A Bearish Order Block Spotted on ETCUSDWould like to see a move to the bearish order block to fill some orders around that area then a bearish impulsive move.
ETCUSD trade ideas
Rising/Falling Wedge
Ascending Wedge in an uptrend-bearish
1. This pattern occurs when the slope of price candles’ highs and lows join at a point forming an inclinin wedge.
2. The slope of both lines is up with the lower line being steeper than the higher one.
3. Place an order to breakdown and out of the wedge. The drop out of the wedge can be very dramatic.
Descending Wedge in a downtrend -bullish
1. This formation occurs when the slope of the price candle high and lows join at a point forming a declining wedge.
2. The slope of both lines is down with the upper line being steeper than the lower one.
3. To trade this pattem, place an order on a break up and out of the wedge.
ETC, double support rebound.The following content is machine translation:
In the 4-hour chart, at the end of July, it pulled up to around 45, pulled back to around 32, stopped falling and rebounded, rose again to around 45, was blocked and fell, and now has fallen to around 32, stopped falling and rebounded.
Indicator macd bear trend, bear energy column shrinkage. The RSI indicator reaches a sell-off and begins to trend upwards.
Summary: Form double support plus indicators to see rebound, follow-up to see short-term rebound, short-term target near 36, stop loss at 32.
green lights--- ethereum classicjust noticed on the daily the green light process has started---- going to post this and watch it later for reference...have a good day traders--stay positive.
Ethereum Classicmy 500 k investment into ethereum classic--- crypto currency that I believe I made around the same time I made bitcoin but 5 years later----who knows I made about 20 cryptos over the years---I know that much; that care of yourself first then your family----
Ethereum Classicheres my ethereum classic trades and longs---for the next bight----hoping to see some revenue. take care of yourself; first then your family..
Etc .. People always buy from the topsWhy people buy from the top of a currency .. There are currencies that have not moved yet!!
ETC, breaking out of the downtrend.The following content is machine translation:
In the 4-hour chart, the previous pull-up was supported by the resistance at 46 and dropped to around 40. During this period, a descending trend line was formed, and it has now broken through the descending trend line.
The indicator macd rebounded to the golden fork, and the RSI indicator rushed to the neutral 50 to reach the bullish range.
In terms of operation, grasp the intraday low and more, look at the previous high near 46, and see the breakthrough near 50.
ETCUSD - Ascending Triangle BreakoutETC is undergoing a break out
Right now on this 4Hr chart an ascending triangle can be observed, a bullish pattern
The breakout should continue
ETH Classic - ShortHello Traders and Investors,
ETC had a good run, but the top is in for it. HNS on the 5 minute which should push the price down to the closest support. A rebound back up to the neckline is possible after the first support is touched. But a continue in decline of the price is expected.
Let me know what you think.
ETC is at risk of forming a double topetc. There is a risk of forming a double top here
It is recommended to take profit on rallies
If it falls below the neckline and forms a double top, go short decisively
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Etc :)My imagination. We will go back to the bottom again.. but the currency is very good and has an excellent analysis. Once we return to the bottom, it will rise insanely.. It is not advice to sell or buy,
this analysis was analyzed by Jane's methods of analysis.. the figure drawn for imagination only
ETC USDT long tradeEtc made head and shoulder pattern on one hour time frame possible breakout.
Note : trade at ur own risk good luck
Fib CirclesFibonacci Circles is another indicator based on the Fibonacci Sequence used in technical analysis. It is created by drawing a trend line between two extreme ...
Fib ChannelThe Fibonacci channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally.
$ETC - Bounce from 60 period SMA on the 4 hour chart - LONGA simple idea along the lines of my last couple if you've seen, we've had a large expansion when ethereum classic started to get a lot of attention surrounding the merge narrative and mining moving over, a range was set on the break down from that rally and price has managed to break out and is currently come back down to retest it, also lining up with a bounce from the 20 period SMA which I like.
this is a good level to buy imo and i think we go to at least 40.6ish which is towards the top of the prior consolidation before breaking down
tldr
buy 37.6
target 40.6
stop 36ish (below a prior wick and 20 period SMA)
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ETCUSDhi traders:As the crypto giant sets the tone and leads the pack, it is evident to see examples of 'impulse-correction-impulse', or 'drop-rally-drop', as you see in the structure clear continuation to up , i set entry and running now.
ETC is expected to rise in 5 waves.The following are machine translations:
On the daily chart, it started to rise from the double bottom structure below, and the low point of the callback continued to rise. This time it was blocked at 45 and fell, and it fell back to the starting point of the big Yangxian on July 28, stopped falling and rebounded, and is expected to rise in the fifth wave.
The indicator macd bullish energy column shrinks, and the RSI indicator lingers in the oversold zone.
Summary: The pattern is expected to rise in 5 waves, and the indicators are all in a bullish trend. At present, the decline has stopped and the rise is expected. The 5th wave is expected to open, and the upper target is near 50.
Bearish ETCETC has shown a top pattern in four hours
and has been broken
There is a high probability that the rebound here will not make a new high
and it will come down again without a new high
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BCH & ETC 4hr chartsBCH & ETC 4hr chart levels:
BCH
top = 202.32
R3 = 197.72
R2 = 193.12
R1 = 188.53
pivot = 183.93
S1 = 179.33
S2 = 174.73
S3 = 170.13
bottom = 165.53
ETC
top = 24.48
R3 = 23.82
R2 = 23.16
R1 = 22.51
pivot = 21.85
S1 = 21.20
S2 = 20.54
S3 = 19.89
bottom = 19.23
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
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ETC/USDTHello Traders,
As we discuss in our previous chart ETC now is ready for big short trade.
right now 5 move upside completed & ABC also.
you need to short it in 2 parts.
first form 41 & dca around 57 if it go up..
keep stop loss above 57.
target up to 24$ Minimum.
Have safe trade.
thank you.
