ETCUSDT COULD BREAKOUT SOONETCUSDT could breakout anytime soon. If ETH reverse to uptrend, ETC breakout will be bullish.
Wait for candle confirmation before open position.
p.s not financial advisor
ETCUSD.P trade ideas
2500 usd PRICE TARGETAs you can see on the chart, the fib extension 2.61 is around $2,500 per ETC. I believe this price will be the end of the Bull market.
ETC was the last to peak during the wave 3, so the big question is wether ETC will be the last coin to peak or this time the order is different?
Thank you
ETC/USD (Test 1st Key Support Area)💎Technical Analysis Summary💎
ETC/USD
-After a strong move up last June 22 by almost 100% increase
-ETC failed to regain above the 50D Moving Average
-This Moving Average acted as a dynamic resistance zone
-Now, the price is retesting the support area number 1
-If we can see a strong bounce from here, I expect a retest of 50D MA again
-But if this support failed, the potential level to watch is the 200D Moving Average
-ETC is likely shifting to range-bound trading in the coming weeks
-So please be cautious buying at support or looking for a long term position
-Good luck traders! please manage your risk properly
⚠️Please always read the description⚠️
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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Ethereum Classic (ETC) - July 15Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ETCUSD 1W Chart)
If the price is maintained above the 42.1-47.296 range, it is expected to create a new wave.
(1D chart)
It remains to be seen if the 37.180-47.947 zone can support and move up.
If the price is maintained in the 47.947-69.480 range, it is expected that the uptrend will continue.
If it goes down from the 37.180 point, there is a chance that it will fall below the 25.179 point, so you need to trade cautiously.
However, it may follow an uptrend line, so you should be prepared for this.
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(ETHBTC 1W chart)
If the price maintains above the 0.040575-0.045 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 0.060306-0.065674 zone can find support and move up.
If the price holds above the 0.065674 point, it is expected that the uptrend will continue.
The 0.048795-0.053586 zone is an important support zone.
I think the big uptrend will most likely start with a break away from the downtrend line (1).
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ETCUSD Breakout imminent 6/22 made the lows for the year, based on time cycle of low before run to 175, that has not been violated, trend likely to start swinging positive between 7/13 and 7/18, and we likely will not see these price levels again.
Etc!!Etc lost consildation support when it broke 48.5. It has a big area of support to watch at 45.7 however it could bounce and retest and reject at 48.3 and head further. This is the first area I am watching Howe ever losing and closing below 45.6 creating a further consildation could leave us headed to 42$ level or lower
💥ETCUSD T0 PUMP BY 20% - 60% ($60 - $80)Please support this idea with a LIKE👍 if you find it useful🥳
Etherum classic broke out of a triangle and pump again into another triangle.😂
If you take a closer look at the chart, you will notice that price also has an inverse head and shoulder which gives a buy signal.
Therefore I expect price to break out this current triangle and pump to the neckline at $60.
Once price breaks the neckline, I expect a rise to $70, and $80.
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
ETC - Long - 4/1 RRPlaying the bullish 50 off the bearish harmonic - 4HR bullish divergence on the RSI... lets go!
Ethereum Classic - ETCUSDHello Traders
Ethereum Classic recently undergone a pump-and-dump and is currently hanging on a thread by our last major support zone.
If we close a daily candle BELOW this zone, I expect more downward pressure.
Check out my related video analysis below,
Trade Safe
Evelyn
Update
The Most Powerful Elliott Wave is wave 3.
Wave 3 coming. Warm hugs for ETC!
BTC is in Bullish (see attached idea).
Follow updates.
EtcJust noticed something on the daily here for etherum classic. Big support 100 ema on daily. Big resistance at 59.3 50 ema on daily. 21 ema daily is at 49.5 ish. So we def will see a big move one way or the other within the week!!! Keep an eye. Could be a great downside or up side money maker
EtcMy decending traingle idea may have been invalid here. Seems to have bullish divergents confirmed on 4hr here. Making a double bottom bullish?? We will have to see. Might get a breakout to the upsides only if we confirm support above 59$. Upper resiatnce here is 57.3$
Bull Pennant Formation ETC/USDA bull Pennant is forming around Ethereum Classic to the United States Dollar. If price brakes above this wedge I believe we will have a good run. We had a long slight declined consolidation for a month that finally broke a few days ago, after the retest we are left with this Bull Pennant formation.
What are your thoughts?
EtcAnyone playing ETC. I am spotting a descending triangle. Lower support 50 ish dollars upside target 39. Upside target 67
ETCUSDTRISK MANAGEMENT is very important to this analysis. Trade Responsible.
#PinoyTrderTayo!!!
#CryptoLife
ETCUSD looks really want to reach 70$-75$Nicely goes up. Hope to sell it around 70$ if he won't by exhausted by then...
ETC- 50/50 Outlook over this month leading to Magneto upgradeHello Traders,
Like most of the market, we are awaiting a continued confirmation of an uptrend.
In the meanwhile, it seems to be fruitful to follow the events and/ or upcoming upgrades.
Though not all of the apples fall from the same tree, as some events go unnoticed, so it may serve you well, to follow the more common and well known projects.
Yes, they may not put off the 400% gains but, a potential 100%-200% gains will do anyone just fine.
ETC looks to be forming an inverse Head and Shoulders pattern on the hourly chart. The daily chart may be forming a short term bearish pattern leading to a retest of the bottom trend line. Unless, the recent upward movement continues and it can push past the resistance.
In any case, I think ETC can have a strong next couple of weeks, giving a 50/50 chance of solid ROI of 80%-100%, landing us in the $120.00 range.
This week, will be big for the whole market, as it will be the beginning steps to a bullish confirmation for the remainder of the year, or a slow and steady bleed.
Good luck.
ETC: Near-term forecastHi Everyone,
Just to share a near-term forecast for ETC.
I think we've recently completed 4 sub-waves and entering the 5th Elliot Wave currently.
Based on this, I expect the 5th wave to reach at least to 67USD. This corresponds to both the 24% internal Fibonnaci retracement on the higher time frame, and also close to the 61% extension of Wave i-iii.
However, this ignores fundamentals, and the action of the overall crypto market.
Good luck!
