ETC Feb 28 - is in breakout modeAnother Gem sharing from the TTR
One of my favorite and under valued coin imo.
It still can be mined and I'm sure the mining equipment will sky rocket when this goes above $75
My targets are on the chart, those were posted long time ago as well as the long-term targets.
Very bullish weekly candle here, expect a strong continuation into 32.50+
The first maj target is $46-50
ETCUSD
ETC is pumping. Here is why and where to take profitETC is pumping, as we can see. I want to inform you that this uptrend should continue, and another 128% is likely in the next few days / weeks. Take profit at the 0.618 FIB, which is always a strong resistance. If you think ETC is going to go much higher, you can take profit at the previous major swing high. But to me, ETC is bullish, and the downtrend has ended. We see that we had a pretty long accumulation phase by whales as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.
Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Time for ETC to run - 200%+ upside? ETC is breaking out of a long-term downtrend (evidenced by the downtrend line being broken and retested on the chart).
Also seeing MACD crossing bullish on 10HR timeframe and above 0 boundry, rising OBV above previous highs.
All this is indicating to me that we're close to a large move for ETC. I think if ETC does break out here, it should hit the $59-69 region over the next 2 or so weeks. Also possibility, it stalls at the lower resistance.
Let's see.
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.
ETCUSD Still on huge upside potential despite the current rally.Ethereum Classis (ETCUSD) is having an incredible +65% rally these past 4 days that has emphatically broken above the Bear Cycle's Lower Highs trend-line for good. Despite this remarkable rise, the price is still vastly undervalued below even the 0.382 Fibonacci retracement level from the All Time High (ATH), thus it has a huge upside potential.
The next critical Resistance level is 46.3500 and that is our long Target as it is where both the 0.5 Fibonacci level and Resistance 1 are.
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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
How many chances do you think Ethereum Classic will give you?
Target-1 (short term) = $ 45
Target-2 (medium term) = $ 95
Target-3 (long term) ----> 1 ETC = 1 BNB
You know what I'm saying is true, I know you know!
Appendix:
1- BNB (2021-2022)
2- Ethereum Classic (ETC) is not a security under existing United States laws
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 - Dead project or Resilient Hold ?Hi Traders, Investors and Speculators of Charts📈📉
The Ethereum Classic fork was a result of a disagreement within the Ethereum community over how to respond to a hack that had occurred on the network. The hack resulted in the theft of 3.6 million ETH. Some members of the community believed that the best way to respond to the hack was to hard fork the blockchain , which would erase the hack from history. Others argued that hard forking would set a dangerous precedent and would be a violation of the principle of immutability .
Those who opposed the hard fork eventually formed the Ethereum Classic community. They believe that the original Ethereum blockchain should be preserved, even with the hack in place. They argue that hard forking is a form of censorship and that it is important to maintain the integrity of the blockchain.
You can't really call that ETC is a dead project, reasons being:
1) It has a strong community of supporters and there is still active development on the project 2) ETC is listed on many major cryptocurrency exchanges
The market sentiment on ETC is mixed. Some people believe that ETC still has potential to become a major player in the cryptocurrency space, while others have shifted focus towards other, newer altcoins. The future of ETC is uncertain, but it's still unreasonable to call it "dead", at least for the time being.
FOUR main things I'd consider with ETC:
📢1) Old bag holders may want to look for the first opportunity to get out, creating strong resistance zones
📢2) At the end of the day, it's a coin that can be traded and most probably will be traded by whales though this kind of behavior is usually very untimely and unpredictable (we observe a similar situation on XRP)
📢3) ETC has a history of security vulnerabilities
📢4) ETC has a limited supply of 210.7 million coins
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CryptoCheck
COINBASE:ETCUSD BINANCE:ETCUSDT
ETC is +173% profit in the long run.Hi everyone, it's time to talk about ETC.
For more than a year the asset has been in a large accumulation zone and the stopping factor for the price growth was the 200 day EMA and the descending trendline, which is one of the facets of a symmetrical triangle/descending triangle.
The price recently managed to consolidate above the EMA-200 but further growth was stopped by the downtrend line.
The price range is now maximally narrowed and on the background of the changed general market trend I expect a breakdown of the downtrend line and further movement to the important Fibo level of 0.236.
I plan to open positions also from 0.236 Fibo level.
Targets on the chart: 0.382 Fibo (+45%) 0.5 Fibo (+99%) and 0.618 Fibo (+173%).
Additionally on the chart I marked the price resistance/support levels with blue lines.
In the long term, we can expect an ATH update on the chart.
Also, if you have extra funds, you can place buy orders around $14-$16
This is not financial advice, everything you do you do at your own risk!
ETCUSD $23.27 maximum targetPattern failed at my previous analysis at ETC, but its not bearish yet.
we can see a strong diagonal support keep climbing and create another higher low.
if this diagonal support broken, we still have fibonacci support at $19.49 with target at :
Fibonacci 1.272 at $22.48
Fibonacci 1.414 at $22.83
and Fibonacci 1.618 at $23.27 as maximum target
If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETCUSD to reach bullish target
Click here to check my other analysis
ETC Descending Triangle Signals Upside PotentialETC is currently shaping a descending triangle pattern, presenting a potential opportunity for strategic positioning ahead of a potential upward move. The descending triangle is a key technical formation that often precedes a breakout, with traders closely monitoring the pattern's evolution. As ETC shows signs of consolidation within this structure, market participants are strategizing for possible bullish momentum. Stay tuned as Ethereum Classic unfolds, offering a prospect for a positive shift in its price trajectory.
ETCUSD fibonacci supportETCkeep climbing with bullish trendline, and found fibonacci support at $19.34
If trendline not broken, target at $23.394
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETCUSD to reach bullish target
Click here to check my other analysis