How to use trade prices stages with Ethereum Classic (etc.)

Ethereum Classic, also known as TT, is a cryptocurrency created by the community after the original Bitcoin division. While many investors have been attracted to Bitcoin, others have noted, etc. Due to their unique characteristics and advantages. One way to negotiate and use the price of shares is technical analysis and trends. In this article, we will examine how to use the price steps to exchange with Ethereum Classic.

Price to understand the action

Price action means moving the price of cryptocurrency over time, which is influenced by various market factors such as supply and demand, feelings and commercial volumes. Technical analysts study these models and trends to determine the trading potential. Given the etc, price stages can help traders understand market dynamics and make reasonable decisions.

Basic characteristics etc.

Before immersing the pricing stages for trade, etc., it is necessary to familiarize yourself with the main characteristics:

* Tackon name: Ethereum Classic (etc.)

* Block time: 15 minutes

* Operating costs: 1.5-2.0 Ether for surgery

* Block after: 12.5 etc. per block

* Creuser Santiah: Status requiring high calculation power

Pricing actions for trade

You will have to define trends, models and support levels / trade resistance, etc. Here are some strategies you can use:

• Middle Slice (MacD)

* Draw a MacD chain in your diagram with the short term (12-26 periods).

* Set the indicator level from 0 to 20.

* When the MacD line crosses the signal line, that is to say the purchase signal (MacD is above the signal line). Sell ​​when it crosses the signal line. In this case, if the MacD crosses zero, it is a sales signal.

• Relative force index (RSI)

* Draw an RSI line in your diagram with a period of 14-21.

* Adjust the indicator level between 20 and 80.

* When the RSI line crosses over 50 periods, it is a resale area. Sell ​​when the price touches this level. In this case, if RSI crosses zero, it is a purchase signal.

• The trend follows

* Draw two mobile averages (MA) in your diagram with different periods.

* When a shorter crossing above the long time indicates a change of trends. Sell ​​when the price touches the lower maa. In this case, if a shorter crossing below zero is a sales signal.

Example:

Here is the sample diagram, etc. Using mobile and rasi averages:

| Date | Price | MacD | Signal line | RSI |

| — | — | — | — | — |

| Monday | $ 60.00 | 0.5 | -1.2 | 30 |

| Tuesday | $ 65.50 | -0.3 | -1.1 | 40 |

| Wednesday | $ 68.25 | 0.8 | -0.6 | 50 |

Conclusion

Price action is a powerful tool to sell Ethereum Classic (etc.) using technical analysis and trends with these strategies. By defining trends, models and the level of support / resistance on the market, you can successfully make reasonable trade decisions, etc. Before executing, keep in mind any strategy to ensure accuracy.

Additional advice:

• Remember that price steps are not a guarantee of success. Trading includes risks, so it is very important to manage your expectations.

• Always define stop orders to limit potential losses.

• Observe the moods on the market and adjust your strategy accordingly.

• Follow the latest market news and changes to stay in advance.

By combining price actions with technical analysis and trends with these strategies, you can effectively negotiate Ethereum Classic (etc.) and increase your success options on the cryptocurrency market.

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