ETC — August 2024 ATHBITFINEX:ETCUSD is not a clone of BITSTAMP:ETHUSD , but a continuation of the original Ethereum launched in 2015, which The Ethereum Foundation forked away from by launching a new protocol one year later in 2016.
Applications on BITFINEX:ETCUSD have been operating uninterrupted for a year longer than on Ethereum™, making ETC the longest-running and most reliable Smart Contract Platform.
This analysis suggests that BITFINEX:ETCUSD is likely to reach all-time high in August 2024.
NFA. DYOR.
Etcanalysis
Cryptolean Ethereum Classic ETC Update For now, Ethereum Classic found a support at $29.43 and is re-testing $31 resistance.
A bullish break-out of $31 and a bullish candle closure above this level will result in a re-test of $32.91-$34.26 where the EthereumClassic price action will be very important.
A rejection of $31 followed by a bearish break-out of $29.43 will push #ETC price lower towards $26.49.
Intraday Chart
The ETCUSDT 4-Hour chart is bearish and lingering around $31.
A bearish rejection of $31 or $33.10 resistance will push ETC price towards the key intraday support zone at $26.76-$28.53, where I will be closely watching the price action.
A bullish break-out of $31 followed by a break-out of the key resistance at $33.10 will push price to re-test $37, however the price action may be slow and choppy .
Support once read!
Thank you.
ETC buy setupOn the ETC chart, after a BOS, iBOS and iCH, we have a bullish view on this symbol.
The Demand range is the right place to enter a Buy/Long position.
I specified the targets on the chart.
Closing a daily candle below the invalidation level will invalidate our view and invalidate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
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ETC IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/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
Ethereum Classic (ETC) 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week.
Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today.
The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge.
Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00.
As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark.
After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
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ETC above weekly support#ETC/USDT
$ETC is still above weekly support.
price can continue sideway moves between descending trend lines for a while!
🐻 rejection from upper zone can shape a Head and Shoulders pattern and drop price to the lower line of weekly support.
🐮 break out from the upper zone can ride price to the moon.
ETC Weekly movementHellooo...My Dragon Friends
i see ETC just move sideways at the few later week.
and still same my projection, wait until break down for more downtrrend.
or we just playing at the resistance and support. (sideways trends)
i hope u guys can make money with this pattern i draw.
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
ETC Movement for weekly (30 aug - 06 sep 2021)Hellooo...My Dragon Friends
ETC already break the trendline, and already retest.
i think this week just move down go to our target.
for next confirmation need break at 58.89.
if break, we can see ETC will go to our target.
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
DIsclaimer On
💥ETCUSD T0 PUMP BY 20% - 60% ($60 - $80)Please support this idea with a LIKE👍 if you find it useful🥳
Etherum classic broke out of a triangle and pump again into another triangle.😂
If you take a closer look at the chart, you will notice that price also has an inverse head and shoulder which gives a buy signal.
Therefore I expect price to break out this current triangle and pump to the neckline at $60.
Once price breaks the neckline, I expect a rise to $70, and $80.
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
Ethereum Classic attempt Hello Trenders,
Here a quick update of ETCUSDT.
Triangle formation.
I see a potential breakout with a first TP to 80 USD Zone then probably a retest support to confirm positive trend.
Few indicators support the idea but I see hidden divergence and triangle push towards price action.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
Ethereum Classic Bear Channel: Daily TimeframeConclusion for today’s Ethereum Classic Analysis: Conservative entry into a long (buy) position(s) is best carried out on a breakout above 9.47.
Over 17 months of price action is shown on the Daily timeframe of Ethereum Classic from October 2, 2017 to current date. Using a logarithmic scale for analysis and chart inspection, the bearish channel in Ethereum Classic can be observed with the initial price pivot used in drawing the chart pattern occurring on February 20, 2018.
Bullish price swing from 3.56 (December 15, 2018) to 8.08 (April 07, 2019) are the two (2) most recent pivots used in connecting the pattern. It is also important to note that the width of the pattern is in play or highly invaluable in projection of price action upon breakout above the channel.
Price action between 9.47 and 8.28 indicate the horizontal level of price action that provides immediate resistance for the price of Ethereum Classic. Besides, the blue ellipse highlighted on the chart shows that the price levels mentioned above had previously provided support for Ethereum Classic between September and November of 2017.
The sell off 8.28 indicates a change in polarity suggesting that the previous support level is now acting as resistance for price action. Moreover, it does coincide with the April 07, 2019 pivot for the bear channel, and therefore very crucial for future development of market action in Ethereum Classic.
The most conservative entry into a long (buy) position is on a breakout above the 9.47, while a less conservative will seek to buy prior to breakout. Switching back on an arithmetic scale is necessary for physical measurements and projections using the width of the channel.