where are we going ETC up or down at this point we are push the edge need to break out of this rising wedge for another massive run. i also put down some resistance levels that we need to break threw lets see what happens. feed back welcome
ETCETH trade ideas
Break above resistance would effectively start a new age for ETCExpecting 10:1 ratio against Ethereum, minimum.
ETC/ETH Binance 15:1 Retracement Entry, Elliott Count for BullsWorking above the large step change, I count 1 completed 5 wave with 1 completed correction. The next 5 wave impulse is building, we are in the 1-2 of the 3. Reload at smaller 2, sell at smaller 5, reload at larger 4, sell at larger 5. Looking for a pivot at around 0.0375 to increase the confidence of the count (that is vs. loading up at the larger 2 - completed). Set the stop tight under ~0.0368.
Chart was de-cluttered for ease of viewing.
We are nearing point (4)Expecting a new wave by tomorrow morning, depending on BTC movement and requirement that BTC doesn't sink.
ETC MOON TIME v2ETC has potential to moon, due to the current bull run, third wave approaching and the Castillo airdrop on March 5th.
ETCETHAs you see there are two target point i'd prefer the first one which is somehow short time ~~~~~~~~~~~~~
best wishes
Ethereum Classic, ETC/ETH Broke Out of TriangleEthereum Classic, ETC/ETH on Binance just broke out of its (long) Triangle. Consolidated a while and found good support at 35.000, which was previous resistance as well.
On the hourly chart, you can see that the indicators are from its lows and curling up now. Volume is picking up and ETC/ETH is also above the 12 and 50 emas.
With the coming fork and airdrop, Ethereum Classic could be ready for another run. So are you ready to trade it? If so, here are the instructions:
Entry: 36.815
Profit: 41.250
Stop: 36.095
RR: 6 (risk 2% to make 12%)
Since this is a day trade, you can take profits quicker and partially if you prefer.
Please like and share if you found this informative and helpful. Leave a comment if you have any questions.
And good luck trading!
ETCETH: breakout incomingFalling wedge is forming and it will soon touch support line.
Watch it and be ready possibly to place orders.
ETCETH - Cup with handle possible. A few days ago we saw the historical bottom on ETC - ETH pair. I think it's time to change downtrend!
ETCETH: SHORT TERM TRADE IDEA: Rising wedge formingHey fellow traders,
Have a look at my analysis of ETCETH where you can see forming rising wedge, which is usually bearish pattern. Nevertheless IT IS still forming, so we can expect it to go up for quite some time.
Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be higher than the previous high. We have multiple reaction highs hitting resistance line.
Lower Support Line: At least two reaction lows are required to form the lower support line. Each reaction low should be higher than the previous low. At this point we are hitting two reaction lows.
Volume: Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation. Notice charted red line which nicely shows the fall in volume.
We are also hitting point of resistance at the very up of rising wedge
MACD and RSI are also confirming this pattern.
What I will do is to look for the full wedge to be formed, then sell. Then rebuy lower.
P.S.: Im not financial advisor. Take this as a purely speculative idea.
Ethereum Classic ETC up to 450% Profit in Weeks (MEDIUM RISK)Ethereum-Classic is a phenomenal coin as is, but that is not why we will be having a crazy run up in price. ETC will be having an airdrop coming in on early March. Coin that will be dropping is called Callisto (CLO) and ratio is a shocking 1:1 - meaning that if you own 10 ETC, you will receive 10 CLO. Please note that we are not yet sure on which exchanges will be supporting actual airdrop. They usually announce that closer to the date.
Just remember the over 20x price hike we had with NXT and Ignis airdrop. We are not expecting anything that crazy here due to high price per coin, however anywhere from 150% - 500% is possible.
Invest only what you can afford to lose. We are not your financial advisors.
Ethereum Classic Swing TradeETC/ETH comparison: Ethereum Classic has formed an 18 month ending diagonal wave with converging lines signaling a near-term breakout. I expect this to be a major breakout given the nature of the moves of crypto and the time span this has been accumulating for.
ETC idea, ETC bottomed out?Stochastic RSI gives oversold signal
MACD crossing.
ETC/ ETH at an absolute all time low, will ETC get its turn after ETH's rally from last month?
Let's go!
