Hello Guys! this the chart of ETCUSD 4H. Points to monitor - 1. on the 4 Hour Chart conversion line crossed up base line below the cloud this is sign that market is recovering and you should close your short position. On the daily chart conversion line is still below the base line. 2. on the daily chart moving averages are little away from price, if indicator...
An update to the previous post on Ethereum classic is given below with commentary provided based on the numbers marked on the chart. (1) Bullish price channel (also shown in the previous post) in pink dotted lines had a false breakout to the downside on July 24, 2018 with price returning back inside the channel. A second attempt at breaking the channel to the...
The Daily tf chart of Ethereum classic (ETCUSD) is shown in this analysis with chart patterns annotated and discussed below in an ascending order: (1) Major trendline in Ethereum classic since inception that is still currently active with the most recent pivot used to draw the trendline being price close of ~$12.54 on June 11, 2018. A break of this trendline to...
In other Ideas we got over 30% Profit. There is need enter now
Traders, Here we have ETCUSD 1D chart. A heavy resistance need to be broken to launch a rocket to know exactly the the direction to determine the price. But for now if we broke that level we will go to exact golden level to have 35$ hence and aim to correct from there but let's sing the news song Regards, Mohsen
1d timeframe. A good entry point, but you have wait for bullish trend start. Exit trade at the moving average line level.
in the last idea we considered with you a triangle out of which gave us 6% profit. Now I have shown you the approximate levels for purchases
BINANCE:ETCUSD BUY ZONE: If etc close 4H candle above 23.9 you can buy If etc close 4H candle under 23.9 you can buy from 22.1 Sell targets: First target: 25$ Second target: 26.5$ Third target: 27.5$ Fourth target: 31$ STOP-LOSS: Close 4H candle under 20$ When etc get all targets i will update the new targets If u dont have etc/usd in ur platform you can buy...
Enter after Breakout
Price action in this analysis from the price bottom of ~ $13.16 on April 6, 2018 to current date has been captured in a price channel with a minute wave ((iii)) position that just ended. This implies that a correction is next i.e. Minute wave ((iv)). A guideline for the terminal point of wave ((iv)) is at the 38.2% retracement of wave ((iii)). The 38.2% ($19.89)...
My previous post on ETCUSD can be found here: Ethereum Classic’s current uptrend on the 4hr tf has been updated with the possibility of a Minor and intermediate wave degree terminating at ~$13.15 on April 06,2018, which both support the establishment of the current uptrend. The most likely target for Ethereum classic is the 4th wave of the previous degree (i.e....
The last idea we considered a short position in Ethereum Classic. We received on my the idea of +5% profit. Now consider the swing strategy. Looks like he's still in correction, I'm not so sure. But I think he'll also draw a triangle. But here I have designated it as an impulse
Making longs continuing the trend in BITFINEX:ETCUSD