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ETCUSD

Ethereum Classic (ETC) Performance Ethereum Classic (ETC) The recent local performance of ETC has been on the rise, showing a 28% growth since October 19. However, the overall trend for Ethereum Classic remains bearish. Additionally, any downward movement in Bitcoin's chart could potentially lead to a significant decline in ETC. ETC has been trading sideways for the past two days, fluctuating between a support zone of $17.50-$17.87 and a resistance range of $18.56-$18.86. If the upward trend continues, the next targets for buyers are the $19 and $19.5 levels. Below the current support zone, buyer orders are clustered within the $16.75-$17.15 range, with an additional support level of $16.5. In the event of a correction, these levels may offer attractive opportunities for spot purchases of the asset.
Long
by DEXWireNews
Short-term support range : 16.71-17.20Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETCUSDT chart) The key is whether the price can be maintained by receiving support around 11.338-16.07 and rising above 19.45. (1D chart) We need to see if it can receive support around 16.71-17.20 and rise above 18.80. If it falls below 15.27, caution is needed as there is a possibility of a new low. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
EtcUsd potential inverted h&S formingIt seams that crypto has bottomed for the short&medium term. That would be definitely confirmed if the potential inverse h&S pattern would play out as described bellow: Etc, seams to be forming a potential, h&S pattern If this scenario will play out the first Short term-target appears to be approx 31$ Around the long-term resistance which is the upper trendline. The second potential medium-term target would then be around 50$, where the next major resistance would lie and where the inv. h&S pattern would be confirmed if there where to be a breakout above that price-zone, thus confirming a bottoming and a reversal in the market, signaling a new bull.
KRAKEN:ETCUSDLong
by samideluxe
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
ETCUSDTThe current situation of Ethereum Classic is as follows: In general and in the long term, the trend is bearish, but in the medium and short term, we have seen a strong bullish trend that brought the price from the bottom of the descending channel to the top of the channel in less than 20 days. Now we are witnessing a price decline from the top of the channel. In my opinion, the $18 price level can be a suitable area to open a long position with the target being the top of the channel. But why $18? In this area, we have both the 0.5 Fibonacci retracement level and a region with high liquidity, which I have indicated on the chart with a blue box. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
3