ETCUSDT
ETC/USD - Major breakout! $20 in playETC has broken ABOVE a major resistance since 2018!!!
Next targets at $10, $13 and $20. This is an excellent long term long. A retest of this resistance turned support was also validated on the daily chart!
Great risk/reward play here, and now is the time to enter if you consider this. Revisit this chart in 1 - 2 months. ;)
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ETCUSD (Waiting for the resistance zone break out in a day char)#ETCUSDT(Weekly chart) Technical Analysis Update
Waiting for the resistance zone break out in a day chart
ETC/USDT currently trading at $7.66
Long Entry: Above $8.00
STOP LOSS: I will update once I see the breakout
Resistance level 1 (Target 1):$9.84
Resistance level 1 (Target 2): $12.90
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Weekly Bullish Watchlist 2Potential continuation patterns:
Ethereum Classic,
ARPA Chain,
DASH,
TRON.
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and are therefore are unqualified to give investment recommendations.
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ETC 1D There is interest in the coin, but for how long?From September to mid-November - 2.5 months, the accumulation of Classic continued.
As a result , a powerful shot upwards by +60% at decent volumes.
However, the previous high could not be updated, although the global target, where sellers should drive the price, is in the range of $9.70-10.
Now a few scenarios for the coming days-weeks:
1) ETS fixes above $6.40 - the result is: continued growth to the zone $7.40-7.80 , where sellers should become more active.
- if sellers cannot protect the last bastion $7.40-7.80 from the invasion of buyers, then the price will be broken up to the zone of $9.70-10.
2) the most pessimistic forecast is that if buyers do not have enough strength even to fix above $6.40, then the price may fall like a stone downward. The level $3.50 is waiting.
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ETC/USDT - $11 targetETC broke the resistance of over one year, now we are re-fueling for the inevitable bull run. The crypto market is heating up and many alt coins will start running soon and make significant gains. ETC is no different.
Top target is $11, however until that level is reached expect to hit $7, that will confirm the run. Each level on the chart will also be a resistance point where we may get some choppy price action. See $7-8-9-11.
Expect a break-up in the next few days, unless BTC decides to correct 20-30%.
ETCUSDT - Fast onccoming speed.Price sharply oncoming to the level without range and kickbacks. A good signal in the price movement will be:
1. The closing price of the next day's candle is higher than the High of the previous day"s candle.
2. Candles have short shadows.
3. The price moves inside the channel, quickly overcoming the distance from High to Low of the channel.
4. The price has left the channel and is moving towards a strong level.
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