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Ethclassic

Ethereum Classic (ETC) Breaks Resistance:Ethereum Classic (ETC) is trading at $33.64, which is a rise of $0.65 or 1.96% from its previous close. Analyzing the daily chart for Ethereum Classic paired with USDT, the price action suggests a resistance/support (S/R) flip, a technical occurrence where a price level previously acting as resistance becomes support after the price breaks through it, or vice versa. The chart outlines two key price levels marked at $35.596 and $39.716, which seem to be the immediate targets. The price has recently moved past the $35.596 level, which is now likely to be tested as a new support level. If the price holds above this level, we can anticipate a potential move towards the next target at $39.716. Given these observations and the current price of $33.64, the next moves for ETC would likely involve testing the $35.596 level for support. If this level holds, it may pave the way for an upward move towards $39.716
Long
by Shibunacci
ETH Work to $14.90Beautiful Inverse head and shoulders how people draw necklines is more Art than science I draw mine like this Log tgt projects to old highs So I must be right! lol I jest kinda .. lol You got Eth classic Now you got ETH not so classic, for this bull market to enjoy as well ... which in speculative terms should do better , just because it hasn't been exposed to a bull market before fundamentally this is a way better ETH classic lol ... If it stillworkd and the nodes are synicing up and miners are still mining I have no idea #DYOR #Pulsechain just thought I throw that tag in ... lol
KRAKEN:ETHWUSDLong
by BallaJi
2
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 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck COINBASE:ETCUSD BINANCE:ETCUSDT
COINBASE:ETCUSD
by CryptoCheck-
10
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) also moved lower in today’s session, as bears pushed prices below the $1,700 level. ETH/USD plunged to an intraday low of $1,671.98 on Tuesday, less than 24 hours after trading at a peak of $1,714.29. Today’s drop sees ethereum move below its long-term support point at the $1,675 mark, which has been mainly stable for the past week. the decline in prices comes as the 14-day RSI retreated from a recent ceiling at 61.00. As of writing, the index is now tracking at a reading of 57.28 and appears to be rapidly nearing a floor of 57.00. Should bears hit this bottom, ETH will likely be trading below $1,650. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
2
Ethereum Classic Wyckoff RE-AccumulationMost are familiar with accumulation/distribution schematics but, most are not familiar with reaccumulation schematics which you find in STRONG markets & have many similarities to distribution. There are a few ways this can go moving forward. The main thing to look for is the creek forming and the volume when the price action comes down to the lower of the range again. Being that ETC has alot of miners jumping back over to mine ETC since the ETH merge is right around the corner ETC has some strong price action coming in. Here are the definitions for the for the accronyms on this RE-Accumulation schematic for a better understanding of each move. PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC—buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by the public being filled by professional interests at prices near a top. A BC often coincides with a great earnings report or other good news, since the large operators require huge demand from the public to sell their shares without depressing the stock price. AR—automatic reaction. With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR. ST—secondary test, in which price revisits the area of the BC to test the demand/supply balance at these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread should thus decrease as price approaches the resistance area of the BC. An ST may take the form of an upthrust (UT), in which price moves above the resistance represented by the BC and possibly other STs before quickly reversing to close below resistance. After a UT, price often tests the lower boundary of the TR. SOW—sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of the stock: supply is now dominant. LPSY—last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest.
by Savvythe1
ETCUSD - Ethereum Classic Trading PlanETCUSD - Ethereum Classic Trading Plan We have a three wick rejection on the trendline with support bouncing back, with the confluence of fib I am expecting the 63- 66 level being a particularly area of interest to determine the next move. This area could be broken with ease to the higher levels to 95 and dropping lower before going to 170's or bounce off the 63-66 level and drop back to initial support before the next big move is determined. Please like, share and comment - I am always happy to meet likeminded traders - Please check out my previous ideas. Thanks
COINBASE:ETCUSD
by TraderPaps
2
Y'all Ready For this As The GURUs Fool You?? 👨‍🏫 Familiar pattern??? Ready yourselves for this As the GURUs mislead you to the Slaughterhouse... The Wiping and Gnashing of Teeth is soon to come Doomers be warrened with no relief in sight. This is all a code of lies the Ponzi in feeding you as the good book of fundamentals truth were burned long ago and sacrificed for gains. Chanting "We want Tendies, We want Tendies and they were granted! But what cost watch Diamond hand P.S. Prepare Yourselves 4 Pride Obliterating Price Discovery (Not Advice Just A Delusional Ding,Ding) 🤤 #TheyBuyLambos 😂 #lambo? All this time I have been saying #LandThough 🏞🏠🏘 LOL What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a lot??? LOL No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Bra Right now me and Dollars are cool even though everyone hates them and I am all good with for cuz up north CAD and EUR I can't exhaust hating everything but 🤷‍♂️ ANYTHING! "KEEP CALM AND MANAGE THY RISK!" 🤓 I am The Coin SLayer 😈👨‍💻
KRAKEN:ETCUSDShort
by BradySWilliams
88
ETCBTC - Broke through resistanceETCBTC broke through resistance at 70k satoshis despite of bitcoin dump below $9k. I'm still in this long, overall sentiments for this pair is still bullish, Phoenix Fork soon + as you may have noticed that many altcoin pairs already up 20-50%. Invalidation - the next strongest fall of bitcoin price. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
2
ETC - Big pump potentialETCBTC looks extremely interesting. If you look at the chart you can see that now the ETC is located near the important 'decision zone'. Based on historical data, in this area the price either powerfully pulled up or began to slowly fall. I'm long (spot) and bet on the upside, R:R here is more favorable for longs + after May 15th it slowly climbs. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke
2