Ethereum Classic (ETC) Breakout Alert: Is $20+ the Next Stop?ETC/USD 4H Chart Analysis – Bullish Momentum Incoming?
Ethereum Classic (ETC) is showing signs of a potential breakout, as seen in the 4-hour chart. Here’s a deep dive into the technical setup and what traders should watch for in the coming sessions.
🔥 Key Takeaways:
✅ Ascending Triangle Formation:
ETH Classic: Massive Breakout Incoming (800% Gain Potential)As long as ETH Classic remains about 15.737, this EW count is valid. I'm expecting explosive price action to the upside in the next couple of months.
The initial long-term target is at 197, giving us a potential gain of +800%.
Let me know what you think.
Good luck.
ETC LongETC looks amazing.
23$ is one of the most important levels on this chart. For the past 4 weeks ETC has been regarding it as support.
- Bullish Divergence on both oscillators and all higher time frames.
- Bullish Dragon broken and backtested at support.
- Rising volume after consolidation and bre
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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