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Etcbitcoin

ETC is looking for head and shoulders patternETC is going to retrace back after being rejected from weekly level on 1st test at 7252. The candles followed three levels. ( Middle Trend Line, Bottom Trend Line and Monthly Horizontal Level). The middle trend line acted as resistance throughout the downward trend, where as bottom trend line as well as at times monthly level acted as a support. We can call bottom trend line and monthly level as DUAL SUPPORT for ETC. Once Monthly support level broken on 07 may 2020, it became resistance, as on breaking monthly level candle has to find a support, which in this case was weekly support at 6383. Current Condition From 27 June 2020 to 05 July 2020, ETC was in accumulation zone, mean bullish move ahead was on cards, and it happened. During that bullish move, it broke the weekly level at 6383, and it had to find a new resistance which was the next weekly level at 7252. ETC has found a new zone of support and resistance between two weekly levels, 7252 (Weekly Resistance) and (6383 Weekly support). Weekly resistance and weekly support has been tested both for the first time, and right now we may see some retracement back to 7252 level. If you want to enter the trade on daily candles, during the next week 10 to 12 percent rise is expected. You can trade long but must excite before 7252, as it can retrace back. making HEAD AND SHOULDERS PATTERN. Lookout for Head and Shoulders pattern for now in coming 10 days. Trade according to the pattern.
by SmartMaxi
ETC ANALYSIS (BREAK FOR A LONG!)ETC ANALYSIS: ETC broke out of the falling wedge and pushing 50MA to crossover the 100MA in a bullish manner. I expect a further increase following this move. I expect take profit 1 to be hit just below 1000 sats at 980 sats. T1 is the next resistance band, a break here would make way to easily break T2 at 1020 sats, T3 at 1065 sats, and lastly T4 at 1150 sats. The prime entry zone is from 890-920 sats. Daily RSI and Stoch are cleared for a major run up. Deep support is down at 700 sats. I dont expect deep support to be hit, rather a double top over 1100 sats first! Possible Entries: 890-920 sats
Long
by altchicasignals
ETCBTC formed a bullish butterfly | Upto 374% from herePriceline of Ethereum Classic / Bitcoin cryptocurrency has formed a bullish Butterfly pattern and entered in potential reversal zone. RSI is entered in oversold zone. Price action has also hit the support of lower band of bollinger bands. Stochastic has given bull cross. Priceline is now gearing up to hit the sell targets soon insha Allah. I have defined the targets using Fibonacci sequence: Buy between: 0.00053857 to 0.00000001 (but it is not possible for price action to hit 0.00000001 as it has already hit the lowest pirce of the history of ETC and indicators are turning bullish) Sell btween: 0.00158077 to 0.00325256 Enjoy your profits and regards, Atif Akbar (moon333)
ELong
by moon333
3
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00120100 to 0.00108000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00120100) Ending of entry zone (0.00108000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00131370 TP2= @ 0.00144540 TP3= @ 0.00155500 TP4= @ 0.00164600 TP5= @ 0.00173770 TP6= @ 0.00197130 TP7= @ 0.00220780 TP8= @ 0.00277400 TP9= Free
ELong
by ForecastCity
8
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00133000 to 0.00124000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00133000) Ending of entry zone (0.00124000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00155500 TP2= @ 0.00164600 TP3= @ 0.00175200 TP4= @ 0.00182100 TP5= @ 0.00198500 TP6= @ 0.00221700 TP7= @ 0.00254800 TP8= @ 0.00277400 TP9= @ 0.00297000 TP10= @ 0.00388000 TP11= @ 0.00470000 TP12= @ 0.00560000 TP13= Free
ELong
by ForecastCity
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The the RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00148000 to 0.00138000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00148000) Ending of entry zone (0.00138000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00164600 TP2= @ 0.00174200 TP3= @ 0.00182100 TP4= @ 0.00195600 TP5= @ 0.00214000 TP6= @ 0.00238200 TP7= @ 0.00277400 TP8= @ 0.00317100 TP9= @ 0.00388000 TP10= @ 0.00470000 TP11= @ 0.00560000 TP12= @ 0.00820000 TP13= Free
ELong
by ForecastCity
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The the RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00148000 to 0.00138000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00148000) Ending of entry zone (0.00138000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00164600 TP2= @ 0.00174200 TP3= @ 0.00182100 TP4= @ 0.00195600 TP5= @ 0.00214000 TP6= @ 0.00238200 TP7= @ 0.00277400 TP8= @ 0.00317100 TP9= @ 0.00388000 TP10= @ 0.00470000 TP11= @ 0.00560000 TP12= @ 0.00820000 TP13= Free
ELong
by ForecastCity
1
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
ELong
by ForecastCity
4
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
ELong
by ForecastCity
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
ELong
by ForecastCity
Another trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00211) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 0.00190000 based on ' Hammer ' entry method at 08.14.2018. Take Profits: TP1= @ 0.00240 TP2= @ 0.00280 TP3= @ 0.00324 TP4= @ 0.00350 TP5= @ 0.00470 TP6= @ 0.00560 TP7= @ 0.00820 TP8= @ 0.00951 TP9= Free
ELong
by ForecastCity
Another trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00211) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 0.00190000 based on ' Hammer ' entry method at 08.14.2018. Take Profits: TP1= @ 0.00240 TP2= @ 0.00280 TP3= @ 0.00324 TP4= @ 0.00350 TP5= @ 0.00470 TP6= @ 0.00560 TP7= @ 0.00820 TP8= @ 0.00951 TP9= Free
ELong
by ForecastCity
7