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ETC/USDT potential shift ? 👀 🚀 ETC Today Analysis💎 Paradisers, be alert! We've observed that ETCUSDT, amidst recent market fluctuations, is revisiting a robust support level, hinting at a potential bullish trajectory. 💎 After a swift descent, ETC touched upon its daily support. This came post its ascent above the channel, charting an upward path. However, a rejection from the overhead supply, coupled with the formation of an equal high, triggered a significant decline. 💎 Now, if the price sustains its momentum above the 14.53 support mark, we're hopeful of it targeting the upper supply zone.On the flip side, should the price of ethereumclassic dip below this support, anticipate a deeper descent. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
Long
by MyCryptoParadise_Simon
Short-term support range : 16.71-17.20Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETCUSDT chart) The key is whether the price can be maintained by receiving support around 11.338-16.07 and rising above 19.45. (1D chart) We need to see if it can receive support around 16.71-17.20 and rise above 18.80. If it falls below 15.27, caution is needed as there is a possibility of a new low. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
ETC ETC as most coins look Bullish right now I think that we can expect the coin at 22.49$ soon where I would pay extra attention on how the coin will react. If it manages to consolidate above that price, and stay above it, in this case it can go higher towards to 40.58$, where we can expect to see strong bearish reaction (n.2) Otherwise, if the coin rejects from 22.49$ in this case next important level for Bull continuation will be 19.35$ (n.1) Bullish sceanario invalidates if the coin is not managing to stay above 19.35$ in this case it may go lower or will continue its consolidation above 12.55$ price level
Long
by vazitrades
ETC/USDT 12.10.2023 Review ChartHello everyone, I invite you to review the ETC chart in pair with USDT, on a one-day time frame. First, we will use yellow lines to mark the triangle in which the price is approaching the exit and the direction of movement. Going further, we can move on to marking support areas when we start a larger correction. And here you can see a strong support zone in which the price is currently close to the lower border of the zone ranging from $19.64 to $12.60, but when we break out of it, using the trend based fib extension grid we can determine a second smaller zone from 9 $.61 to $7.48. Looking the other way, we see that the price has a significant resistance zone from $25.18 to $29.09, only when it overcomes it will it move towards the resistance level of $33 and then $38.62. Please look at the CHOP index, which indicates that there is still energy in this movement, the STOCH indicator shows exhausted energy, which is also confirmed by the chart, while the RSI indicator shows a strong rebound, but with room for the price to go slightly lower.
by cryptodailyuk
ETC/USDT 4HInterval ReviewHello everyone, let's take a look at the ETC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Trend Based Fib Extension grid, we see that the first support is at $15.44, and then we have a support zone from $15.19 to $14.98. Looking the other way, we will check the resistances in the same way and the first resistance is at $15.65, then the second resistance at $15.96, the third at $16.20, and then there is a resistance zone from $16.44 to $16, $79. Looking at the CHOP indicator, we see that there is a lot of energy to be used, while the STOCH indicator approached the upper limit, which resulted in a change in the price direction with room for further decline.
by cryptodailyuk
2
No One Is Noticing This Massive Price Reversal Setup Of ETCHi friends hope you are well and welcome to the new update on Ethereum Classic (ETC). Before starting the analysis of ETC, I would like to share with you my most recent trade signal for Ethereum Classic, which I shared on 21st Sep 2023. That was a harmonic bullish reversal BAT move, which ETC formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move. Formation of huge wedge: On a weekly time frame, since May 2021 to March 2022 Ethereum Classic was moving in a very falling while wedge pattern and finally in the second week of March 2023, it broke out this big wedge, but got stuck inside in another falling wedge pattern, which was bigger than the previous one. Broke several wedges and the formation of channel: While moving inside the bigger falling wedge pattern, the priceline of ETC has been breaking out different other patterns as wel. In the below chart, it can be clearly seen that in the month of July 2022 it broke out another falling wedge and then formed another falling wedge and broke it out in the month of January 2023. Now it has formed a down channel and moving within the bigger falling wedge pattettern. Targets: As the down channel is considered a bullish biased move, therefore, there is a very high probability that the priceline may break out this recent down channel rather than breaking down the support. Now if we take a look at the targets, then the target for the channel’s breakout will be approximately 25 dollars, which is the top of the channel, and if the price and reaches there then it can also breakout the bigger falling well, and the target for the bigger falling is $75. And there is a big move still due, which is the target of the falling wedge breakout which was happened in the month of Mar, 2033, and this target is between $180 to $200. Conclusion: On a weekly time frame chart, ETC is continuously forming bullish biased patters, therefore, there is a very high probability that the priceline may soon break out the bigger falling wedge pattern for a very massive and long term rally. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Trading Opportunity: ETC/USDT😱 Ethereum Classic is a blockchain platform that provides decentralized smart contracts. It emerged as a result of a contentious hard fork from Ethereum (ETH) in 2016. ETC aims to preserve the principles of blockchain immutability and decentralization. 🟢Green Entry Zone: 14.72 - 16.60 🚀 Targets: Target 1: 17.99 Target 2: 19.50 Target 3: 21.35 Target 4: 23.25 🔴 Stop Loss: 11.22 📢 Trade Alert: Ethereum Classic (ETC) has caught our attention! With its unique blockchain philosophy, ETC offers a compelling trading opportunity. 🔍 Before you proceed, remember to exercise caution and conduct thorough research. Cryptocurrency markets can be highly volatile, so managing risk is crucial. Good luck with your trading! Your Kateryna💙💛
Long
by RocketBomb
3
ETC/USDT 4HInterval ReviewI invite you to review the ETC to USDT chart. First, we will mark the downward trend lines with a yellow line, below which the price moves. As you can see, the exit from this line was not maintained. At this point, the blue ema crosses the 200 line, which pushed the price back into a downtrend. Moving forward, we can move on to marking out areas of support as we begin a larger correction. And here we have a visible support zone from $15.36 to $14.92, then we have support at $14.30, and then support at $13.50. Looking the other way, we see that the price has fallen through the resistance zone from $15.81 to $16.41, then we have resistance at $16.60, and then resistance at $17.21. Please look at the CHOP index, which indicates that the energy of the downward movement has been exhausted, the RSI is recovering but there is room for the price to fall, while the STOCH index has also rebounded but there is still room to fall.
by cryptodailyuk
Finally time for ETC?I posted a chart about a month ago about the ETC chart looking like it's about to make a big move. However, I said the move was invalidated as I think I got my timing a bit off. However, now looking at the chart again, it looks like it's about to make a massive move higher. COINBASE:ETCUSD has been moving in a downtrend under the blue trendline since August 2021. Once it breaks that trendline (which it looks like could happen in a matter of days/weeks), it should make a huge move higher. First target would be $67.9 and if it can flip that level, the next level would be in the $90s. 3x-5x move with limited downside here. I'd set a stop under HKEX:20 if you were to take the trade.
COINBASE:ETCUSDLong
by benjihyam
15
ETH/USDT Technical Analysis: Potential Bearish Signal with H&SETH/USDT Technical Analysis: Potential Bearish Signal with Head & Shoulders Pattern Current Situation: At the time of writing, Ethereum (ETH) is being traded at approximately $1853. A notable pattern that has emerged in the higher timeframe (HTF) charts is the Head & Shoulders pattern, a classic bearish reversal formation. While this pattern might raise concerns about a potential downward move, it's essential to remember that trading decisions should never be made solely based on a pattern. Prudent traders wait for key levels to be breached before making any moves. Pattern Analysis: The Head & Shoulders pattern consists of three peaks: a higher peak (head) between two lower peaks (shoulders). In this case, the pattern seems to be forming in the HTF charts. The pattern's neckline, a support level that connects the lows of the two shoulders, holds the key to potential movement. Trading Strategy: As a responsible trader, it's crucial to avoid jumping to conclusions based solely on a pattern. Rather, focus on key levels to confirm or invalidate potential scenarios. Bearish Scenario: If the price of ETH/USDT breaks below the neckline support at the $1760 level, this could trigger the bearish aspect of the Head & Shoulders pattern. In this scenario, we might see a price decline towards the $1432 and $1140 levels. These levels are potential support zones where buyers might become active again. Bullish Rejection Scenario: Conversely, if the price manages to break upwards past the $2050 level, the validity of the Head & Shoulders pattern could be rejected. In this case, we might witness a bullish move, potentially propelling the price towards the $2500 level. Support and Resistance Levels: Support: $1760, $1432, $1140 Resistance: $2050, $2500 Remember, trading is subject to market risks, and past performance is not indicative of future results. Always exercise caution and perform thorough analysis before making any trading decisions. Follow us for More Quality analysis. Thank you.
Short
by CryptoPatel
ETC/USDT WHAT NEXT ?👀🤷‍♂️ETC Today Analysis💎 ETC is primed for an intriguing move as it has impressively tapped the Bearish Order Block (OB) twice. 💎 Currently, SET:ETC trading in a demand area, and we anticipate the price to retest the OB once more. 💎 Notably, the first bounce faced strong rejection, and the second bounce appears weaker, signaling that the price might ascend again. 💎 Volume also displays significant spikes, confirming a high probability of upward momentum. 💎 Another factor to consider is that if the price breaks the critical point,EthereumClassic could experience a downward move 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon