#ETCUSDT #1D (Bybit) Descending wedge breakout & retestEthereum Classic regained 50MA support and seems to be heading towards 200MA resistance, probably after a pull-back.
⚡️⚡️ #ETC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.6%
Current Price:
20.620
Entry Targets:
1) 19.256
Take-Profit Targets:
1) 24.837
Stop Targets:
1) 16.459
Published By: @Zblaba
CRYPTOCAP:ETC BYBIT:ETCUSDT.P #1D #EthereumClassic #PoW ethereumclassic.org
Risk/Reward= 1:2.0
Expected Profit= +86.9%
Possible Loss= -43.6%
Estimated Gaintime= 1-2 months
Ethereumclassic
Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
#ETC Ready For Bullish Surge or Bearish Breakdown? Key Levels Yello, Paradisers! Is #EthereumClassic about to make a major bullish breakout, or will it fall back into seller territory? Let's see the latest analysis of #ETC:
💎#ETCUSDT is showing some positive signs, holding strong near the critical support range of $16.9-$17.8. However, #ETC must maintain momentum and stay above this support zone to confirm a bullish continuation. This positioning could pave the way for a breakout above the internal resistance.
💎For a genuine breakout, BME:ETC has to decisively move beyond the internal resistance at $23.1. Look for robust, engulfing candles and sustained upward momentum as key indicators of strength here. Diving in too early without these signals could lead to unnecessary risk exposure.
💎The risk of losing momentum remains. Should ETC fail to break above $23.1 and show signs of fatigue, sellers may seize control. In this scenario, the $16.9-$17.8 support zone becomes even more crucial, as it has previously withstood significant downward pressure.
💎If this support range holds, the bullish potential remains intact, with a possible bounce sparking renewed buying interest. However, a break below $16.9 could invalidate the bullish setup, potentially leading to a sharp decline toward the next demand level at $14.71. A fall below this secondary support could signal even further downside, marking a critical juncture for #EthereumClassic’s trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
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.
DOTUSD Is it really copying ETC's past Cycle?Polkadot (DOTUSD) appears to be following since its 2021 High (All Time High), ETC's previous Cycle of 2018 - 2021. As you can see on this 1W chart, the RSI sequences in particular between the two fractals are almost identical.
Lower Highs Double Tops leading to the Bear Cycle, then an RSI bottom leading to a price break-out above the 1W MA50 (blue trend-line) and on the 0.5 Fibonacci retracement level (on overbought RSI), finally followed by a new decline (RSI at 40.00), which in ETC's case when broken, led to the Bull Cycle's Parabolic Rally.
Right now it appears that DOT is on the 40.00 RSI Low, so naturally if it is indeed replicating Ethereum Classic's previous Cycle, we should see the price starting to rise aggressively towards the 1.5 Fibonacci extension. If that's the case, we can expect a High around $200 by the end of 2025.
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ETC/USDT Trading ScenarioAfter reaching a local high of $39.65, the price of ETC sharply corrected to $18.15, a drop of over 50%. According to the volume profile, the price fell into a local accumulation zone near the Point of Control (POC), from which a reversal movement began. Additionally, there was a third touch of the descending support level. In the current price range, buying the asset is appealing both for adding to a long-term portfolio and for a speculative trade, with potential to close the position around the resistance level of $39.65.
ETHEREUM 4800$ UNLOCKED. + 5036$ + 7000 +NovemberAs we said yesterday, we are moving forward knowing 100% correctly.
We have achieved 100% in predicting the future.
We achieved high profits with almost 0 losses.
We will see the records on all exchanges, not just Crypto.
Even below we will see the record. It's almost November.
We expect a big fake fall and a quick rally in November.
Our Expected Dates are on the List.
4h| 8h| 12h| 1d|3d|5d|6d|1w|3w|1m|3m|
Rally in Bitcoin is coming.
27.10.2021
08.11.2021
21.11.2021
28.11.2021
01.12.2021
07.12.2021
14.12.2021
21.12.2021
27.12.2021
08.01.2022
Do not forget to set Tp and Stop-loss. You'll understand when the rally comes. The media will write well. Governments will support. Banks will increase their expectations.
It is not investment advice.
Gradual entry and exit is recommended.
Ethereum Classic ETC 300$ on bullrun cycleOn my chart you can see accumulation phase from 12$ to 50$ , price can't broke the support level 12$ since January 2022. Also there are one more accumulation inside with range 12$ to 26$ which continues from December 2022 - 1 year of accumulation phase. On lower timeframe you can see how price works with lower liquidity and also leave compression of liqiudities which will be the fuel for bullish movement, the same view was on previous bullrun. If you enter right now and wait a time , you can easily hold ETC before ATH happen, it will be 10x from enter. The same situation with ETC/BTC and ETC/ETH , price works well with lower liquidity . Also miners can't mining ETH and a lot of people decided mining Ethereum Classic , also I believe ETH can help his brother ETC to pump coin . MAX marketcap of ETC was 14b, and that time when Litecoin had 22b, Chainlink - 20b.
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
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
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🌴
Bullish Patterns and Trend ContinuationThe price initially fluctuated within a specific range between the first support and resistance levels.
After breaking the first resistance and forming a pullback, the price is expected to rise towards the second orange box.
Additionally, the current bearish candles are considered a temporary correction, and given the bullish and reversal patterns on the daily timeframe, we expect the price trend to continue upwards and reach the second resistance area.
Another important point is that the first resistance now acts as a support level. If this support level is lost, there is a possibility that the price may fall towards the lower support area.
Ethereum Classic (ETC) - Bullish!Ascending Tri pattern forming with Ethereum Classic (ETC) which is bullish, the price has risen sharply +7.4% since yesterday daily candle close at: £24 breaking the recent Resistance zone.
Take into consideration and manage risk as dips throughout the tri pattern will occur until the price hit's the apex area soon!
ETC also has remained above both the EMA's shown from the chart, a breakout will likey happen around the £27 mark with the next few weeks. If bulls can breakout and hold above this, expect a momentum to push towards the "£30" area which will be the next Major Resistance Level.
(NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH!)
ETCUSD new rally starting towards $50.Ethereum Classic (ETCUSD) has started to rise again, so far being on the 2nd straight green 1D candle, without breaking the key 1D MA100 (green trend-line), which has been supporting since essentially the October 23 2023 break-out.
As long as this holds and ETC keeps closing the 1D candles above the 1D MA100, we expect a new cyclical rally to start within the Fibonacci Channel Up. The last one was +83.17% from its Higher Low, so a repeat would give us $49.00 by May.
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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.
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.
🚧ETCUSDT is Bullish now🚧 & many Traders don't see it 👀!!!➡️Ethereum Classic has been consolidating for a long period, indicating a major bullish price move is forthcoming.
Now price printing higher lows in a bullish pattern that is expected to reach $40 once the consolidation range breaks out.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!