🔥 ETC Moving To Bear Market ResistanceETC is one of the many alts who's currently underperforming the market. However, that doesn't mean that there's not trades to make.
I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
Etc
ETC/USDT - Ethereum Classic: Trend_Reversal◳◱ Hey traders, A Trend Reversal has been identified on the SET:ETC / CRYPTOCAP:USDT chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 21.48 | 22.39 | 24.13, while the main support levels can be found at 19.74 | 18.91 | 17.17. Consider buying at the current price of 21.14 and benefiting from the trend continuation.
◰◲ General info :
▣ Name: Ethereum Classic
▣ Rank: 25
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum Classic is a decentralized computing platform designed to execute smart contracts, which are applications that run as programmed without the possibility of censorship or third-party interference. It is a distributed network consisting of a blockchain ledger, a native cryptocurrency (called ETC), and an ecosystem of on-chain applications and services. Ethereum Classic is the legacy chain that split from Ethereum following a contentious hard fork, known as The DAO fork, in Jul. 2017. Like its sister chain, Ethereum Classic features an execution engine optimized for smart contract processing (known as the Ethereum Virtual Machine or EVM) and a Proof of Work (PoW) consensus system. While it shares some aspects with Ethereum, Ethereum Classic offers a more defined monetary policy and inflation schedule.
◰◲ Technical Metrics :
▣ Mrkt Price: 21.14 ₮
▣ 24HVol: 15,065,869.507 ₮
▣ 24H Chng: 4.241%
▣ 7-Days Chng: 0.07%
▣ 1-Month Chng: 12.12%
▣ 3-Months Chng: 3.06%
◲◰ Pivot Points - Levels :
◥ Resistance: 21.48 | 22.39 | 24.13
◢ Support: 19.74 | 18.91 | 17.17
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.91
▣ Last 90D: 0.49
▣ Last 1-Y: -0.11
▣ Last 3-Y: 0.97
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.69
▣ Last 1-Y: 1.11
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.67 - Bullish
▣ Reddit sentiment score is 0.75 - V. Bullish
▣ 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!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ETC/USDT will soon present a buying opportunity."Etcusdt
The price of ETC/USDT might go up soon because it's forming a bullish Symmetrical pattern on the daily chart.
But on the 4-hour chart, there's a bearish pattern which suggests the price might drop before going up. it's possible that the price could drop more before going up.
"I am expecting a small price drop at the moment, and my preferred buying zone is the area that I've marked on the chart."
Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
Cocos Getting ready for Another Bullish impulse Testing trendline In h4 Timeframe Incase Of Breakout expecting 30 to 35% bullish Move
look for buying opportunities after breakout
ETC IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ethusdt Looks Promising For Midterm Seems Like Eth Is Ready For Massive Recovery In Coming Weeks
Descending Broadening Wedge & Symmetrical Triangle breakout Has Already Confirmed In 2days Timeframe Expecting Massive Bullish Moves In coming Months
our 1st Target would be 2300 2nd 3400 3rd & Final Target will be 4600
✴️ Ethereum Classic Update | Long-Term GrowthSomething is happening here with the Ethereum Classic chart that reveals a bright future.
Notice that back in July 2022 ETCUSDT only lasted a few days above EMA100 consolidating before moving forward.
This forward move was then followed by a strong correction which ended in a higher low.
This time around things are much difference.
Ethereum Classic consolidated above EMA100 but failed to move ahead, it went on to produce a correction yet still, within short-term and long-term higher lows.
This is a revealing fact.
We might be looking at the last time that Ethereum Classic will be available at these low prices in its existence.
For example, $12.5 USD as in June 2022 is already forever gone.
The longer a pair consolidates, the stronger the breakout.
The next time ETCUSDT moves up and peaks, instead of a strong correction to produce a higher low we can end with a long sideways consolidation phase before the next bullish jump.
Or the consolidation can have a downward slope as in a falling wedge pattern but still remaining multiple levels higher compared to now and then growth.
And this cycle repeats over and over for years to come.
Namaste.
RLinda ! ETCUSD->Attempting to break through years of resistanceETC Etehreum classic breaks through the strongest resistance line, which has been holding back the price for several years. If this attempt is successful, then in the medium term, the coin can make the growth of 60%, 120% and 160%. What's next?
ETCUSD stopped its fall in the support area at 12.0-16.0 and the price gained some energy and potential to grow, which might burst out soon.
The key resistance zone is 22.00-23.00, if the price remains above this area, it will open the way to 36.00, 48.00 and in the long term it might reach 54.00 .
Sincerely R.Linda!
✴️ Ethereum Classic Next Target Mapped Series ($32 to $42 Next) This is another one of the top Altcoins that I've been tracking/reading for you since November 2022.
We also did great with Ethereum Classic back in June/July before I stopped writing. This one generated great profits and it was my first DEX trade.
The next and easy target is set at $32 but it can go higher, much higher.
The downtrend for ETCUSDT ended December last year.
This is followed by a bullish breakout #1.
The breakout is followed by a correction, which is normal, and this correction ends in a higher low #2.
#3 Is the next leg-UP!
$32 Is just too easy and so we are going with the 2.618 Fib. extension for this one and that's $42 as the next target.
This is mid-term.
✔️ Mid-term for us means within 1-3 months.
✔️ Short-term within 30 days.
✔️ Long-term can be 3-6 months or everything 6+.
After our target is hit we will get another correction.
Remember that it can go much higher or a bit lower than what we see on this chart.
The next major correction should end in another higher low and then a long period of consolidation, we will have to wait and see.
But the low was set last year, the rest is long-term growth.
Higher highs and higher lows.
Thank you for reading me.
Thanks a lot for your continued support.
Oh wait! The invalidation point is December's low.
If prices go below this level this chart analysis becomes invalid and a new one is needed.
All trading above this level and the bullish potential remains intact.
Patience is key.
Namaste.
#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%.
We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming!
We don't see massive gains on this one, but 10% is 10%!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
eth is stuck in the trianglehello guys...
I know it is boring but I should publish this analysis.
eth has two big problems that prevent it from moving!
The long-term downward trend line has prevented price growth at this point.
The short-term downward trend line has been broken and is interested in price growth.
from my point of view, it is going to stick therefore, it will have a mid-term range. be patient dear!
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
short trem EtcIn the chart, we can see that the price after growth with the momentum that has reacted to the resistance range and is very tight and in the form of Cp is undergoing a downward correction. Currently, the price has reached the support range of $18, and the liquidity before this range has also been collected, and if you see a trigger at this level, you can enter the buy buy position. If this level is lost, the $16 support area becomes an important support for pricing and is very suitable for taking a buy position. Be sure to keep an eye on it
🚀 ETC: Big movements!The level of $19.26 has been worked out. Congratulations on your profit.
The level of $20.16-20.40 is an important resistance. By the way, notice how earlier this level worked as a strong support.
Orange lines are our support levels.
See what the resistance levels are based on. These are shelves by volumes + fibo levels.
ETC CAN DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SHORT/LONG the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🚨 ETC: What will happen next?So, now it is very important to watch the $20 level. This is a key support and we cannot break below it with the body of the candle anchored below the level.
If we break through this level, we will see the continuation of downward movements.
The orange lines are our supports.
From them I will enter the long. But the first level of $19.26 is very risky. And in general, with downward movements, our longs will be against the trend, so I will trade a reduced coin volume.
RR 1.5-2. That is, the take is 1.5-2 times larger than your stop. The risk from the deposit on such transactions I usually have 0.3-0.5%.
Resistances are marked with red lines. Important levels that need to be broken for continued growth: 21.42- 22.33$.