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.
Etc
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
-
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.
-
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.
-
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.
-
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
-
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!
ETCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has fallen after moving over our support line and has fallen again after a pullback to the other support line.
We expect the price to fall below the support line if it can not stabilize above our resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ETC broke down long term support#ETCUSD
$ETC just like $DOGE broke down the long term ascending support line and confirmed it as resistance, and now price is above a weekly support zone, if price hold this support zone and break the ascending resistance we will see more uptrend.
but I think it is possible to reject from resistance another time and going down to $16.
ETC nearly 20% drop incomingRight now ETC is trading near the resistance area, which previously was the support and the bottom of the range. The range has been broken, inviting more and more buyers in the short to medium term. This increases the probability of further decline potentially by 20% or even more.