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Etcusdidea

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.
BITFINEX:ETCUSDLong
by maxty
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.
COINBASE:ETCUSD
by Trade-Lean
1
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!
Long
by neverovv
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
by P_S_trade
29
ETC/USDT - 27.08.22 - Market UpdateHello Traders! ETC is moving within the downtrend. An aggressive upward movement started after news about miners switching to ETC mining from the ETH, after which the price received a reaction from the resistance level of $44.50. At the moment, the price is testing MA100 on the weekly timeframe. If the price downtrend continues, it will be interesting to consider buying. The range for asset accumulation will be a zone of $11.30-14.50. The targets will be the levels of $29.00 and $44.50 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ETCUSD
by UnknownUnicorn10064030
1
Ethereum Classic Potential BART - the next WAVES?Ethereum Classic / BTC 1D chart is showing a breakout in price, but with very low volume compared to April last year. Price is currently quite high, and as you can see on the ETC/USDT 1 hour chart, buying volume has been falling and falling. In the last few hours, we have seen selling increasing a lot. You can also see the red volume falling underneath and retesting the Blue trendline on the Volume Oscillator, indicating a potential downwards move. What this basically means is that the buyers volume was rejected at a certain point and the sellers are taking control. We also see a bearish Head & Shoulders pattern form on the 1 hour UNDERNEATH the Blue moving average price trendline, inside of a bear flag. We could see a MASSIVE drop here - the chart is quite similar to WAVES - we are seeing distribution here at high levels after a low volume pump. So why do I say BART? Take a look on the 1 hour chart on the right. Look at the Volume oscillator. Do you see how price is rising but Volume is going lower? (See thick red resistance lines drawn.) This is bearish divergence in volume and detects MID TERM DISTRIBUTION. Resistance is at 46.4 on Kucoin, or you can breakout trade. Good luck.
Short
by reiiss7