ETCUSDT End of correction. Downside risksWe observe the development of the movement, when wave 2 is confirmed, the scenario acquires a high probability. Be careful with long positions
ETCUSDT.PS trade ideas
💡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 breaks a resistance line, turning bullish for a short while As we see the red resistance line has been broken, which caused a little pump today of aprox 10%.
I am expecting local resistance around the red box, and any close within this box can see a bigger volume of sellers and it may come down in price for a short while, but not for too long.
If it closes in the green box within the next three days, then there is high chance it will continue upwards perhaps to $35
ETC Update - Turning bearishAn update from the previous idea link below.
ETC has hit the resistance zones as mentioned and we will see a downward movement, as BTC is also coming down.
I do not expect the green support line on the bottom to last very long, and it will break easily if BTC keeps dumping.
ETCUSDT BINANCEEthereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.
Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.
Ethereum Classic longEthereum Classic broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 37 is possible.
ETCUSDT is testing the 4h resistanceThe price bounced exactly in the 1.127 Fibonacci Extension on 17.25$ and the market started with a triangle on 4h timeframe.
now the price is testing the 4h resistance at 24.5$ where the price got a rejection a few days ago.
How to approach it?
the price needs to have a new breakout from the resistance and retest the resistance as new support. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ETC/USDT HAS POTENTIAL TO PUMP 70%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this ETC/USDT update. ETC looks very promising here.
Long ETC/USDT
Entry range:- CMP and more up to $23.90
Target:- 70%
SL:- $22
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#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...
ETC/USDTETC / USDT
Located in a short downward channel.
On the other hand, it has been in a long-term upward channel from the beginning.
It lost its $ 24 support and pulled back.
It is expected to fall in the $ 13 range, and as long-term canal floor support loses its uptrend, it could continue to fall in the $ 7 range.
#ETCUSDT #BTCUSD #LUNA2 #LUNC #ETH
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 Long - Bullish CypherI have no idea what I'm doing with harmonics yet but this is my first shot. 1:4 risk/reward.
Short setup on ETCToday I would like to show you my setup for the short on ETC.
The entry is based on daily resistance and price action.
ETCUSDTThis analysis was performed in a weekly time frame. Given that the recent correction is on Fibonacci 61.8%, it is clear that this correction wave could be wave 2 on a large scale. So we are expected to have a big 3 wave ahead. The end of Wave 2 corresponds to Braille-August using Fibonacci time analysis.
ETC 2 positions , Short and Long , swing trade, enjoyETC 2 positions , Short and Long , swing trade, enjoy
ETC 2 positions , Short and Long , swing trade, enjoy
Ethereum Classic ETC Entry Range, Take Profits and Stop Lossall targets reached
ETC/USDT
Entry Range: $21.50 - 23.90
Price Target 1: $26.50
Price Target 2: $28.90
Price Target 3: $36.60
Stop Loss: $19.10
Ethereum Classic ETC Price Targets and Stop LossETC/USDT short
Entry Range: $46 - 50.15
Price Target 1: $39.90
Price Target 2: $32.80
Price Target 3: $25.90
Stop Loss: $53.30
Ethereum Classic ETC short Price Targets and Stop LossETC/USDT short
Entry Range: $35.90 - 40.70
Price Target 1: $33
Price Target 2: $28.20
Price Target 3: $24.50
Stop Loss: $44.40
Previews short chart
Buy opportunity on ETC on 15mwaiting for pice to drop and touch the MPL zone and then we can long (Buy) ETC on 21.50 $ .
Always look simple to chart ...
let me know what you think on comments.
