Etc bullish opportunity Following an upward impulse price has reached the golden buy area of 61.8-78.6 fib zone
ETCUSD.P trade ideas
ETC Price Analysis: Poised for a Possible Surge to $40Ethereum Classic (ETC) is currently undergoing a retest phase after a recent bullish breakout from a consolidation range.
The weekly chart shows a potential end to long-term lower-high formations, hinting at a trend reversal.
ETC's price experienced a significant 37% recovery last week, followed by a minor 6.47% pullback.
Current retest phase viewed as a potential entry point for investors, aligning with bullish ETC price predictions for 2024.
The daily chart reveals a retest of the 50-day EMA and the 38.20% Fibonacci level.
A recent uptick in trading volume could signal a resurgence in bullish momentum.
ETC trading at $24.82, with a slight 2.05% drop, possibly indicating a shift to sideways movement.
Stochastic RSI approaching oversold territory suggests a potential bounce back.
Ethereum Classic shows robust support at the 50-day EMA, ready to counteract selling pressure.
If buying pressure persists, ETC could breach the $30 mark and aim for a $40 target.
Conversely, a failure to maintain current momentum could see ETC test lower support at $20.
The current market dynamics and technical indicators suggest a cautiously optimistic outlook for ETC's near-term price movement.
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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Etc analysis Tbh I wouldn’t even trade just buy and hold
However we just starting the bullrun and not to mention an eth etf is upon us
I’m bullish just expect pullbacks along the way if trading
Good luck
How many chances do you think Ethereum Classic will give you?
Target-1 (short term) = $ 45
Target-2 (medium term) = $ 95
Target-3 (long term) ----> 1 ETC = 1 BNB
You know what I'm saying is true, I know you know!
Appendix:
1- BNB (2021-2022)
2- Ethereum Classic (ETC) is not a security under existing United States laws
ETC Price Analysis: Aiming for $40 Amid Market OptimismKey Analysis Points
Current Market Scenario: ETC price experiences a bullish turnaround following the Bitcoin ETF approval, boosting the altcoin market.
Recent Performance: ETC price has surged by 46% this week, breaching the $25 level.
Technical Outlook: Fibonacci levels in the weekly chart suggest that ETC could target the $40 mark.
Market Dynamics: The broader market uptrend, particularly in altcoins, is fueled by the SEC's approval of the Bitcoin Spot ETF.
Chart Analysis: ETC's break from a year-long consolidation and a bullish breakout above $23 signal a significant trend reversal.
Volume Surge: A 250% increase in 24-hour trading volume underpins the current price rally.
Price Movement: Currently trading around $28.43, ETC is forming a bullish engulfing pattern in the daily chart.
Technical Indicators: Daily MACD shows a bullish crossover, and EMA trends hint at a potential golden crossover, reinforcing bullish sentiment.
Upside Potential: ETC's momentum could carry it beyond multiple resistance levels, aiming for $40.
Downside Risk: If ETC loses steam, a retest of the $25 support level could be imminent.
ETCUSDI see something like this,
Not financial Advice.. Do your own research trade at your own risk,
ETC Bullish breakout ETC has broken above a key resistance zone and is currently holding it as support.
It created at and eve bottom at a major support along with double bullish divergence on both indicators.
We deem ETC as a great opportunity in the altcoin space that we believe is in great shape for a bullish run in the near future.
Should ETC Break 23 dollars we see the next target as a massive 45 dollar target.
Weekly shown below to showcase key levels and targets
ETCUSD - 1:1 R2R But Likely to Turn ProfitThis is just a 1:1 R2R setup, however I believe this setup has greater likelihood of turning profit before getting stopped out.
ETC BULL MARKET GETTING STARTEDETC is breaking the previous downtrend line and it has reversed from the golden pocket of previous bull market.
ETCETC is looking bullish for long term (W frame )
i just need to finish B correction to accumulate in the box below ( demand area )
peace :)
this is not a financial advice just my expectations based on my knowledge of analysis
siiiiiiiip Ahhh classicChart looks good. I have a feeling it wants to reclaim that black line and turn it into support.
If it fails and I'm stopped, we'll wait and see what King Bitcoin wants to do before re-entering.
Ethereum classic is the real Ethereum.
ETC price levelsETC is performing really well at different price levels. However, buying now is a very bad idea. The $19 level is a good spot; there's a high chance it will dip to that point again. Comparing it to Bitcoin, Bitcoin has already doubled in value, but ETC hasn't, just like many other altcoins. During Bitcoin’s correction phase, there will be great opportunities to buy as many altcoins are likely to retest their lows.
Looking at the monthly charts, it still looks bearish. On the weekly chart, we're seeing the start of an upward momentum. Daily charts show heavy overhead selling pressure; a pullback is likely soon. It's more important to monitor Bitcoin and see how it recovers. If there's strong buying around $40k for Bitcoin, then it would be safe to go ahead and buy altcoins.
For ETC, prices at $15 or lower are really attractive entry points for purchasing.
ETC Price Explodes With $20 Break, Eyes $30!Strong Bullish Trend and Range Breakout: Ethereum Classic (ETC) displays a robust bullish trend, culminating in a range breakout.
Breakout Rally Towards $25: The ETC price shows signs of a strong breakout rally with a target of reaching $25.
Potential to Reach $30: If ETC sustains its current momentum, it can potentially ascend to the $30 mark.
Bullish Comeback in December: ETC makes a bullish comeback, contributing to its 38% year-to-date growth.
Influence of Bitcoin and Ethereum's Rise: The rise in Bitcoin and Ethereum's prices positively affects Ethereum Classic's market trend.
Rounding Bottom Pattern in Daily Chart: The recovery rally follows a rounding bottom pattern, indicating trend continuation.
Increase in Trading Volume: A significant rise in trading volume suggests increasing demand for ETC.
Crossing Long-term Barrier at $20: ETC crosses a crucial long-term barrier at $20, signaling a bullish breakout.
16.26% Jump in Seven Days: ETC experiences a notable 16.26% increase in the past week.
Current Trading Price: ETC is trading at $21.52, up by 5.87% intraday.
Technical Indicators - MACD and EMA: The MACD indicates a bullish crossover, and a golden crossover in EMAs suggests a trend reversal.
Risk of Decline to $17: A failure to maintain momentum could lead to a retest of the $17 level.
ETHEREUM CLASSIC BREAKOUT #ETC to $40Some push on few majors
ETC possible break out and post push to $40
eth classic ending diagonal wavebreakout in wave 5 of ending diagonal
target around 340
nfa
y axis only
ETC - Dead project or Resilient Hold ?Hi Traders, Investors and Speculators of Charts📈📉
The Ethereum Classic fork was a result of a disagreement within the Ethereum community over how to respond to a hack that had occurred on the network. The hack resulted in the theft of 3.6 million ETH. Some members of the community believed that the best way to respond to the hack was to hard fork the blockchain , which would erase the hack from history. Others argued that hard forking would set a dangerous precedent and would be a violation of the principle of immutability .
Those who opposed the hard fork eventually formed the Ethereum Classic community. They believe that the original Ethereum blockchain should be preserved, even with the hack in place. They argue that hard forking is a form of censorship and that it is important to maintain the integrity of the blockchain.
You can't really call that ETC is a dead project, reasons being:
1) It has a strong community of supporters and there is still active development on the project 2) ETC is listed on many major cryptocurrency exchanges
The market sentiment on ETC is mixed. Some people believe that ETC still has potential to become a major player in the cryptocurrency space, while others have shifted focus towards other, newer altcoins. The future of ETC is uncertain, but it's still unreasonable to call it "dead", at least for the time being.
FOUR main things I'd consider with ETC:
📢1) Old bag holders may want to look for the first opportunity to get out, creating strong resistance zones
📢2) At the end of the day, it's a coin that can be traded and most probably will be traded by whales though this kind of behavior is usually very untimely and unpredictable (we observe a similar situation on XRP)
📢3) ETC has a history of security vulnerabilities
📢4) ETC has a limited supply of 210.7 million coins
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COINBASE:ETCUSD BINANCE:ETCUSDT
BULL ready 4 WAR with GRIZZLY EQL, bearish OB’s, usually trend always comes to a stop at the order blocks and that would depend but will come after a tiny dip for either a second or 3rd round until the break through. Good news, there is a bullish divergence on its way. Will meet at the top bullish gap. After the gap there’s a break through and I won’t say where because I take this on a day by day. Don’t want ya to have hopes then comes another fall.
Value can’t go any lower than bullish OB’s. Will form liquidity soon after a spike, if so, will downtrend to sweep liquidity then will move back up.
ENTRY at $29.29
FYI: incase there’s a NYSE downtrend, ADR declines then crypto losses value but will regain. if you enter don’t sell for a loss:
ETCUSD $23.27 maximum targetPattern failed at my previous analysis at ETC, but its not bearish yet.
we can see a strong diagonal support keep climbing and create another higher low.
if this diagonal support broken, we still have fibonacci support at $19.49 with target at :
Fibonacci 1.272 at $22.48
Fibonacci 1.414 at $22.83
and Fibonacci 1.618 at $23.27 as maximum target
If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETCUSD to reach bullish target
Click here to check my other analysis
ETCUSD fibonacci supportETCkeep climbing with bullish trendline, and found fibonacci support at $19.34
If trendline not broken, target at $23.394
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETCUSD to reach bullish target
Click here to check my other analysis
Will ETC Price Manage To Drive To $30?Bullish Trend Emergence: ETC shows a strong bullish trend, ending the 2023 downtrend.
Significant Milestone: ETC price crosses the crucial $20 mark.
Golden Crossover Indication: Key EMAs hint at a potential golden crossover.
Next Targets: ETC aims for $25, with potential to hit $30.
BlackRock's Ethereum ETF News: A major catalyst for the recent surge.
Technical Indicators: MACD suggests a bullish gap; EMAs support a golden crossover.
Trading Volume Spike: A significant increase in trading volume backs the bullish trend.
Price Action: ETC forms a bullish marubozu candlestick, indicating strong buyer control.
Market Sentiment: Overall positive market conditions boost altcoin demand.
Bearish Scenario: A fall below $20 could see ETC drop to $17.
Long-Term Outlook: ETC price predictions remain optimistic for the coming months.
Influence of Ethereum ETF: Blackrock's move is a key driver for ETC's price action.
ETCUSDT#ETCUSDT
One of the currencies that has reached a valuable price is the #etcusdt currency....
After several years of price correction and time correction, it has reached an attractive area for buying and investing.
What basic technical science says is that we should wait for price growth from these areas.
The desired target is the ceiling of the price channel.
In my opinion, futures trading does not seem logical. Be more active in the spot market.
Will ETC Price Bounce To the $20 Mark?Market Context: Ethereum Classic (ETC) is showing a strong bullish trend, aiming for a range breakout.
Current Status: ETC is trading at $17.32, with an intraday fall of 0.86%.
Resistance Level: The key resistance level is at the $20 mark.
Technical Indicators - EMA: A declining gap between the 50-day and 200-day EMA suggests a potential golden crossover.
Technical Indicators - MACD: MACD and signal lines are rising, indicating bullish momentum.
Recent Performance: ETC has made a strong comeback from the $14.75 support level.
Potential Targets: If ETC breaks the resistance, it could aim for $20, a 20% price jump.
Downside Risk: A failure to sustain momentum could lead to a retest of the $15 level.
Market Sentiment: Overall sentiment is bullish, hinting at a positive end for 2023.
Long-Term Trend: ETC aims to continue its bullish trend in the coming months.
Market Catalysts: A bullish breakout could significantly increase the chances of reaching the $20 mark.
Long-Term Outlook: ETC price predictions remain optimistic for the foreseeable future.
