Ethereum Classic ETC will rise again! first target 169 then 180!Hello traders,
You see here a 30 minute chart of ETC Ethereum Classic. This is update from my previous analysis on ETC.
I see ETC moving back up towards our first target 1 of the previous analysis at 169. After that the all time high will come back into view at 180 USD.
Please note the inverted head and shoulder formation on this short timeframe!
Volume is currently still low but these coins like to retest old tops.
For the medium term, I remain bullish on Ethereum Classic. There is simply enormous interest in this coin and we can already see this from the massive volume seen during the rise.
Keep a close eye on the support levels and place stops to protect your capital.
Please keep in mind that the neckline of the inverted head and shoulders formation has been broken and will almost sure retest but then ETC is ready for the targets 169 and 180!
Happy trading!
This view of Ethereum Classic is purely my own opinion and absolutely no investment advice. Always do your own research before making a trade.
ETC-USDT
ETHEREUM CLASSIC ETC - New much higher price targets 169-218-270Hello traders,
Here is a new and updated analysis of Ethereum Classic( ETC-USDT ) on the 30 minute chart.
We have a superb rise last days and my targets where hit even sooner than I expected. I predicted before 10th of May 127 USD but it happened already today on the 6th of May.
Note that the volume is still very high which is a very good sign at this moment.
I see still higher targets for Ethereum Classic but be aware to place your stops because with such a parabolic rise Ethereum Classic ETC can also easely pause the uptrend for a while or have a correction when volume dries up and there is no demand anymore.
Therefore here the new targets and support for Ethereum Classic are now:
-> Target 1 169 USD
-> Target 2 218 USD
-> Target 3 270 USD
-> Target 4 300 USD
Support for ETC is now at 147, 137, 127 and 119 USD.
The market is very volatile so good stops in strategic places are needed to protect profits.
Discalaimer: this is not a trading advice but purely my personal view on this fund.
ETHEREUM CLASSIC (ETC-USDT)- LONG Hello traders,
Here is a new analysis of Ethereum Classic(ETC-USDT) on the 8 hour chart. ETC has had an impressive rise recently.
Etherum Classic broke out on high volume above the old all time high. Therefore, this rise also seems to me to be sustainable for the longer term.
The RSI is currently at a very high level so it remains to be seen whether we will continue to rise immediately. Possibly we will get a negative divergence after which a correction will take place or the high level of the RSI will cause an earlier correction.
The targets for Ethereum Classic are now:
-> Target 1 88 USD
-> Target 2 127 USD
Support for ETC is now at 63, 55.50, 48.80. A very important support level is at 44.27. I remain bullish above this level but below it we can further correct to possibly the bottom of the rising trend channel. This is of course also a perfect Low Risk Reward buy after which you can calmly wait until the top of the channel is hit again.
The longer trend is up untill we are not in a rising trendchannel anymore. Very important is to determine your trading time frame! A trend on the 1 hour timeframe can be down while on the 8 hour time frame it is up.
The market is very volatile so good stops in strategic places are needed to protect profits.
Discalaimer: this is not a trading advice but purely my personal view on this fund.
🔥 ETC Bullish TriangleWith BTC rising rapidly, big cap alt coins are following suit. ETC's rise has formed a nice bullish triangle for us to trade.
ETC saw immense gains only a couple of weeks ago. Two weeks of being relatively quiet might actually signal a boom in price soon.
If bullish pressure remains, we might form a new ATH in the near future.
Happy trading!
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
Experience a good climb price and rest in an ascending triangle and we expect it to touch the marked targets after exiting and stabilizing above the triangle.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Make or break coming soon for ETC/USDTStrong Bull and Bear lines are on track to intersect in the coming time. It could either result in a new High for ETC or a huge dip depending on the market strength.
An entry with a smart Stop Loss could be an interesting move.
NOT INVESTMENT ADVICE.
SIMPLY ANALYSIS.
💡 Don't miss the great buy opportunity in Ethereum ClassicTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (5.3840). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic/TetherUS (ETCUSDT) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 6.3305
TP2= @ 7.1355
TP3= @ 8.2862
TP4= @ 9.4452
TP5= @ 11.1115
TP6= @ 13.2185
SL= Break below S2
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[$ETC] Vision CT Ethereum Classic - Fork comingBonjour à tous,
Le graphique parle de lui même :)
On vise un retest de la Kijun Weekly et avec l'événement du Fork arrivant, certains investisseurs pourraient spéculer à la hausse le prix de l'$ETC.
Cela correspondrait à la borne haute du canal haussier depuis le krash du 12 mars !
Un target vers 8$ - 8,50$ permet de proposer de beaux gains en cas de succès.
Le $BTC est revenu après une belle impulsion hier et semble corriger , à voir où nous retrouvons de la liquidité!
Comme toujours , trade safe , stay safe !
ETC - if things dont go to planStudying price action and patterns similar to my ZEC analysis i have found similar movements forming in ETC vs the Dollar. we have had a very impulsive move up here and its more than possible the target price is broken and continues to climb; like historically happens in crypto. however we have to be aware of downside potential, and profiting from this if the long term charts begin to show a distribution pattern.
A break above the red target would indeed indicate a further bullish leg for ETC. otherwise ill be holding tight and filling my bags at bargain basement prices, Green lines. crypto is under a stage of euphoria at the moment due to a sudden dramatic correction, so its anyones guess where this could go - hence leaving the chart set as neutral incase things pan out according to my previous ETC chart target levels.