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ETHUSDT |Night review| Will Ether cost $2,500Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 Friends, let's not look back a lot. I remember a couple of months ago I wrote that Ethereum would cost below $1000 when the price slowly went from $1300 to $870 A couple of months have passed, the price has recovered again and people's interest has reappeared in this asset ETH 2.0 updates will be released soon and before that people start buying up ETH in the hope of getting a drop, as was the case with the separation of ETH and ETC, then they also gave a drop of ETC coins The update date will take place on September 19, I think until this moment the asset will cost $ 2,500 a week before the release, there will still be a warming up of the crowd and you will see a peak!
Long
by CryptoW1neer
ETC USDT - Patience is KeySeveral weeks ago I proposed a technical analysis trade setup for Ethereum Classic. First, I analyzed to see what the regime for this asset was: Mark Up, Mark Down, Consolidation. We noted that the regime appeared to be Mark Down, and furthermore that ETC was trading in an identifiable pattern, a channel. Channels are lovely when you discover them, as they give clearly defined entry and exit zones as well as easy invalidation in the event you are wrong. On the 25th of July, as I conducted this initial analysis, two proposed trendlines were drawn. In the first example, it seemed as if ETC was at resistance and that entry at that time would have been wise. I decided to be patient however, and wait for price to prove to me that my analysis was correct. I'm glad I was patient, as ETC has seen further upside pressure. Most of this is fundamental: as ETH moves toward The Merge, miners are panicking as their cash cow is about to exit. While there is much talk about forking ETH, with one version becoming the new PoS Merged System, and the remaining one the current PoW version. However, Ethereum Classic is already an ETH-miner friendly chain. It is the original ETH PoW chain. Therefore, the idea is that many miners in anticipation of the merge will begin porting over to ETC instead. This idea seems to have merit. We now have a clash of fundamental and technical analysis. The technicals show-case a wonderful short opportunity, however the fundamentals hint that much more upside could be in store for ETC. In this situation patience is key. We need to wait for price action to show us that the selling has begun, and trigger our entry into this short position. I'm waiting for price to break down below the red zone, at which point I will enter into my short position. Targets and stop loss are clearly marked on the chart. Feedback and thoughts are much appreciated.
Short
by CrackingCryptocurrency
ETC /USDT has a nice short term setupi think that for the next couple of days ETC will move inside a 10% channel. i will enter a short around 44.30$ and i will have two take profit points at 40,25$ and 41,70$. now for the bad scenario,its not even bad,i will cut my minimal losses if a 4hour candle closes above 45,3 which is a 2,2% loss. it's not a sure move,but it is a tiny risk move,so i will use only 2x leverage this is a short term move and i believe we will soon see it above 50$ and because of that,after my take profit hits i will upload another aide for a ETC LONG this whole idea is supported by pattern,indicators and genral market conditions.
Short
by POWcharts