Fractal play. Sentiment never was that bad. Trade against everybody to succeed. There is zero selling power left. This will either turn out to pump 60% or just do absolutely nothing for ever. Always remember its a cheap altcoin traded on coinbase and has ethereum in its name. It's enough to get the noobs to fomo buy our bags.
After the candlestick fixation of the model "pennant" abroad, buy with a target of 4.8.
Daily & weekly primmed for an upwards momentum. Positive news keeps coming up. BTC -0.69% seems to want to break the triangle upwards, giving it momentum for ETC to go along with it compared to other alts as it has remained very resilliant. 0.004BTC resistance comes to a point where daily/weekly would come to a bit of exhaustion and would bounce back to support...
The pair just completed rectangle consolidation and fall in continuation as touch 50 MA, it is possible to take advantage of this as shown in the chart. Also you can See Bullish crab "not perfect but trade-able", it is swing trade and expected to rise to the selected areas. trade with care and %, cheers.
Something interesting has been happening on Ethereum Classic (ETCBTC) in the last day. There's been a huge dip in volume after it jumped from .001750 to .002300. There was definitely a bearish divergence that was indicative that the price was going to pivot to the downside. We've been falling since then, but for the last ~18 hours there has been a strange uptick...
there is a bearish Bat in the chart, we need to wait and execute the trade from 886 and there current reaction is due to abcd which we will ignore.
Find this Harmonic bearish Bat, wait for the market to test the area again and sell from there, and sl and tp as shown in the chart. Trade with care, cheers
Conspicuous longterm head and should candidate is Ethereum Classic. Loss under Bitcoin pullback extreme compared to other altcoin. Head and shoulder target approximate to $6.5 This worst case scenario. Will touch $12 first and then great likelihood touch $9.5
so many bullish fundamentals going on right now with the impending arrival of ETC to coinbase and on top of that Robinhood beating them to the punch and making it available on their app as well. Not much more needs to be said really.
So ETC retraced more than expected, but bounced on trendline. Looking at this pattern for now. Should rally up to the top of the triangle and than maybe more news about Coinbase will be released as well as ETC Summit. This could lead to a breakout and finally the rally we are all hoping for. Breakdown of the trendline will make this setup invalid.
During the last month, ETC has seriously increased its volumes and well shot at Bitcoin's growth. The blue channel is a bay zone. It's hard to get into this zone; good moves start with it. Classic froze its fall and entered consolidation. I am waiting for 2 scenarios: 1) A small correction in the price zone of 14.75 - 15.5 $ 2) Test of the bottom of the channel...
NZDUSD is making nice long opportunity it's facing 2 supporting trendlines, one of them is standing since Mar.2009 Enter at 0.6730 TP1: 0.7050 TP2: 0.7200 SL: 0.6680 Good luck
This chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur. There is also a falling wedge on the ETCETH chart, indicating lower selling pressure. Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will...