ETC gain 100% SOONETC after break-out descending channel, build Flag pattern.
In next few day, It starts new rally and gains almost 100%.
ETCUSD trade ideas
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.
KEYWORDS
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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
ETC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Wave 4 retracement has bottomed out I think. It went further down than what I had counted on the previous chart. We should be working towards the last impulse wave (5).
wave 5 top: $200-250
The path in front of ETCThe path in front of ETC
If the range of is broken, the movement steps are marked on the chart.
This is just an analysis.
good luck.
Ethereum Classic Back On Bullish Watch
Hi everyone:
Also on my watch for further bullish up move is ETC.
We can see after the initial bearish down move, price has develop into a larger descending structure.
As we know descending type of consolidation give good probability for bullish reversal price action.
Latest development has given us a strong, lower time frame impulse phase up, breaking above the structure.
Now, to confirm further upside, watch for bullish continuation correction to develop and finish, to confirm the next up move to the highs.
Thank you
ETC possible scenario and 2nd leg.. Folks,
It hurts if you see a CRYPTO classic breakout as we see here on the chart for ETC and you have missed it..
But most of the time these breakouts these strong tend to give 2nd chances in the form of a 2nd leg..
Be patient.
Feel free to comment, share and hit the like and make sure you follow.
ETCUSD Cryptocurrency Market (2022-March-24)For currency pair ETCUSD, wait for another pull back. Currently, the currency pair is overextended.
What's next big resistance for ETC
according to my opinion we can expect retracement since we are close to major resistance levels and the up trend seems to be to linier, therefore correction can be expected at the marked resistance levels.
ETC to revisit ATH?gm frens,
If you follow me, you know I've stayed bullish $ETC.
Revisiting the $65 region seems inevitable, as miners realize that $ETC can be a way to recycle their $ETH gear. Then it's a virtuous circle of higher hashrate, project becomes more interesting to build on, prices goes up, mining becomes more attractive, etc.
So far my January 2022 prediction has been correct (e.g. $60 before Q2).
The real resistance is at $80. If we break it, then I think we're going to repeat what happened a year ago, meaning we could currently be a fractal of the green rectangle I highlighted. $ETC can reach $500 before summer. $1k is possible, but less plausible.
What would invalidate this scenario is a strong rejection at $60 and the whole crypto market going back bearish because of macro.
DYOR.
Is ETC dead now? Where to rebuy (NFA)ETC surprisingly beat my 55% target increase in just a few days from posting that. Curious if they have bragging rights or awards you can get on here for being so spot on, lol.
Anyways, I found 3 things on my chart that all pointed to the same spot for ETC to make a higher low in the uptrend. The peak had a bullish penant it broke down from, I measured it and drew a yellow arrow on my chart. It just happened that it aligned exactly where I had a support / resistance line (not sure what time frame admittedly I have a lot from short time frame margin trading), and even cooler was that the 100 or 200 EMA depending on if on 2 or 4 hour chart also aligned at the same spot (or will as it falls).
That’s where my limit orders will be, but admittedly I feel lost without my ETC coins. I’ll probably DCA a few in beforehand. I need to work on the no emotion thing. What can I say even at the peak I believe it is way undervalued. I just won’t miss out on great trading opportunities while holding a bunch of it. I’ve been shorting since the breakout downwards of the triangle (there was a false break to upside originally on smaller time frame that’s why pattern looks a little weird.)
**The rebuy area the chart points to in yellow is not financial advice. Do your own due diligence. I have been extremely accurate in the past with predictions and forecasts but that does not guarantee future success.
Dont you worry bout a thangwe could retrace to $29 or $37 .... we could also just blow past $50 after consolidation. Been mining ETC for a few months and todays pump was a good day to SCALP profits for a quick retrace.
Sold at $52
Current price: $48
watch for volume and retrace, if not, were pumping, just a guess
[ETC/USD] Long term: What is the future of ETC?TREND:
Trending line has clear bearish tendencies since the end of February.
SUPPORT:
We are currently missing any major support line until around 2.662USD. Either we will create a new support by side action or we will fall in correlation with the trend line.
VOLUME:
Volume is proving to be not big enough for bulls. We can clearly see that bears are taking the lead. Should we see some change? If yes, then already mentioned side action is needed with higher highs.
RSI (100days):
It is currently on 42 (meaning of life?) which is not hugely oversold, therefore there is still lots of room for selling action.
Summary and prediction? I see ETC slowly falling down to the area of 2.662USD until the half/end of January.
If you agree, then your like is appreciated :)
Happy trading.
ETHEREUM CLASSIC Resistance levels Honestly this caught me off guard so far but as we can see is a nice strong price movement going up so far breaking through resistance levels and continuing on its way upwards too a new ath like last year.
ETC stopping target detected, 14% more leftWe have seen strong bullish momentum on ETCUSD coin. The momentum will continue until around $49 level. I will need to evaluate once we are at this level. I expect the price to consolidate and to form a fractal.
