Price sharply oncoming to the level without range and kickbacks. A good signal in the price movement will be:
1. The closing price of the next day's candle is higher than the High of the previous day"s candle.
2. Candles have short shadows.
3. The price moves inside the channel, quickly overcoming the distance from High to Low of the channel.
4. The price has left...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (14.15). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETCUSDT 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.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (13.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
ETHUSDT is printing a descending triangle pattern on a weekly timeframe.
Price is testing the pattern inclined resistance.
We could see a breakout above the inclined resistance ⬆️ or a rejection of the inclined resistance ⬇️.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (5.3840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic/TetherUS (ETCUSDT) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which...
Moon, buy2 and bull signals say it is a buy. I have created support and resistance lines and the chart is currently not having momentum in either direction. Lets wait and see if any sell signals come. As always, buy at support and sell at resistance!
Hello, Traders!
Monfex is at your service and today we overview ETC/USD.
For now Ethereum Classic has the bearish divergence with RSI that can tell us about nearest target - the support zone.
First scenario:
After reach the support zone ETC will bounce up from it and break the resistance line with goal of ex-support line and MA200 also will be there....
ETC/USD looks like its completed its 3rd & 4th large degree wave, and is ready for one more leg up to complete the 5th.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
