Etcforecast
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months.
However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern
In the current impulse growth momentum, the ETC price can reach $19.5
If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
ETHEREUM Classic has many miners, they will pump ETC price againThe fall in the ETHEREUM Classic price is happening on lower volumes.
A modest update of the lows and something like a downward wedge is formed within the correction. Usually such a pattern later acts as a continuation of the growth trend.
We think that in the area of $26-28 it is logical to try to take the longs of the ETCUSDT. Sooner or later the ETC price will be pumping again, and the minimum growth potential in the medium term is x2 to the area of 51dollars.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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.
Thank you
💥ETC LIKELY MOVE - FALL TO $35, THEN LONG TO $60, $80Please support this idea with a LIKE👍 if you find it useful🥳
We have Etherum classic in a descending triangle. A breakout from this triangle could confirm a good buy to the neckline at $60 before $80.
We also have a possible double bottom pattern in play. For this pattern to work out well, I expect a fall to $30 - $36 before a long position to $60 and $80
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
💥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💰🥳🤗
💥ETCUSD- BREAKOUT & PUMP TO $100, $120Right here is Etherum classic in a tight zone making effort to breakout of the descending triangle.
Before the breakout, price may sell to the support trendline at $32 before pumping.
Once it breaks out the trendline, I expect a long setup to $100, $120 and more.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
💥ETCUSD - TO DIP TO $43, THEN PUMP TO $90Etherum classic as we can all see is in a downtrend with five (5) credible resistance trendline and two (2) credible support.
Sellers are still winning the battle. Therefore, I expect etherum classic to dip to $43 and pump to $90.
Let's wait and see what happens.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Follow me to receive more updates on this pair🤙
Comment any coin you need my analysis or forecast on📈📉
Happy Trading💰🥳🤗
Thank you for your support!💓
ETC 1D Global Picture: Where to Sell and Where to BuyYour attention is the global picture on the ETCUSDT chart
At the end of last month, the Ethereum Classic price made a good x6 rally in less than two weeks , after which a correction phase began.
Later, the corrective fall accelerated the fall of the entire crypto market.
But there is also a positive point.
The fall was aggressively bought out from the $40-50 zone , and this is essentially the absolute maximum in 2018, which could not be updated for 3 years.
On daily candles, the ransom formed large shadows from below, and the candlestick bodies closed above the $47 level, testing the liquidity zone for strength.
This alignment of events gives hope that the price of ETCUSD may rise again to the price range of $115-125 .
In this area, you should cover the longs and look around.
Since further there can be two scenarios:
1) Fixing the ETC price above $115-125 will give a chance to think about the next global target in the $260 area.
2) If the negative background continues to dominate on the crypto market, then it will be possible to place buckets for purchases in the $20-30 zone, because this is the next liquid zone, which is below $50.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
#ETC #HighRiskTrade # Long Around $100 Sl 88 Target $130After the 5th of May 2021, all the sharp have pump Etc to crazy drive around 100% gain before go back and build flat price around $100 which is above and support by the MA9 and uptrend price line
(High risk ) Trading plan : Entry around $100 , Sl at $87 Target $130 As R:R 1:2
ETC 1D Price is near the all-time high, where next?Today we will look at the price action of ETCUSDT
In just over a year of growth, the price of ETCUSD rallied by making x17, finally reaching an all-time high that was set back in early 2018.
On the one hand, it seems like x17 is a good result, but if you take into account the fact that ETC is a fork of ETH and +|- repeats the price movement behind it, we think the result is not very impressive. Ethereum is 60 times more expensive than EthereumClassic, and it was able to update the 2018 absolute maximum more than twice in the same time.
By the way, here we have a series of ideas for ETHUSDT
So, Classic is now for the second time trying to update the 2018 maximum, which was around $47 and so far it has not been very successful.
Now the most positive scenario for the growth of the price of ETCUSDT is a possible break of the stops of shorts, which can hide above $50 . Such actions can provoke squeeze growth to the $57-60 area.
Above growth is not yet visible for us.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ETC "bearish flag" and exit down to $4.ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world.
Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years)
Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks)
For our part, we can say that the historical high $47 for ETC cannot be achieved.
It looks like the ETC price has been trading under the bearish flag for the last two months.
It is unknown how the altcoins will react when Bitcoin starts correction or fall.
The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6 .
And the fall may start from the current indicators.
The result in all cases will be the same - the level $4 will strongly attract to itself.
________________________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Daily ETH/USD forecast timing analysis by Supply-Demand strength24-Jun KRAKEN:ETHUSD
Investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View a Forecast Candlestick Shape Analysis of 10 days in the future: www.pretiming.com
(You can easily create a trading plan.)
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.2% (HIGH) ~ -2.0% (LOW), -1.1% (CLOSE)
%AVG in case of rising: 5.2% (HIGH) ~ -1.6% (LOW), 4.0% (CLOSE)
%AVG in case of falling: 2.6% (HIGH) ~ -3.9% (LOW), -1.2% (CLOSE)
Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.