Crazy targetIknow, this is insane. But yeah its crypto. Just spent money you can loose. We could be in a wave 3. Would be amazing if this happens after 8 years.
ETCUSD trade ideas
ETC Classic - BreakoutGoing long here. Excellent rally in 2021 and the same set-up is happening here.
ETC IS READY TO BLAST OFF SOON Etc is ready to boom 500 plus on this one soon i can see the pattern is the same lets go
Ethereum Classic, ETC, golden pocket sets 14x algo target, $450this is a great example of how this setup plays out. 2018 triple bottom in the golden pocket then wicking through the algo target in 2021. lets see if history repeats...
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $14.80 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $29.40
Stop: $20
Resistance: $42 - order block
Target: $450
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
ETCUSD Poised for a Breakout - $200+ TargetEthereum Classic (ETC/USD) has been consolidating for months, but a breakout above the $27 level could spark a historic rally toward $200+. The long-term downtrend resistance, indicated by the dotted green line, is being tested, and bullish momentum is building. Key support is seen at $17.00, and a strong break could propel ETC to much higher levels.
- **Support Level:** $12.64
- **Resistance Level:** $27 (breakout point)
- **Target:** $200+
**Indicators:**
- Momentum and RSI indicators are showing signs of strength, supporting a potential upward move.
**Note:** As always, please manage risk and use this for informational purposes only. A break above the trendline would confirm the bullish scenario.
An Extra Look at ETCUSD This chart is also a bullish one for ETCUSD just on a slightly larger timeframe
This assumes that we are in a channel right now and a little breakdown will occur to the lower support trend line, and from there the bulls can continue up to $250
Once $250 is reached I think the larger structure could break
Big gains regardless of which chart you prefer this or my previous
ETCUSD - Flat Bottom Reversals ETC has formed a MASSIVE support, similar to a prior one that resulted in a bull move up.
I think this will occur again and new ATH's will be formed
I doubt the flat bottom support will break down.
Bullish
Daily timeframe
Ethereum Classic (ETC) +3000%I bet 3% of my deposit that ETC will grow following ETH in this cycle. Start - launch of ETH ETF
Let's go
the last correction of ETCaccording to thid analyse the best time for purchusing ETC is around Dec 2024 and Jan 2025 and the lowest risk price is around 15$ for a mid term target 150$ and long term target 350$
ETC — August 2024 ATHBITFINEX:ETCUSD is not a clone of BITSTAMP:ETHUSD , but a continuation of the original Ethereum launched in 2015, which The Ethereum Foundation forked away from by launching a new protocol one year later in 2016.
Applications on BITFINEX:ETCUSD have been operating uninterrupted for a year longer than on Ethereum™, making ETC the longest-running and most reliable Smart Contract Platform.
This analysis suggests that BITFINEX:ETCUSD is likely to reach all-time high in August 2024.
NFA. DYOR.
ETC/ USD * Ethereum Classic - EWP FIB TC WEEKLY TF ANALYSISThe RSI on the lower part of the chart, currently around 39, indicating a slightly oversold condition. This suggests the market could be near a potential bottom, but further confirmation is needed.
If this ABC correction holds, the price might find support near the 0.786 Fibonacci level ($15.65) or the lower boundary of the channel. This could signal the end of the corrective phase and the start of a new upward movement (Wave 1 of a new cycle). Alternatively, if price breaks below these support levels, it could suggest further downside, extending the correction.
ETC/USD: Bearish Sentiment Dominates In my latest analysis of ETC/USD on the daily time-frame, I've observed significant bearish pressure mounting as the price hovers around crucial support levels. The chart clearly illustrates a series of Elliott Waves, combined with Ichimoku Cloud analysis and volume profile, pointing towards potential outcomes in the near term.
Key Observations:
Wave Structure:
Multiple WAVE I points have been identified, marking significant impulsive moves followed by corrections. The latest WAVE I suggests the start of another downward wave after a brief recovery attempt, which is currently being tested at lower levels.
Ichimoku Cloud Analysis:
The price is below the Ichimoku Cloud, signaling a bearish trend. The cloud has acted as resistance, further reinforcing the downward momentum. This bearish sentiment is likely to continue unless the price can decisively break back above the cloud, which seems challenging given the current market conditions.
Price Targets:
NT Target (28.86): This level was a significant target during the previous upward move, but the failure to sustain above this level indicates strong resistance and the potential for further declines.
N Target (17.3): The price is approaching this key target, which could serve as a critical support level. A break below this level could open the door to even lower prices, potentially testing the V Target (11.18).
V Target (11.18): This lower target would represent a significant bearish move, aligning with a continuation of the current downtrend if the market sentiment remains negative.
Possible Outcome:
Given the current setup:
Bearish Scenario: If the price continues to decline and breaks through the N target at 17.3, we could see an accelerated move towards the V target at 11.18. This scenario aligns with the overall bearish outlook and would suggest that the bears are firmly in control.
Bullish Reversal Potential: Should the price find strong support at the N target or the current level around 19.03, a reversal could be possible. However, the price would need to reclaim the NT target at 28.86 and move back into the Ichimoku Cloud to signal a potential shift in trend.
Conclusion:
The chart suggests that ETC/USD is under significant bearish pressure , with key support levels being tested. The failure to hold above critical targets indicates a high likelihood of further downside, particularly if the price breaks below the N target at 17.3. I will be watching closely to see how the price reacts at these levels, as they will likely determine the next significant move for ETC/USD. Traders should remain cautious and consider the broader market context when positioning themselves in this volatile environment.
PJB
ETC Time Has ComeIn order to show my previous analysis more precisely, I have to show this path that it is likely that this path will be Ethereum Classic in the next 1 year, and the start of this path, considering the completion of the time correction, can be at the end of this July and the beginning of the next month, and if in this The price path of 43 to 47$ can be broken with strength, we can speak with more certainty about the occurrence of this analysis and the target of wave 3 of this path is around $200 and the target of wave 5 of this path is around $350. In my previous analyzes I have said many times that the region It is suitable to enter at the bottom of the channel around 19$ and the time target for this path is around 14 months.
New Cycle Starting?Yep most ppl think this is dead (they may be right but who cares) - Chart is looking spicy for a huge parabolic move...send it.
Bull Run Is Comingonly two weeks left to get begin a graet bullish wave due to time analysis.the time correction is going to be end in two weeks and i guess a bullish wave will start in july and the targets of this wave are 140$ in the middle of this chanel and the top of this chanel is around 800$ that is a little optimistic.but 300$ to 400$ is realistic.all of the weekly indicators and oscilators are the same situation of the last bullish wave in 2020.the lowest risk price for buying is around 19 to 21$ and the time of this long wave is around 10 months to 13 months.the 55weekly EMA has crossed 100 weekly EMA and in ichimoku cloud has been seen two bullish steps just like the last bullish wave. and we have a 25 months's time box that will end in next month.
ETC / USD * Ethereum Classic * Weekly EWP FIB TC analysisETC / USD * Ethereum Classic * Weekly Elliott Wave Priciple Fibonacci Trend-Channel analysis
Etc bouncing off support showing sign of strengthHi all
Just an update.
Etc seems to have bounced off support and currently showing in ‘test’ of Wycoff accumulation. We want to see it hold this support and work its way Out to validate this as a bottom. We will keep an eye out to see if etc hold and to show sign of strength to then work it’s way back up
Thanks
ETC showing Wycoff accumulation Hi all
Been studying this chart for a while. Looks like Wycoff accumulation
Seems like we have surpassed spring phase and now the important levels to test as support is $34 then $53
Let’s give it a few weeks to see if this idea is valid
Thanks
Target-3 = $ 300
Chart pattern on monthly. I really like using higher time frames.
Target-1 = $ 45
Target-2 = $ 95
Target-3 = $ 300
MACD (Daily Timeframe, Buy signal):
Backdrop:
Ethereum Classic ETC 300$ on bullrun cycleOn my chart you can see accumulation phase from 12$ to 50$ , price can't broke the support level 12$ since January 2022. Also there are one more accumulation inside with range 12$ to 26$ which continues from December 2022 - 1 year of accumulation phase. On lower timeframe you can see how price works with lower liquidity and also leave compression of liqiudities which will be the fuel for bullish movement, the same view was on previous bullrun. If you enter right now and wait a time , you can easily hold ETC before ATH happen, it will be 10x from enter. The same situation with ETC/BTC and ETC/ETH , price works well with lower liquidity . Also miners can't mining ETH and a lot of people decided mining Ethereum Classic , also I believe ETH can help his brother ETC to pump coin . MAX marketcap of ETC was 14b, and that time when Litecoin had 22b, Chainlink - 20b.
Is History going to repeat?ETC above the 200W MA holding for 5 weeks now. last time this happened was 6 weeks and etc took off for 1600% what are your thoughts?
