ETC is testing the resistance lineETC in pair with USDT, testing previously broken resistance. Holding it may be a good entry into long positions, with a potential increase to around $38.
More explanation in the chart :)
ETCUSDT.PS trade ideas
it is beautifultwo pattern ... exit from first blue pattern was good...
now we saw the scape from 2nd. green pattern.
ETC buy setupOn the ETC chart, after a BOS, iBOS and iCH, we have a bullish view on this symbol.
The Demand range is the right place to enter a Buy/Long position.
I specified the targets on the chart.
Closing a daily candle below the invalidation level will invalidate our view and invalidate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
ETC/USDT Break Alert! Indicating Upward Momentum after retesting💎ETC has recently experienced significant market dynamics, breaking out of a key resistance level area.
💎 There's potential for the price to undergo a retesting phase before continuing its upward movement, probability of reaching our target area.
💎 However, if during the retesting phase, ETC fails to bounce or even breaks down below the support level, it could indicate a false breakout. In such a scenario, the price may revert to a downward movement, with the next potential stop being the demand zone around the $28 area.
💎 It's crucial for ETC to bounce at the demand zone and reclaim the price above the support level if it intends to sustain its upward momentum. Failure to do so could result in further downward movement for ETC.
ETC/USDT It required Bounce from the support to continue upward!💎 ETC has recently displayed significant market dynamics. Currently situated in the support area, which previously acted as resistance, ETC's movement hinges on the validity of the ongoing retesting phase.
💎 A successful bounce from this support level would signal a continuation of the upward trajectory, targeting the next milestone at the supply area of 27.80. The supply level holds critical importance, as a successful breakout would probability pave the way for a smooth movement toward our ultimate target in the robust resistance zone.
💎 However, a failure to bounce from the support area and a subsequent breakdown would confirm a false break, prompting a shift back to bearish sentiments. This reversal could initiate a downward movement towards the demand area.
💎 Bouncing from the demand area becomes imperative for ETC's journey towards the target. To sustain the upward momentum, ETC needs to break and reclaim the area above the support. Failure to achieve this would result in a continuation of the downward movement, retracing back to the formidable support area.
Ethereum Classic / USDT - Crossroads
1: weak momentum + far away from 200 MA
2: above VWAP
if price break and hold 27.75 target will be 32.4
if price go down and break VWAP + 26.5 level target will be 23.5 and 200 MA
ETC ANALYSIS🚀#ETC Analysis : What Next ??💲💲
✅️As we can see that there was a formation of Descending Triangle Pattern in #ETC and given a breakout and also the breakout of major resistance area and gave us a bullish movement. Right now #ETC is trading above its major reissue area. We are expecting around 40-50% bullish move 📈📈
🔰Current Price: $25.81
🎯 Target Price: $39.11
⚡️What to do ?
👀Keep an eye on #ETC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ETC #Cryptocurrency #TechnicalAnalysis #DYOR
ETCUSDT short term low chance possibility of momentum ignitionHello Everyone,
This is a risky but highly profitable (good R:R) trade for etcusd / etcusdt pair.
ETC has a chance to ignite a momentum if it has volume spike above 27 USD, triggering massive cascading liquidation event to the upside.
Overall market is bearish but we are in the final part of the pre-dump.
This is when majority of alts will try to exit scam, etcusdt is one of them.
MARKET BUY at 22:00 UTC 21 - 02 - 2024
Until then limit buy from 25 to 25.5 with 0 issues.
Good luck everyone!
ETHEREUM CLASSIC BEARISH FRACTAL DETECTED A formation present previously on the daily chart shows a high possibility of a cascading liquidation event on ethereum classic aka ETC
This might bring us sub 20 usd prices.
Good luck.
ETC Don't Miss Out! Grab the Bull by the Horns and Invest Smartl## Ethereum Classic (ETC) - Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Launched:** July 2015
* **Network:** Blockchain
* **Purpose:** Smart contract platform, decentralized applications (DApps)
* **Key differences from Ethereum (ETH):**
* Maintains original Ethereum blockchain history
* Focuses on immutability and code is law principle
* Different technical roadmap
* **Current price:** $26.07 (as of 2024-02-18)
* **Market cap:** $3.79 billion
* **Rank:** #25 (CoinMarketCap)
* **Circulating supply:** 145.6 million ETC
* **Max supply:** 210.7 million ETC
**Recent News:**
* **ETC Cooperative raises $20 million for development:** February 2024, the organization supporting ETC development secured funding for ecosystem growth.
* **ETC Labs launches Mantis wallet:** January 2024, a new non-custodial wallet specifically designed for ETC users.
* **ETC integrates Chainlink oracles:** December 2023, enabling access to secure off-chain data for DApps built on ETC.
* **Concerns about network congestion and scalability:** Ongoing discussions within the community about potential solutions.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency prices are volatile and can fluctuate significantly.
* Investing in any cryptocurrency carries inherent risks.
* Do your own research before making any investment decisions.
**Additional Resources:**
* Ethereum Classic website: (ethereumclassic.org)
* CoinMarketCap ETC page: (coinmarketcap.com)
* Ethereum Classic News: [ ]( )
Please note that this summary is based on information available as of February 18, 2024. I encourage you to stay updated on the latest developments by following the resources listed above.
ETC/USDT 1D Long-Term CHartI invite you to review the ETC chart in pair with USDT, on a one-day time frame. First, we will use the yellow line to determine the main upward trend line. However, using blue lines locally, it is worth marking the local upward trend channel in which the price is currently located.
Moving on, we can move on to marking the resistance points. And here, after unfolding the Fib Retracement tool, there is significant resistance at the level of $28.39, and then the price must face a strong resistance zone from $30.17 to $32.44.
Looking the other way, we can see that there is support at the level of $23.68, then there is support at the level of $21.33, and further there is support around the level of $18.33.
When we look at the RSI indicator, we can see that we remain in the upper part of the range, but with room for price increases, while on the STOCH indicator, we are bouncing off the upper limit, which could potentially provide a rebound, but the current BTC increases keep the market in the growth phase.
ETC is pumping. Here is why and where to take profitETC is pumping, as we can see. I want to inform you that this uptrend should continue, and another 128% is likely in the next few days / weeks. Take profit at the 0.618 FIB, which is always a strong resistance. If you think ETC is going to go much higher, you can take profit at the previous major swing high. But to me, ETC is bullish, and the downtrend has ended. We see that we had a pretty long accumulation phase by whales as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Ethereum 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. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
ETC Price PredictionI am bullish on this coin.pls save some profit after reaching t1 and put sl at entry.
ETCUSDT - based on current chart structurethe original idea about ETC USDT on my profile is still and will continue to be valid IMHO. however, meanwhile, i am trying to analyse what could be the possible play in short term timeframe. 4h timeframe appears to mimic a similar structure we saw back in 2018 for BTC USDT.
ETC/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the ETC chart in pair with USDT. First, we will use the yellow line to determine the downward trend from which the price went up and created a local upward trend channel.
Moving forward, we will mark support places. And after unfolding the Fib Retracement grid, you can see support at $23.76, which has held the price several times, then there is support at $21.34, and then you can see strong support at $18.30.
Looking the other way, we see that the price is testing the resistance at $25.83, then there is resistance at $28.40, and then there is a strong resistance zone from $30.22 to $32.50.
There is a visible downward movement on the RSI indicator, but there is still room for growth, while the STOCH indicator also remains at the upper limit, which may potentially result in a price drop.
ETC to 125 $ .. Very Soon 🔥🔥this chart is based on Elliott wave theory and also according to DAW theory .. chart repeat it self again.
if you looking to the chart you will find that we are going to repeat the same move to go to 125$ at least
Targets:
🎯1st Target: 44 $
🎯2nd Target: 65 $
🎯3rd Target: 83 $
🎯4rd Target: 116 $
🎯Final Target: 125 $
ETC Price ChartThe price chart for Ethereum Classic BME:ETC appears promising. Once it confirms a breakout from the marked blue zone, it could signal a good entry point. It's essential to use a stop-loss for risk management.
Everything is on the chart
ETC/USD Local work.Logarithm. Time frame 1 day. Local work.
Line chart.
Secondary trend. Time frame 3 days.
ETC/USD Secondary trend. Downtrend channel. Pivot zones.
Main trend. Time frame 1 week.
ETC/USD Main trend. Channel.
ETC/USDT | EthereumClassic |1D 👀Today, we'll consider adding a dinosaur of the market to the portfolio:
1. An old fork of Ethereum, which has faced many issues since 2016 but has nonetheless survived.
2. This clearly isn't the coin that will bring you tens of multiples, but it's worth noting that during the last bull run, the asset was priced at $130.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of EthereumClassic. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #EthereumClassic #Investing #ETC
ETCUSDT - BULLISH CONTINUATIONETCUSDT came out of its bearish trend when it printed first HH and HL on Hrly TF. It has again printed HH and HL and no divergence is seen. Its likely that trend may continue so long positions may be looked for.
Ethereum Classic: Grayscale's Hidden Gem Ready for a Bull Run!Hello, crypto enthusiasts! Today, we're focusing on Ethereum Classic (ETC), a coin that's been quietly preparing for a breakout.
ETC has a unique position in the crypto market, largely due to its significant backing by Grayscale, one of the largest digital currency asset managers. Grayscale's Ethereum Classic Trust is its third-most valuable single asset trust, holding more than $280 million worth of ETC. This represents a substantial institutional backing that could potentially attract more investors to ETC.
What's more intriguing is ETC's historical performance during bull seasons. If you've been in the crypto space for a while, you might have noticed that ETC tends to pump quickly and significantly at least once every bull season. This pattern, combined with the current market conditions, suggests that ETC could be gearing up for another impressive run.
Looking at the charts, ETC is showing promising signs. The technical indicators are bullish, and the price has been stable above key support levels. This, coupled with the fact that ETC has been quiet for a while, could mean that a sudden takeoff is on the short-term horizon.
#1 Ethereum Classic. The strong follower.ETC/USDT
Ethereum classic is holding above the big support zone of $23.60 as long as the price is above that region, the move is to the upside.
We might see a sky rocket on it, that's what I am actually expecting, but anyway, an uptrend move has to come, EMA's are positioned well for an uptrend move.
Do not forget, ETC is very good for long term.
A KEEPER.
ETC USDT PHello Trader BINANCE:ETCUSDT.P
The nearest support area is in the 22,996 area and when the bounce area is confirmed, it can be sure to bounce back from the area and continue bullish again.
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Disclamer: Not Financial Advice
