ETC near long term support#ETC/USDT
$ETC is dropping to touch middle line of descending parallel channel that is the same with long term support zone between $15.7 and $13.5 and weekly descending support line.
🐻 breaking down from middle line can drop price to support zone around $7.5 and even more dip to lower line of channel around $4.
🐮 holding support zone and rejection from middle line of channel can help bulls start a rally to upper line of channel and break out from upper line will increase price to weekly descending resistance.
Etc
ETC for the win and post-merge hash rateSuper bullish on ETC. The simple fact is that all of the mining hardware of ETH post "POS" needs to be relocated and ETC is likely the easiest home for all of that Hashrate. DCAing in this area for sure but don't take my word for it, This is not financial advice. The price action is now at a sliding parallel and looking for something interesting around the next reaction line. Loading the bags ...
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 74.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 76.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETC double top#ETC/USDT
$ETC shaped double top pattern, and dropped to ascending support that is the same with neckline of double top.
🐻 if bears success to hold the resistance and break down from ascending support, price will drop as high as top to support zone between $19 and $17.5.
🐮 but if bulls overcome the battle and break out resistance zone and descending resistance, price will going to continue its rally.
#ETC/USDT 12HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this ETC/USDT 12chart analysis.
#ETC/USDT LONG TRADE SETUP (SPOT CALL)
ENTRY:-$21.90,$22.60
TARGET:-100%
STOPLOSS:-$19.58
As we can see from the above-mentioned chart that ETC usdt is currently trading inside the falling expanding channel pattern which is a bullish pattern.
Here ETC needs to break above the upper trend line resistance to get Ito the bullish mode.
We can see ETH pumping upward towards the price level of $45 in the upcoming months.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Death Cross Forms on Ethereum Classic Daily ChartEthereum Classic (ETC) printed the death cross signal on the daily chart, which is a warning signal that calls for more downside. The death cross signal occurs when the short-term 50-day simple moving average crosses below the long-term 200-day simple moving average.
Death Cross Signal
The last time the death cross signal occurred in October 2021, ETC fell by 62%. However, the last 3 times that ETH saw the death cross, it acted as a contrarian signal. On average, the death cross signal has triggered around a 30% sell-off before bouncing back. A 30% sell-off could send ETC's price down to around the $14 level.
In the short-term, ETC’s price is facing resistance between $24 and $26. Simultaneously, the RSI oscillator is also approaching the 50 mid-level. Therefore, if the RSI oscillator is able to break above the mid-level 50, bullish momentum may come back to the market.
Other Side of the Coin: On the flip side, a daily break and close above the $24 - $26 resistance zone could open the door for a retest of the 50-day SMA, which currently falls at $29.70. Further to the upside, the next major resistance comes around the $37.50 level.
ETC BTCThe currency market is in recession due to the global recession and the Russian war. On the other hand, Bitcoin has not yet found its place in the world, although I believe that Bitcoin is the only way out of the global recession due to its structure and up-to-dateness. We will eat why we did not take this wealth seriously. The Atrium market trend is directly related to Bitcoin, and Bitcoin with its micro will see the price of $ 19, respectively, from today, and will see a correction up to the range of $ 24 and then probably $ 28. And it will continue to fall and stabilize below $ 19 and then move to $ 13, and if this happens, Atrium will continue to decline and the market will be out of its original price for a short time and all market participants will be afraid. The world news will take everyone to talk about biting ridicule, but the active scientists of this field will come in and face interesting platforms and will prove bitcoin and atrium by fighting against some rulers and policies, and again the rapidly growing movement and people The world will see the only way forward in the economy of using blockchain and witness it every day We will be a large shopping queue and this is where market participants will create a new phenomenon in the world for the people of the world. Of course, this process takes 3 years, which is not far from the mind. And daring to stay in this market will be the main winners
ETC/USDT Secondary Trend Pivot Area Triangle 327 (pennant)Huge pumping +3100% c accumulation (fractal repeat 2017 May). Rollback. Which formed a triangle with the base of 327% (potential upward pennant) in the case of a breakthrough resistance and upward price exit to the upper boundaries of the channel. Zones of levels to work showed on the chart.
The work is acceptable to traders (sham traders are not allowed as on DOGE). Tool for super profits smart people (partial reset with gift zone holding). Newcomers to trading or those people who even in the bull market manage to lose - find another tool to work with. Traders can make a lot of money.
Coin in coenmarket : Ethereum Classic
The main trend of this coin right now .
ETC/USDT Main trend.Triangle. Psychology. Pamp
[ALTCOIN]ETCUSDT TREND LINE ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
Candles continue to fail to cross the blue downward trend.
It is stable only when it rises above the white upward trend.
ETC is one of the few coins with very good angles to any line.
I think it will definitely go up even if I check the floor again.
[ALTCOIN] ETCUSDT TREND LINE ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
As you can see from the chart, once the rise begins, moving at a high angle comes out.
It is going up along the yellow sharp upward trend, but if it breaks, it can check the green support line one more time and go up.
If you want to go up from your position now, you have to break through the downward trend of thick blue and rise above the upward trend of thick white.
If the decline continues, it will fall to the angle of the red downward trend.
ETC 30 - 40 % potential long setup !hi !
I hope you are doing well my friends.
.....
( bullish signs )
1. price tested the trend line
2. get close to 23 level support
3. RSI got oversold
4. Bullish hidden divergence/divergences
5. also volume is very low and there is no seller anymore.
the target is around 38 $ which is more than 30 % profit.
.....
this is how I would like to enter trade
4h chart
after breaking the trend and retest on it
.....
not financial advice !
please , share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.