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Ethereumclassic

✴️ Ethereum Classic Update | Stronger Each DayEthereum Classic continues its sideways consolidation above EMA100. It moved below this level for a few days and quickly recovered. The longer the consolidation period, the stronger the potential for growth becomes for the next price jump. You can look at Ethereum Classic (ETCUSDT) just as Bitcoin when it comes to its relation to the rest of the cryptocurrency market. As Ethereum Classic goes sideways, the smaller Altcoins grow. This is true also for the TOP10/20 Altcoins, as these enter a consolidation phase, together or apart from Bitcoin, the rest of the market can grow. When the TOP cryptocurrencies move up strong, the rest of the market can go sideways or retrace before additional growth. We have a strong higher low in December compared to June, higher lows lead to higher highs. This would place the bottom at the June 2022 low and thus what follows is sustained long-term growth. Higher highs and higher lows; A bull market. Namaste.
Long
by AlanSantana
3
#ETCBTC - Up to 20% Price Drop PotentialLooks like #ETC could be just about to fall off a cliff edge as it reaches the end of this wedge. There's a level of resistance above in the form of a descending trend line and a few levels of historical support/resistance below. We could see a small swing upward toward the trend line, the price may even break through as this doesn't appear to be a super strong resistive layer - but with a strong Sell signal from Crypto Tipster v2 we've set up 2 TP zones based on historical levels. If you enjoyed or agree with this idea - drop us a comment, like & follow! :) *not financial advice ✌️
Short
by theCrypster
6
$ETC/BTC 1W (#Binance) Symmetrical triangle on supportEthereum Classic is pulling back to 200MA and has been forming a falling wedge, placing an opportunist bid sounds like a plan. ⚡️⚡️ #ETC/BTC ⚡️⚡️ Exchanges: KuCoin, Binance Signal Type: Regular (Long) Amount: 4.4% Current Price: 0.000941 Entry Targets: 1) 0.000885 Take-Profit Targets: 1) 0.001387 Stop Targets: 1) 0.000684 Published By: @Zblaba Risk/Reward= 1:2.5 Expected Profit= +56.7% Possible Loss= -22.7% $ETC #ETCBTC #EthereumClassic #PoW #Dino
Long
by TradingOn
Downward movement can continue to the lower support areaETC has been falling in price over the past week. Selling pressure started after the $25 resistance area was reached, and short-term buyers did a lot of profit saving. Ethereum's short-term trend was the classic range, which is still ongoing. But the price hit an important support level in the $20-$20.43 range, which has created a positive reaction, and we cannot consider Ethereum Classic to be bearish until a strong bearish candle closes below the $20 range in the 4-hour timeframe. But by breaking this support, the downward movement can continue to the lower support area. So the next reaction range will be at $17.39 to $18.42. The RSI indicator is inside a descending channel on the daily time frame, which, if a positive divergence forms at the bottom of the channel, has the potential to create signs of reversal and price growth. Therefore, if we see a further price correction, we expect a stronger reaction from the second support level.
by MonoCoinSignal
5
ETCBTC - Squeezed! Pump up and Out?We're just about at the very end of where two trend lines are meeting, creating a certain pinch point within #ETCBTC. The price is about to move, but which way? CTv2 has generated a Buy signal and there are a couple of close, strong levels of support on the underside; these factors help us predict a bullish, upward move. a TP1 at around the 12% mark would be great, a TP2 at over 30% would be even greater! ✌️ If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
8
ETHEREUM : Approach to important support area in medium termHi everyone! If we look at the weekly chart, from a technical point of view, Ethereum has already reached the first important Bullish Target around 3,450 area (long term), and from here a corrective structure has started. The analysis we are showing is on a logarithmic scale so the price projections look really important, having said that, the price action has reached an important support area around 995 and if it can hold it in the short term, a technical bounce is very likely. On the other hand, a bearish breakout will prompt us to look for short positions on technical rebounds. Thanks for your support, your "Like" and Trade with care!
BITSTAMP:ETHUSD
by TheAnonymousBanker
1
✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below: Now we have four days already of prices staying above this level. When a level is conquered, the main condition for confirmation is "staying above" said level. Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave! So far we are looking great... On a drop, the relevant levels are as follows: 1- $20.90 for EMA100 and EMA10. 2- $19.50 for EMA21 and 0.382 Fib. Remember the bigger picture, we are looking good. Patience is key... Chances are we still have plenty of growth of ahead. Namaste.
Long
by AlanSantana
3
✳️ Ethereum Classic To Resume Growing vs BitcoinEthereum Classic is one of the main altcoins that we track and we follow ETCUSDT and ETCBTC. Each pair has its own peculiarities. The long-term perspective is quite clear and this chart I shared for you before. On the 9-Jan. a peak was hit, the initial breakout (wave 1) and now it seems that ETCBTC is going ready to resume its growth. There will always be retraces and corrections, nothing moves straight up but the short- and mid-term perspective is up, up and up. We have until late March green... This is only the beginning. Namaste.
Long
by AlanSantana
3
✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them. In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place. The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead. In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead. " What one does, the rest follows... " For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well. $25-$27 is the EMA300 target but there can be more. My main target from the current price is set now at $35 for a nice 65%. Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs. See the previous charts for more and 'Related Ideas; below. Namaste. Previous charts: ✴️ FetchAI | 8-Dec-2022 ✴️ Ethereum Classic | 20-Dec-2022
Long
by AlanSantana
1
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months. However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern In the current impulse growth momentum, the ETC price can reach $19.5 If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
ETC had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance. Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
by MonoCoinSignal
1