, a short-term Stop Loss is required. However, it may follow an uptrend line, so you need to trade cautiously. If it falls in the range of 37.180-47.947, Stop Loss is required to preserve profit and loss. You need to trade with caution as trading volume can drop sharply, which can lead to sharp volatility. If it goes sideways in the 69.480-91.012 section, it is expected to lead to an uptrend. ------------------------------------- (ETCBTC 1W chart) (1D chart) It remains to be seen if the 0.0016415-0.0018253 zone can find support and move up. If it falls from the 0.0016415 point, you need a short-term Stop Loss. However, it may follow an uptrend line, so you need to trade cautiously. The red color of OBV in the volume indicator is starting to show, indicating that selling is increasing. However, since the trading volume has been greatly reduced, you need to be careful about fakes. From May 18th, the CCI line in the CCI-RC indicator fell below the EMA line. If the CCI line falls below the 100 point, volatility may occur, so trade cautiously. ------------------------------------------ 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
ETH - Danger zone in ethIf eth fails to recover its price at this point, we will see the confirmation of a SHS. The fall could take EHT to 2435usd zones as a last target, although it presents strong resistances in the 20 and 55 EMAs in 4hs. In summary. According to my analysis, a candlestick close below 2630usd would confirm a head shoulder. If it manages to recover its price it could lateralize forming a triangle. MEASURE YOUR RISK! The loss you assume in case of failure should NEVER exceed 2% of your total capital. NEVER. We invite you to share your vision in the comments. Thank you
by vongovar
ETC 1D Global Picture: Where to Sell and Where to BuyYour attention is the global picture on the ETCUSDT chart At the end of last month, the Ethereum Classic price made a good x6 rally in less than two weeks , after which a correction phase began. Later, the corrective fall accelerated the fall of the entire crypto market. But there is also a positive point. The fall was aggressively bought out from the $40-50 zone , and this is essentially the absolute maximum in 2018, which could not be updated for 3 years. On daily candles, the ransom formed large shadows from below, and the candlestick bodies closed above the $47 level, testing the liquidity zone for strength. This alignment of events gives hope that the price of ETCUSD may rise again to the price range of $115-125 . In this area, you should cover the longs and look around. Since further there can be two scenarios: 1) Fixing the ETC price above $115-125 will give a chance to think about the next global target in the $260 area. 2) If the negative background continues to dominate on the crypto market, then it will be possible to place buckets for purchases in the $20-30 zone, because this is the next liquid zone, which is below $50. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
33
ETC will be $1000, Why? #No-StoplossI will re buying 50$-40$ -20$- 10$- 5$ - 3$ -1$ We are still trying to increase the number. Let's talk a little etc. We tripled the etc we have instead of selling them. Let's go for $1. Buy them all to us. We will never short sell. No-Stoploss Of course. according to us, they are not the opposite, because we say that it will be $ 1000. We don't have dreams, we have goals. Can anyone say we will get them all? Normally I don't explain about our positions. We are expecting $1-5$-10$-20$. Come on buy us. I openly say that I will leave Bitcoin and Ethereum. We also think that the third BlockChain that everyone is looking for will be etc. We also calculate the etc. What should be the market cap for it to be 1000$. 1. Ethereum 2. Bitcoin 3. Ethereum Classic 4. Cardano 5. Binance Coin 6. XRP 7. Link 8. ? LiteCoin 9. Bitcoin Cash 10. Xlm 11. ? Sol 12. Neo 13. Trx 14. ? Polkadot 15. ? Uniswap BlockChain never fails. Because the internet never goes down. To turn off the Internet, you have to turn off the electricity. It's like a doomsday scenario. We cannot say that the apocalypse will never come. It is 100% risky. You can lose all your money. Take your decisions carefully. There are all kinds of monsters on the market. Don't forget to set Tp and Stop-loss. Don't look at us. We are Corporate. We don't do any damage. We wait 1-5-10-20-30-50 years. This company will be inherited to our children. We have guarantees such as $,€,£,Gold ,Silver ,Copper ,iron ,Eurobond ,Us bond, in order not to sink. In short, we are everywhere. We try to be a part of the team, from the cola you drink to the medicine you use. Transfer crypto to Ledger and forget it. It will either fly or it will be 0$. Anyone who thinks the opposite of what I'm saying can short sell. earn a lot :)
Long
by TraderEtc
2