ETCUSD.P trade ideas
Ethereum Classic Price TargetBased on the formation of the bullish flag pattern on the daily charts, i've come to a price target of $77ish, within the next week. Buy in now, exit at 77.50.
ETC, could be a gold mine, might fail miserablySome major bullish factors for ETC:
1) Mystique hard-fork solving the double-spend issue and strengthening the chain back in February
2) The "fifthening" in 2 days (April 15th), block reward cut by 20%
3) ETH live testing (ghost network) PoS chain right now, target date for complete implementation June, miners likely switch to ETC en masse.
4) on ETC:BTC pair it's well above all daily MA's
5) Using 50D MA as support
Bearish:
1) Held under 200D MA
2) Market barely holding support, with ample bearish sentiment across the board
3) Lots of resistance above between here and $54
If the market pumps ETC could go bigger than we've seen a token go in a while, but anything but a strong bull market and this token has so much resistance above it there's no way it'll break out.
ETC Ether Classic Bull Flag? Ether Classic (ETC) could be ready to go. If Bitcoin continues to trade sideways or push higher, I expect ETC to break to the upside. ETC has a lot of potential with the coming POS transition on Ethereum in which there shall be an exodus of miners. Some may argue this is the very reason that ETC exists, because of the changes coming to ETH. In the end both of these are run by individuals so neither has the shine for me that Bitcoin does, but regardless... Let's see!
downtrendetc is in a descending channel
continue to be bearish on him
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retracement will happenanother bull trap like last time etc is not ready yet and btc is not moving much during this price movement i fear a bull trap
This is about the time where we look for buy entries Looking for a major quarter point rejection at the 30.00 around the weekly demand zone or at the daily supply turn into demand zone colored in purple and go for the buy . Price action looking for rejection at key prices which are quarter points and check out the trend what phase are you in when trend are you by identifying what break of structure activity is doing. Down up or consolidation.
After this buy rejection I don’t think we will be seeing ever these low prices going to the 1000000 lmao let’s go to the moon.
ETC dome top
etc. has already peaked
It is expected that there is still room for decline
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ETC, step back and rebound.The following content is machine translation:
A wave of heavy volume rose and pulled up.
Pullback in resistance near 50.
Support was found near the previous resistance at 38.
The big Yangxian rebounded yesterday.
In terms of operation, it fell back to more than 40 today, and fell below 38 to stop loss. If the rebound is successful, look at around 60.
Broken, continue to be bearish
ETC has broken
run fast
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ETC gain 100% SOONETC after break-out descending channel, build Flag pattern.
In next few day, It starts new rally and gains almost 100%.
Revise your opinionToday, yesterday's bullish view was wrong
Today etc has been broken
This rally may be over
Short-term advice to prevent the risk of continuing to fall
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ETC future projectionETC is going too make some extreme moves soon still following the events for btc back in 2013 and seems too be taking that direction
ETC production cuts
ETC expects to cut production after the end of this month
is a nice benefit
Currently in a triangular convergence pattern
Once it breaks up, it will skyrocket again
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ETCUSD LONGHello traders, here is my analysis on ETCUSD. After the brake out of the down trend, the market is giving us a very beautiful triangle consolidation structure which I am expecting it to break out to the upside and continue higher.
sell theory. before the the new highs !daily and weekly uptrend broken created new supply zone and is now selling to a previous demand zone and a weekly uptrendline around the 40.00 price,follow price action and makew orders on every broken structure and retest.
ETC Ethereum Classic: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Ethereum Classic (ETCUSD).
Ethereum Classic price on a monthly chart shows multiple areas of resistance. Price has a chance to move back down with the Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETC Ethereum Classic to the moon! 🌝 100.00 + usdMy prediction for Ethereum Classic is a whopping top out price 100.00 + usd. Once it breaks the 40.00 usd resistance level it should appreciate and double it’s value. As you can see it has gotten out of the bottom and is now bullish holding above 13.00 usd. The price should start spiking up and make a quick double top before a small sell off, then it’s off to appreciation. This is my idea! If you take a chance and risk it, the reward may be huge. Invest and trade at your own risk, research, and beliefs. This is not advice.
Good luck everyone.
Just a "classic" Ethereum (ETC) bull flag chartHey everyone,
Nothing special here, maybe a little as I just wanted to share that view on ETC and usually its Ethereum not the "classic" one, because it looks like very nice bull flag with break out and retest played out & it feels to me like a very nice R:R entry.
but there is something furthermore going on behind with ETH & ETC in next months, so I would pay attention to ETC this year.
Trade safe and keep your mind focused
Cheers
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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6-15% drop in ETCUSD detected, don't go long 🔥I detected high selling pressure on ETCUSD. The price will most likely drop beyond 6%. I expect the 6% drop to be a safe target, and if able to monitor price action, 15% could be possible for us to see in the next couple of days.
Ethereum Classic SwingApprox 23% gain from current PA to 1.618 Fibonacci.
Target Price Limit Sell: 61-66 USD
Suggested Take Profit: 1.272 Fibonacci (58 USD)
Invalidation Zone: Under 42.8 USD
Please allow 2-14 days for Swing
Not financial advice, DYOR
