ETC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. There was a huge resistance at 0.0036 and now it is broken. Stoch RSI is oversold which is a bullish signal. ETC will have a hard fork at 5.3.2018 which might increase the demand. I expect the price to increase till we hit 0.0047 (fibonacci 0.5) Here is my trading...
Traders, Here w have ETC/USD 4H chart. After breaking-down the bull trend-line a few hours ago and not breaking the 0.0.382 Fibonacci. we are heading to 0 Fib the inverse and I'm gonna draw the not inverse next few hours to reach the all time high again After closing above that one we will will be confirmed break & heading straight to all time high again....
Traders, Here w have ETC/USD 4H chart. After breaking-out a few hours ago and breaking the 0.618 Fibonacci (Golden one) we are heading to 0.70 and after closing above that one we will heading straight to 1 all time high again. Without closing we will retest the uptrend again and waiting of bull keep going Regards, Mohsen
on the left is shorter chart, showing falling wedge, will buy the breakout towards the upside (if breaks resistance) and enter with medium position, and add to position on price bounce on resistance turned support (top downtrending white line on left chart). all details / numbers / text and info is on chart :)
Ascending Triangle mid-term trade on the left, and short term trade on the right. The idea is to buy the bounce of the uptrend support line (orange), sell 35% on swing high target / ascending triangle resistance, rebuy break/retest of ascending triangle roof and sell majority on ascending triangle target, hold rest for long term.
ETC will have great year in 2018, targets are $150+ med-long term.
ETC was one of the only pairs that didn't run up during altcoin season, it is begging to break out.
EthereumClassic has been rising for quite some time now, but I think it has quite a bit to go before a big correction. Simple technical analysis shows that we have a healthy upwards trend. While other coins similar to ETC have experienced massive growth, this might still be ahead of us with ETC. I had invested a couple of days ago, but I believe one can still get...
Backtesting the moving averages shows very consistent results
ETC now breaks out it's symmetrical triangle so it would be good enter with a stop loss 22.71 EUR. I think first target would be 34 EUR and after that we can trail the price.
I see a great trade opportunity as Risk:Reward is very favorable The up-trending support & down-trending resistance line converge to form an apex, that signals us ETC will run out of space soon. Entry at $17 to $18.5 would be recommended. Any lower may be a bearish sign and higher will lower potential gain:potential loss ratio Stop loss can be set in local...
This can be kind of a safe trade. I don't see any bad forecasts for ETC. We are moving in this channel for almost 3 weeks now, accumulating nice and break to downside is not such a probable. If we don't break Support 1, I'd buy some when we cross 9.65. If Support 1 will be broken, wait for pullback and buy some more at 9.5. If we come down to Support 3 (which is...
After recent developments, its obvious that risk management is everything. "spreading risk" over multiple currencies might just be an illusion.
Still some juice for core cryptocurrencies