ETCUSD
✅TS ❕ ETCUSD: reversal✅✅ ETC is moving in a new downward movement.
The asset dropped below the resistance area.
I think that the price will continue to decline. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
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Downward movement can continue to the lower support areaETC has been falling in price over the past week. Selling pressure started after the $25 resistance area was reached, and short-term buyers did a lot of profit saving. Ethereum's short-term trend was the classic range, which is still ongoing. But the price hit an important support level in the $20-$20.43 range, which has created a positive reaction, and we cannot consider Ethereum Classic to be bearish until a strong bearish candle closes below the $20 range in the 4-hour timeframe.
But by breaking this support, the downward movement can continue to the lower support area. So the next reaction range will be at $17.39 to $18.42. The RSI indicator is inside a descending channel on the daily time frame, which, if a positive divergence forms at the bottom of the channel, has the potential to create signs of reversal and price growth. Therefore, if we see a further price correction, we expect a stronger reaction from the second support level.
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
Ehereum Classic Cup With Handle ReentryThe IHNS failed and stopped out but now we are at the bottom of the Handle's Channel and at the 800 EMA i'd say that it's gone down enough to try a secondary entry on ETC just to see if the Channel holds strong if it does i'll be looking for a test near the highs ofthe pattern and a potential breakout.
ETCUSD: Potential Slanted Inverse Head & ShouldersWe have an IHNS within this Potential Cup with Handle that could take us up to atleast test the daily open again. If we can get by the daily open then the next target will be the Channel Resistance and if we get above that then we will be going for Cup with handle targets.
Extreme Risk 2/10 ZDTE BBBY Short SqueezeThis is Gambling.
Upside is 20-30X
Downside is -100%
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Ethereum Classic ETC price is preparing for a "shot up" ?Today, let's talk about Ethereum Classic and the prospects for the ETCUSDT price movement
There are two reasons for writing and creating today's idea:
1. The ETCUSD price has reached the target from the previous idea, showing +50% growth in January 2023:
2. While many altcoins have been actively growing over the past few days, the ETC price has been stuck in consolidation all this time. Usually, breaking out of such consolidations is a powerful impulse. Since the crypto market is currently experiencing an upward trend with hints of a possible correction, we have the following assumption:
ETCUSDT buy zone is in the range of $21.6-23.6 with a possible further strong impulsive upward movement, where t he first target is $32, the second target is $42
ETCBTC has a growth potential of at least +25% to the first strong mirror level from above.
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✅TS ❕ ETCUSD: triple touch resistance✅✅ ETC failed to break through the resistance level three times.
After the last attempt, the price bounced down.
I expect the fall to continue after consolidation under the support level. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
ETC Long play incoming gainsEthereum Classic always makes nice rebounds in support zone. This means now it is good opportunity to take risk, because price in support zone from long term.
Consider to protect yourselfs and use stop loss if you trading it.
Expecting 3 major targets (on the chart) within next month.
ETHEREUM CLASSIC, a long term vision. ETCUSDT . UpdateHello guys, This is an update of previous analysis (blow link), we made our buy positions at the two points which we wanted and the trend has moved as we expected. For now you can manage your capital and profit until reaching the chosen target.
Good luck
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ETC SCALP LONG SETUPHi, 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 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
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