it's time to going up for ETCUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: 29.50
Target1: 30.62
Target2: 32.25
Target3(Final Target): 33.58
Stoploss: 27.6
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Etc
SasanSeifi 💁♂ ETC / 3DAY⏩ 28$Hey everyone,
As you can see in the 3-day timeframe, the price has been rising from the demand zone and bullish order block. It broke the downtrend line and retraced back to the 22-dollar price range. It is currently trading at 22.30 dollars.
In the medium term, the price may continue to rise to the BEARISH BB zone.
Here are two scenarios we can consider:
1 The price could rise from the 22-dollar range.
2 The price could range between 21 and 20 dollars for a while, and then rise to the target ranges of 27 and 28 dollars.
If the price rises, it will be important to see how it reacts to the BEARISH BB zone. This will help us to understand the continuation of the trend.
⭕On the other hand, if the price breaks below the 20-dollar range and consolidates, it may be facing a correction.
I hope this helps!
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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ETC short idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Ethereum Classic(ETC) Breaks Long-Term Downtrend Line
* 1D
ETC broke through a long-term downtrend line that has continued since May 2021, so it is likely to continue bullish.
Although it is currently facing resistance around $20.95, it is likely to rise further.
TP can be set at $24.86 / $29.13 / $33.90 / $39.42 / up to $44.48.
🌐🚀 Ethereum Classic (ETC) Analysis 📊💹🔓 Breaking Out of Range:
Ethereum Classic (ETC) is breaking out of its range dating back to October 2022.
📈 Bullish Scenario:
If bulls secure the $27.30 level, there's potential for a push into the $40, where the next resistance lies.
📉 Bearish Scenario:
If it's a bull trap, a potential downside could lead to a crash into the $18 region.
⚖️ Ethereum Ecosystem Movement:
Ethereum Classic's breakout signals a potential shift in the Ethereum ecosystem dynamics.
📅 Timing Consideration:
Waiting for confirmation and retesting of the region above the range rather than chasing the move.
📣 Conclusion:
ETC's breakout brings the potential for a significant upward movement.
The $27.30 level is crucial for bullish continuation.
Caution advised, and waiting for a retest may provide a more strategic entry.
#ETCAnalysis #CryptoMarket #EthereumClassic
How is ETC?On the weekly time frame I was checking the structure of ETC
Examining the ETC waveform, I noticed that it is inside a large diametric that now seems to be about to complete its F wave
After the completion of wave F, we will enter wave G, which can end in the green zone of this wave and enter the next upward phase.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Brief Analysis——ETCLet’s get the long-awaited BTC ETF approved. This marks a new era for cryptocurrency. More funds from U.S. entities will flow into the crypto market.
Although all 11 BTC ETFs have been approved, the SEC’s attitude does not appear to have changed. The reason we think so is that the SEC deliberately waited for the U.S. stock market to close before approving the BTC ETF, and when Gensler approved the BTC ETF, he stated that the approval of the ETF was only based on pressure from the court and did not support or recognize the view of BTC. Of course, this will not affect subsequent capital inflows, but regulation may mark some tokens as unregistered securities again to clean up the crypto market.
Another special thing is that ETH saw a significant increase after the BTC ETF was approved, while BTC did not. This may mean that the market has turned its back on BTC ETFs and begun pricing Dencun.
The token we will analyze today is ETC. As a token that will be halved in 2024, let’s take a look at its recent performance.
Compared with other tokens, ETC has performed generally during this round of rise. Before yesterday, the maximum increase was less than 70%. With the gains yesterday, ETC is out of the 2023 range. This will have a positive effect on subsequent increases. Judging from the indicators, ETC has entered a bullish trend. On the WTA indicator, we can see that in the previous waves of rise, the inflow of whales represented an increase, and the outflow represented a callback. But the trend is closer to a fluctuation. Yesterday's rise in ETC was supported by a lot of whales.
To sum up, we believe that ETC’s bullish trend is not over. Judging from the rise throughout 2023, As one of the few tokens with the halving concept and POW label, ETC has a greater possibility of rising.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Ethereum Classic ETC price is starting to grow?Looking at the ETCUSDT chart, we can assume that the almost 3-year downward trend in the ETC price is coming to an end.
As long as the ETCUSD price is above $18-20 , it is in an upward trend.
The medium-term target is $65-75 per 1 Ethereum Classic
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ETC Bullish breakout ETC has broken above a key resistance zone and is currently holding it as support.
It created at and eve bottom at a major support along with double bullish divergence on both indicators.
We deem ETC as a great opportunity in the altcoin space that we believe is in great shape for a bullish run in the near future.
Should ETC Break 23 dollars we see the next target as a massive 45 dollar target.
Weekly shown below to showcase key levels and targets
ETC/USDT 4H ChartI invite you to review the ETC chart on a four-hour interval. We will start by defining, using the blue lines, the upward trend channel from which we tried to exit at the bottom. Locally, a yellow downward trend line has formed.
Let's now move on to marking support areas for the price and here, after unfolding the trend based fib extension grid, we can see that the price with dynamic movements returned to the support zone from $20.56 to $19.52, while leaving the zone at the bottom may result in a strong decline even to the vicinity $16.50.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we can see the $20.76 level again as resistance, after which we can see increases towards the strong resistance zone from $23.12 to $24.38 just at the upper border of the previously mentioned channel.
Looking at the RSI indicator, we can see that we have approached the lower limit, which could have slowed down the decline, but there is still room for recovery, while the STOCH indicator shows a quick rebound from the lower limit, which gives us energy for another price drop.
ETC's Price ActionIn the weekly analysis, Ethereum Classic (ETC) is currently navigating a critical phase, ranging between the key Fibonacci resistance at the 1.0 level and the crucial Fibonacci support at the 0 level.
This positioning indicates a distinct trading range, suggesting a consolidation phase within these boundaries. Investors and traders should anticipate a period of range-bound price movements in the short term.
However, it's important to note a significant shift in market dynamics, as the previous bullish momentum has concluded, giving way to the formation of a bearish trend.
This transition underlines the necessity for vigilance, as the emerging downward leg could signal a potential reevaluation of current strategies and readiness for shifts in market sentiment and price action.
This analysis is for guidance only and shouldn't be taken as direct trading advice.
ETC/USDT 4HInterval ChartHello everyone, I invite you to review the ETC pair to USDT chart. First, we will use yellow lines to mark the downward trend line from which the price broke out with an upward movement. And currently we can see movement along the local upward trend line.
With the current upward movement, it is worth spreading the Fib Retracement grid, thanks to which we can determine a strong resistance zone from $21.58 to $22.39, in which the price is currently struggling, while an upward move from this zone may result in an upward movement around $23.44 .
On the other hand, when the recovery begins, we can see support at $20.80, then we can mark the zone from $19.94 to $19.33, and then support at $18.54.
If we look at the RSI indicator, we will see a movement at the upper limit of the range, just as on the STOCH indicator we are also bouncing from the upper limit. Looking at both of these indicators, we can expect the price to recover in the coming hours.
ETC/USDT Ready to Break out the Bullish Flag pattern ??💎 ETC has undeniably captured significant attention in the market. Currently, it is exhibiting a Bullish Flag pattern, and if it successfully breaks the resistance pattern of this formation, there is a probability of a smooth movement toward our target supply area.
💎 ETC is also following a bullish trend channel, characterized by higher highs and higher lows. However, there was a temporary breach of the support level in the bullish channel, which was promptly reclaimed. If ETC revisits the support channel and heads towards the demand area, it represents a critical juncture for ETC to resume its upward trajectory.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, ETC fails to maintain its position and undergoes a breakdown. In such a case, ETC may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement, potentially towards the next lower demand area and even the strong support zone.