ETC ( Ethereum Classic ) tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
ETCUSDT
ETC/USDT Gathering Momentum for a Bullish Rally From Support👀🚀💎Paradisers, brace yourselves for a pivotal shift in the #ETCUSDT market, indicating a potential bullish surge from its current position.
💎After navigating through 2 waves of profit-taking, #EthereumClassic is primed for a temporary retreat before making a rebound from the crucial Bullish OB zone at $25.73. If
BME:ETC harnesses sufficient momentum from this zone, we could witness a vigorous ascent that challenges and possibly surpasses the upper supply zone.
💎However, if #ETC falters within this vital support zone, we may need to swiftly recalibrate our strategy. Enter Plan B: focusing on sparking a bullish thrust from a lower demand zone at $22. This level is pivotal, as a fall below it could herald the start of a bearish phase in the market's narrative.
💎Stay vigilant and flexible, Paradisers. Your ParadiseTeam remains on alert, ready to navigate and lead through the dynamic shifts of the #EthereumClassic market.
MyCryptoParadise
iFeel the success
#ETC/USDT#ETC
We have a bullish trend pattern on a 4-hour frame, the price moves based on it and adheres to its limits well
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 26.00
The first goal is 27.87
Second goal 30.16
Third goal 32.15
Ethereum Classic 💚 ETC price will be $100 👇When will CRYPTOCAP:ETC be at $100? We'll talk a little later...)
And now about what happened yesterday with the ETH ETF.
In short, it was accepted, but not completely...
That is, sooner or later, ETH ETFs will be accepted by the form of S-1s and another gateway will open for the infusion of “big capital” into the crypto market.
Therefore:
🔹The long-term outlook is also realistic and works well
By the way, for those who don't know, the firstborn in the quarreling #Ethereum family was CRYPTOCAP:ETC which was surpassed in all respects in development by its fork - CRYPTOCAP:ETH
⌛ From history, the #ETCUSDT price has been holding in protracted consolidations for a long time, accumulating positions and eventually organizing a powerful growth trend.
Now, the support zone for the #ETCUSD price is $28.70-30.00.
If they hold it, then the blue scenario becomes more than realistic with an intermediate or final point of $100 per #ETC
Alikze → ETC | Completing wave B correctiveIn time D1, with an ascent in the form of three waves, it is out of density with several spike candles. According to the type of behavior and structure, if the current correction moves in the form of three waves, two scenarios can be considered for it.
The first scenario: the upward corrective movement will continue to the $28 area and then to the $25 area as a higher correction and will not touch the previous floor, which, if supported, will have the ability to grow to the specified area of the supply zone.
Second scenario: the correction to $28 continues and then the C wave correction should break the $25 area and at least the bottom of the spike candle will continue.
🟩Sup:25$
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ETC fights against resistanceHello everyone, let's look at the 4H ETC to USDT chart as we can see that the price is moving in a downtrend channel.
Let's start by setting goals for the near future that we can include:
T1 = $28.51
T2 = $29.92
T3 = $31.92
T4 = $35.08
AND
T5 = $37.63
Now let's move on to the stop loss in case of further market declines:
SL1 = $22.82
SL2 = $20.04
AND
SL3 = $18
Looking at the RSI indicator, you can see a sideways movement near the middle of the range, while the STOCH indicator started to reverse from the middle of the range.
ETC Holders! FOLLOW ME~!Good day, friends!
This is ESS team.
Let's see the ETCUSDT.
If Candle is supported by the lower GREEN uptrend line, We expect that candle breaks through the RED long-term downtrend line.
The waves that supported the lower GREEN uptrend line have broken through the downtrend line in the past.
If it fails to break through the RED long-term downtrend line this time, It may be expected to rise after accumulation from the ORANGE uptrend line.
ETC/USDT price is ready for testing on the Bull Flag resistance!💎 Paradisers, the recent market dynamics surrounding #ETC have been noteworthy.
💎 After a successful rejection from the support zone around $24, ETC has bounced back upwards.
💎 Currently, it seems poised to continue its upward trajectory toward the resistance of the Bullish Flag pattern, indicating a potential continuation of the bullish trend. Breaking out of this pattern is crucial for further advancement toward our target resistance area.
💎 However, should ETC fail to break out of the pattern, it may be retracing back to the support area. Yet, if the support fails to hold and the price breaks below, further downward movement towards the demand zone around $18.7 could be expected.
💎 Historically, ETC has shown resilience with consistent bounces when revisiting the demand area. Therefore, if the price revisits this zone, there's potential for a rejection and subsequent upward movement. Reclaiming a price above $24 is essential for continued upward momentum. Failure to do so could signal a bearish reversal, prompting a retest of the demand zone.
💎 Bullish invalidation would occur if ETC fails to maintain a price above the demand zone, closing the candle below this level. Such an event could signify a bearish momentum shift, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
ETC/USDT 4HInterval ChartHello everyone, let's look at the 4H ETC to USDT chart as we can see the price is bouncing from the lower boundary of the downtrend channel.
Let's start by setting goals for the near future that we can include:
T1 = $28.51
T2 = $29.92
T3 = $31.92
T4 = $35.08
AND
T5= $37.63
Now let's move on to the stop-loss in case of further market declines:
SL1 = $22.82
SL2 = $20.04
AND
SL3 = $18
Looking at the RSI indicator, there is still room for a continuation of the upward movement, while on the STOCH indicator we have exceeded the upper limit, which may result in a deceleration of the current movement.
ETC at the first support zoneHello everyone, let's look at the 4H ETC to USDT chart, as we can see, the price is staying in an uptrend channel, from which the attempt to break out from the bottom has been temporarily stopped.
Let's start by setting goals for the near future that we can include:
T1 = $33
T2 = $40
AND
T3 = $50
Now let's move on to the stop-loss in case of further market declines:
SL1 = $24 - $22.8
SL2 = $20
AND
SL3 = $15 - $13.50
Looking at the RSI indicators and the STOCH indicator, even though we are already quite low, which could indicate an upcoming rebound, we should be careful how BTC itself, which is followed by the entire market, will behave.
ETCUSDT Bullish Opportunity with XABCD Harmonic PatternOverview:
ETC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action nearing a crucial support zone. This confluence suggests a potential bullish reversal from point D, indicating favorable trading opportunities for market participants.
Key Technical Observations:
1. XABCD Harmonic Pattern: The chart analysis reveals the emergence of an XABCD harmonic pattern, characterized by distinct price swings that conform to Fibonacci ratios. This pattern indicates a potential reversal zone, with point D signaling a probable shift in market direction.
2. Key Support Area: Price action has approached a significant support area, enhancing the likelihood of a bullish rebound. The convergence of the harmonic pattern and the support zone strengthens the validity of the anticipated bullish move.
Trade Recommendations:
- Entry: Consider initiating a long position near 32.8150, aligning with the anticipated bullish reversal at point D of the harmonic pattern.
- Stop Loss: Implement a stop-loss order at approximately 31.1750 to mitigate potential losses in case of adverse price movements.
- Take Profit Targets:
1. TP-1: Set the first take-profit level at 34.5800 to secure profits as the price advances in the bullish direction.
2. TP-2: Aim for the second take-profit level at 36.1933 to capitalize on further upward momentum.
3. TP-3: Consider a third take-profit target at 37.8760 to maximize returns as the bullish trend potentially extends.
Risk Management:
Maintain prudent risk management practices by adhering to the specified stop-loss level and adjusting position sizes according to individual risk tolerance. Periodically reassess the market conditions to adapt trading strategies accordingly.
Conclusion:
In summary, the technical analysis of ETC/USDT suggests a favorable outlook for bullish opportunities, supported by the formation of an XABCD harmonic pattern and price action nearing a critical support area. Traders are advised to consider the provided trade setup, incorporating appropriate risk management measures to optimize potential returns while safeguarding against downside risks.
ETC/USD Secondary trend. Downtrend channel. Pivot zones.Logarithm. Time frame 3 days. Secondary trend. Downtrend channel. Pivot points.
Linear chart to illustrate the trend.
This is what the main trend of this cryptocurrency looks like now. Time frame is 1 week.
ETC/USD Main trend. Channel.
Linear chart for clarity and understanding of local cycles.
Local work
ETC - BUY SETUP (NOV 2023)ETC - BUY SETUP.
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. Key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
"Fly Like There Is No Tomorrow Left" #ETCETC is currently forming an Adam&Eve formation.
According to Elliot Waves Theory, this is the road map for ETC.
If you are using Leverage on your trades, wait for it to close above 34 in daily time frame.
Use only 2X, accept the fee and hold until the wave 3's final rotation which is 69.
If you are buying products like an investor, you will have 2 options;
-Buy now and wait until first target (69)
-Or simply buy and hold until second target which is 95 (it will take months)
Remember that it's a long term time frame and it will not be achieved in a couple days (I hope it would).
All Targets Specified On The Chart.
Good Luck To Us All.
Cryptolean Ethereum Classic ETC UpdateEthereum Classic recovered from the daily range zone between $26.49 and $29.43, which is positive.
A sustained price action above $29.43 or, even better, a daily candle closure above $31.02 will will result in a re-test of $32.91-$34.26 where the Ethereum Classic price action will be very important.
A rejection of $31.02, followed by a bearish break-out of $29.43 will push ETC price lower towards $26.49.
ETC/USDT ascending channel trajectory what next? 🚀ETC Analysis💎 Paradisers, take a moment to observe #ETCUSDT intriguing path. It's currently tracking an ascending channel, closely evaluating a crucial support level. Should it maintain its momentum, we're poised for a bullish breakout.
💎 Should #EthereumClassic's drive falter at this support, it's our cue to adjust our approach. Anticipate a bullish bounce from a lower support level, where there's a notable chance for a rebound, given its history of honoring this level on two occasions.
💎 Vigilance remains paramount: a descent below this further support could herald a more pronounced decline as market sentiment shifts towards selling. Remain alert, Paradisers, as we navigate the nuanced movements of the #ETC market.