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ETCUSDT

ETC descending channel about to popETC is showing the same pattern as last few months, when it was descending and rose +188%. Two good reasons for a bullish outlook for a +80% 1) At the orange support zone and showing strength here, it's not going lower. It used this zone last time to rise as well 2) In descending channel, that lost momentum at the same support zone as before. I recommend waiting before picking this one up. No coin is bullish even if it goes +20% in one day if and only if it breaks the patterns and forms a clear sign. Thus, neutral-bullish now. I will update this idea once it breaks and update you guys ** Check out my ETC ideas in my profile and below
by BARSTrading
✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below: Now we have four days already of prices staying above this level. When a level is conquered, the main condition for confirmation is "staying above" said level. Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave! So far we are looking great... On a drop, the relevant levels are as follows: 1- $20.90 for EMA100 and EMA10. 2- $19.50 for EMA21 and 0.382 Fib. Remember the bigger picture, we are looking good. Patience is key... Chances are we still have plenty of growth of ahead. Namaste.
Long
by AlanSantana
3
✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them. In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place. The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead. In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead. " What one does, the rest follows... " For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well. $25-$27 is the EMA300 target but there can be more. My main target from the current price is set now at $35 for a nice 65%. Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs. See the previous charts for more and 'Related Ideas; below. Namaste. Previous charts: ✴️ FetchAI | 8-Dec-2022 ✴️ Ethereum Classic | 20-Dec-2022
Long
by AlanSantana
1
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months. However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern In the current impulse growth momentum, the ETC price can reach $19.5 If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
ETC had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance. Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
by MonoCoinSignal
1
✴️ Ethereum Classic Leads The Altcoins, July 2022 Repeat, 195% PThe last time Ethereum Classic moved above EMA50 was back in July 2022 and this lead to more than 155% growth. We have the same situation now which we have been expecting and this time around we can have similar results. We are trading within a higher low which tells us of a potential higher high. The main target is set at 134% but if we get a higher high we are looking at a potential 195%+ from the current price. If we get such huge growth... This might confirm bitcoin's low. The bottom might be already in for bitcoin and this would mean that what we are seeing develop now is not only a relief rally but the start of the next bull market... Stay tuned for more. Namaste.
Long
by AlanSantana