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
Ethereumclassic
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!!
ETC/USDT Break Alert! Indicating Upward Momentum after retesting💎ETC has recently experienced significant market dynamics, breaking out of a key resistance level area.
💎 There's potential for the price to undergo a retesting phase before continuing its upward movement, probability of reaching our target area.
💎 However, if during the retesting phase, ETC fails to bounce or even breaks down below the support level, it could indicate a false breakout. In such a scenario, the price may revert to a downward movement, with the next potential stop being the demand zone around the $28 area.
💎 It's crucial for ETC to bounce at the demand zone and reclaim the price above the support level if it intends to sustain its upward momentum. Failure to do so could result in further downward movement for ETC.
ETC/USDT It required Bounce from the support to continue upward!💎 ETC has recently displayed significant market dynamics. Currently situated in the support area, which previously acted as resistance, ETC's movement hinges on the validity of the ongoing retesting phase.
💎 A successful bounce from this support level would signal a continuation of the upward trajectory, targeting the next milestone at the supply area of 27.80. The supply level holds critical importance, as a successful breakout would probability pave the way for a smooth movement toward our ultimate target in the robust resistance zone.
💎 However, a failure to bounce from the support area and a subsequent breakdown would confirm a false break, prompting a shift back to bearish sentiments. This reversal could initiate a downward movement towards the demand area.
💎 Bouncing from the demand area becomes imperative for ETC's journey towards the target. To sustain the upward momentum, ETC needs to break and reclaim the area above the support. Failure to achieve this would result in a continuation of the downward movement, retracing back to the formidable support area.
ETC Feb 28 - is in breakout modeAnother Gem sharing from the TTR
One of my favorite and under valued coin imo.
It still can be mined and I'm sure the mining equipment will sky rocket when this goes above $75
My targets are on the chart, those were posted long time ago as well as the long-term targets.
Very bullish weekly candle here, expect a strong continuation into 32.50+
The first maj target is $46-50
ETHUSDPair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves and Rejecting from Daily Demand Zone or Fibonacci Level - 38.20%. Break of Structure and Completed the Retracement. Break out of Upper Trend Line of Consolidation Phase to make Fake Breakout. Strong Divergence in RSI
ETCUSD Still on huge upside potential despite the current rally.Ethereum Classis (ETCUSD) is having an incredible +65% rally these past 4 days that has emphatically broken above the Bear Cycle's Lower Highs trend-line for good. Despite this remarkable rise, the price is still vastly undervalued below even the 0.382 Fibonacci retracement level from the All Time High (ATH), thus it has a huge upside potential.
The next critical Resistance level is 46.3500 and that is our long Target as it is where both the 0.5 Fibonacci level and Resistance 1 are.
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Ethereum Classic ETC price is starting to grow?Looking at the ETCUSDT chart, we can assume that the almost 3-year downward trend in the ETC price is coming to an end.
As long as the ETCUSD price is above $18-20 , it is in an upward trend.
The medium-term target is $65-75 per 1 Ethereum Classic
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ETC's Price ActionIn the weekly analysis, Ethereum Classic (ETC) is currently navigating a critical phase, ranging between the key Fibonacci resistance at the 1.0 level and the crucial Fibonacci support at the 0 level.
This positioning indicates a distinct trading range, suggesting a consolidation phase within these boundaries. Investors and traders should anticipate a period of range-bound price movements in the short term.
However, it's important to note a significant shift in market dynamics, as the previous bullish momentum has concluded, giving way to the formation of a bearish trend.
This transition underlines the necessity for vigilance, as the emerging downward leg could signal a potential reevaluation of current strategies and readiness for shifts in market sentiment and price action.
This analysis is for guidance only and shouldn't be taken as direct trading advice.