Etc
ETC (Ethereum Classic), wait for the price to get out of range !hey yall ,
so as yall see , ETC is repeating the last pattern . if you look at the pattern , you'll see that price started huge elliott waves after getting out of range . then we had ABC correction waves . NOW , time for what ?
in my opinion , the best time to buy is when the price got outta range . why ? I'm saying that due to our last pattern . what are the targets ? first target is ATH , after reaching it , I'll keep yall updated on that .
after breaking above the channel , huge waves will be expected . if you put ETH and ETC charts near each other , you'll see that ETC always starts to rise few months after ETH , but with a faster pace . so don't worry about ETC being neutral now while other coins are reaching their ATHs .
so I guess let's just wait !
Ethereum Classic surely has a bright future !
if you liked the idea , give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
also tell me your opinions on this idea in the comments .
Good luck .
Eth Classic charging towards $62.39 before Tuesday.BITFINEX:ETCUSD Looks to be in very healthy shape to make a move up towards the $62usd level within the next few days. We appear to have come down and tested resistance on the daily (yellow) and have also bounced off of the diverging RSI trending (green) towards our upwards target. In order to maintain momentum and reach the goal we will need to open above $54.498 & $55.583 over the next two days (blue lines).
Overall price trend is currently on an upward trajectory.
RSI appears to be in a healthy position where it has come back down towards the 0.5 line and has bounced up showing bullish momentum. It is also above the sma8 on the daily RSI which confirms a bullish RSI trend.
The $60 area could prove as tough resistance as we enter and try to punch through. Keep an eye out here for a possible double top to occur and send the price level back down towards the bottom of the arc.
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
ETC/USD - Potential +235% investment setupHello Traders!
The last ETC business cycle is over and the first phase of the new one has begun.
Consolidation is followed by growth, on which we will be able to fix our medium-term purchases.
The position can be taken in the range of $44.75 - $59.32.
Stop-loss in case of a significant correction of the asset is better to be placed under the level of $29.00
The targets for midterm purchases will be price levels of
$104,68
$129,70
$150,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETC/ETH falling wedge#ETCETH
#ETH with ETH pair made a falling wedge pattern, that price needs to close inside and above the lower line for now, otherwise if going to close below the lower line of this wedge the fractal can lead price to zero 🤭👀. but holding the support zone and a break out from falling wedge can head up price to resistance zone around 0.022 ETH.
ETC below a strong resistance#ETCUSDT
$ETC is still below an ascending resistance (in my point of view) current zone is the same with a descending resistance that make it stronger, but a weekly close above it will release the price from this boring trend, first target of uptrend is around $66.77 that can be the target of reverse head and shoulders pattern, then there is a resistance around $80 and $85 that price can touch.
but if price reject from this strong resistance it will head down to $40.
ETCUSD PRICE PREDICTIONThe reason I think Ethereum Classic price goes higher because of Ethereum.
So don't be surprise when ETC goes up as well.
Current Market Cap: $6.8 billion. Price: $52
- January ETC will hit $483
- Retrace Feb and Mar
- Top: July/August: $1300
People will just FOMO in when price goes up so does not matter if it has true value or not.
Just like Dotcom bubble.
I don't think most of them will stay.
Only few maybe.
ETC/USDT : LONG or SHORT ? BINANCE:ETCUSDT
Hello everyone 😃
There are two opportunities om #ETC's chart.
#ETC is moving in a rising wedge, Witch is technically bearish and Also If we ignore the higher line, There will be a bullish triangle ( flat top triangle ) formed !
So you can use the both side to take advantage.
- If #ETC break below the wedge, The you can take SHORT after a retest on the breaker line ( $55.77 ).
- If #ETC take hold above the breaker line and break above the resistance zone then you an take LONG on a retest of broken zone !
🔴 I'll track the info and let you know about the entered position.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ETCUSDT , We should buy because of ... Hello guys
Whats up ?
In here we have new rally that was started from some days ago , we are in between two minor zone , according to the market and condition of the psychologic of fear and power of market I think we can break the minor resistance if this candle is closing like this ( Ascending cover ) , and we can put Stop loss according to the chart , and we should wait until the price reach to the first Tp and then we are analysing the chart for others scenario .
Dont forget put stop loss and Tp and dont forget money management
First take signal then take long position and buying , We need signal like Hammer or Ascending cover or ...
Good Luck
Abtin
ETC - Ethereum Classic Next Target 60ETC is consolidated at 50 and 55, now according to me it should move to 60 and further above. Double top has formed at 74-77, we might see another fall form that point by this month.
You can buy when price moves up and daily candle closes above 54.
Like out idea, comment and follow
ETH Where will the Bull go?/Bullish PerspectiveBYBIT:ETHUSD
Notice in chart---Red: rise; Green: fall
1D trend chart
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1. Pattern is forming
Since 2020 Dec., ETH takes around 10 months to build a beautiful Cup and Handle.
We just confirm the handle formed while the orange downtrend line was broken out recently.
From the period this pattern took, we presume that a surge will happen before 31 Dec '21
*Cup and handle is a strong bullish signal that extending an uptrend.
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2. What should we notice?
Considering the pattern may not form directly, should presume that price might retest the downtrend(orange line) again.
Also, all previous highs are resistance for price, so remember to be cautious when 4035.5 and 4383.5 coming, consolidation easily occur while approaching them.
Furthermore, nothing ever get 100% chance, so we shall setup stop loss.
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3. How can we use it?
For Aggressive traders, you could buy immediately while the handle downtrend(orange line) was broken, once this pattern completed, your risk is low as the price go high.
For Conservative traders, you could wait the downtrend(shallow blue line) or previous high(4383.5) are taken out, this Cup and Handle pattern will be completed at that time.
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4. Bullish Target?
With Fibonacci levels, there are some long-term targets we expect.
a) 5422.30~5842.40----Fib(1.272~1.382)
b) 8202.55----Fib(2)
Anyway, never forget to control your risk
Stop loss: 2642.2
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Let's see where ETH can bring us to!
Trading is a reflection of yourself, sometimes you need to take a step back to see more.
Learn more daily and Be ready for any opportunities daily.
Have a nice trading!