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ETCUSDT

$ETC/#USDT [#Ethereum Classic]: SuperTrend BBand_Breakout◳◱ We've detected both a Bollinger Band breakout and a Super Trend pattern on the $ETC / $USDT chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. Our analysis indicates that the key resistance levels are at 22.85 | 24.63 | 27.67 and the major support zones are at 19.81 | 18.55 | 15.51. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision. ◰◲ Technical Metrics : ▣ Current price: 23.03 ₮ ▣ 24H Volume: 26,862,624.270 ₮ ▣ 24H Price change: ⟎ 2.629% ◲◰ Pivot Points - Levels : ◥ Resistance: 22.85 | 24.63 | 27.67 ◢ Support: 19.81 | 18.55 | 15.51 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.68 - Bullish ⟎ ▣ Reddit sentiment score is 0.32 - Bearish ⟏ ▣ In-depth ETCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF
2
✴️ Ethereum Classic Update | Stronger Each DayEthereum Classic continues its sideways consolidation above EMA100. It moved below this level for a few days and quickly recovered. The longer the consolidation period, the stronger the potential for growth becomes for the next price jump. You can look at Ethereum Classic (ETCUSDT) just as Bitcoin when it comes to its relation to the rest of the cryptocurrency market. As Ethereum Classic goes sideways, the smaller Altcoins grow. This is true also for the TOP10/20 Altcoins, as these enter a consolidation phase, together or apart from Bitcoin, the rest of the market can grow. When the TOP cryptocurrencies move up strong, the rest of the market can go sideways or retrace before additional growth. We have a strong higher low in December compared to June, higher lows lead to higher highs. This would place the bottom at the June 2022 low and thus what follows is sustained long-term growth. Higher highs and higher lows; A bull market. Namaste.
Long
by AlanSantana
3
ETC analysis, a great chance to take a long positionhello guys... let's analyze Ethereum classic! this valuable cryptocurrency touched a lot of good and important points at the lower level. so it can start to grow very well. it breaks up descending channel strongly and after that formed a supply and demand zone! from my point of view it going to reach the upper level as well, the first target is that pink area! always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
10
Downward movement can continue to the lower support areaETC has been falling in price over the past week. Selling pressure started after the $25 resistance area was reached, and short-term buyers did a lot of profit saving. Ethereum's short-term trend was the classic range, which is still ongoing. But the price hit an important support level in the $20-$20.43 range, which has created a positive reaction, and we cannot consider Ethereum Classic to be bearish until a strong bearish candle closes below the $20 range in the 4-hour timeframe. But by breaking this support, the downward movement can continue to the lower support area. So the next reaction range will be at $17.39 to $18.42. The RSI indicator is inside a descending channel on the daily time frame, which, if a positive divergence forms at the bottom of the channel, has the potential to create signs of reversal and price growth. Therefore, if we see a further price correction, we expect a stronger reaction from the second support level.
by MonoCoinSignal
5