Get started
Ethereum ClassicEthereum ClassicEthereum Classic
#29#29#29

Ethereum Classic

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ETCUSD trade ideas

ETCUSDT Bullish Opportunity with XABCD Harmonic PatternOverview: ETC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action nearing a crucial support zone. This confluence suggests a potential bullish reversal from point D, indicating favorable trading opportunities for market participants. Key Technical Observations: 1. XABCD Harmonic Pattern: The chart analysis reveals the emergence of an XABCD harmonic pattern, characterized by distinct price swings that conform to Fibonacci ratios. This pattern indicates a potential reversal zone, with point D signaling a probable shift in market direction. 2. Key Support Area: Price action has approached a significant support area, enhancing the likelihood of a bullish rebound. The convergence of the harmonic pattern and the support zone strengthens the validity of the anticipated bullish move. Trade Recommendations: - Entry: Consider initiating a long position near 32.8150, aligning with the anticipated bullish reversal at point D of the harmonic pattern. - Stop Loss: Implement a stop-loss order at approximately 31.1750 to mitigate potential losses in case of adverse price movements. - Take Profit Targets: 1. TP-1: Set the first take-profit level at 34.5800 to secure profits as the price advances in the bullish direction. 2. TP-2: Aim for the second take-profit level at 36.1933 to capitalize on further upward momentum. 3. TP-3: Consider a third take-profit target at 37.8760 to maximize returns as the bullish trend potentially extends. Risk Management: Maintain prudent risk management practices by adhering to the specified stop-loss level and adjusting position sizes according to individual risk tolerance. Periodically reassess the market conditions to adapt trading strategies accordingly. Conclusion: In summary, the technical analysis of ETC/USDT suggests a favorable outlook for bullish opportunities, supported by the formation of an XABCD harmonic pattern and price action nearing a critical support area. Traders are advised to consider the provided trade setup, incorporating appropriate risk management measures to optimize potential returns while safeguarding against downside risks.
BINANCE:ETCUSDLong
by trading_jupiter
2
Ethereum Classic halvingETC: Ethereum Classic next halving(20% reduction) is forecasted to occur on or around May 31st 2024, block height 20,00,001. So far, the market structure that ETC has formed leading up to 5/31/24 does point to a potential high of 54 by then. ETC's 2 year high just so happens to be 54. BCH: Bitcoin Cash completed it's halving on 4/3/24, block height 840,000 hitting it's +2 year high. And everyone knows BTC: Bitcoin halving is coming up on 4/18/24, block height 840,000 and has already surpassed it's +2 year high making all time highs. Please comment and let me know what you think about the up coming Ethereum Classic halving catalyst?
COINBASE:ETCUSDLong
by Options360
ETCUSD new rally starting towards $50.Ethereum Classic (ETCUSD) has started to rise again, so far being on the 2nd straight green 1D candle, without breaking the key 1D MA100 (green trend-line), which has been supporting since essentially the October 23 2023 break-out. As long as this holds and ETC keeps closing the 1D candles above the 1D MA100, we expect a new cyclical rally to start within the Fibonacci Channel Up. The last one was +83.17% from its Higher Low, so a repeat would give us $49.00 by May. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETCUSDLong
by TradingShot
Cryptolean Ethereum Classic ETC Update For now, Ethereum Classic found a support at $29.43 and is re-testing $31 resistance. A bullish break-out of $31 and a bullish candle closure above this level will result in a re-test of $32.91-$34.26 where the EthereumClassic price action will be very important. A rejection of $31 followed by a bearish break-out of $29.43 will push #ETC price lower towards $26.49. Intraday Chart The ETCUSDT 4-Hour chart is bearish and lingering around $31. A bearish rejection of $31 or $33.10 resistance will push ETC price towards the key intraday support zone at $26.76-$28.53, where I will be closely watching the price action. A bullish break-out of $31 followed by a break-out of the key resistance at $33.10 will push price to re-test $37, however the price action may be slow and choppy . Support once read! Thank you.
COINBASE:ETCUSD
by Trade-Lean
1
Signs of change1-(Jun 10 2023) Ethereum Classic (ETC) is not a security under existing United States laws 2-(24 Nov 2023) Golden Cross 3- (17 Jan 2024) BTC Sees Its 1st weekly Golden Cross. lets take a deeper look: Bitcoin (weekly) Conclusion: Mentally prepare yourself for bull markets (Ignore people who sell ETC now (they cannot predict what will happen!) you will see the result soon!) Target-1 (short term) = $ 45 Target-2 (medium term) = $ 95 Target-3 (long term) ----> 1 ETC = 1 BNB
BINANCE:ETCUSDLong
by BTC-XLM
11
Crypto Trading - Litecoin Imagine you're a trader strolling through a wholesale market, eyeing undervalued goods. Similarly, when diving into BINANCE:LINKUSDT Litecoin's price range of $20-$25, you're strategically positioning yourself for potential gains in the anticipated retail range of $129-$175. On your TradingView charts, BINANCE:LINKUSDT Litecoin appears to be residing in a wholesale zone at $20.81. Think of this as the opportune moment to secure assets before they surge to their retail value. This could be your entry point for a strategic positional hold or investment. BINANCE:LINKUSDT Litecoin is the masterpiece waiting to unfold. Engage with fellow traders below, share your insights, and let's collectively navigate the crypto seas. What's your take on this wholesale-to-retail strategy? Chart your thoughts in the comments and let the community thrive!
COINBASE:ETCUSDLong
by ImmaculateTony
Time for ETC to run - 200%+ upside? ETC is breaking out of a long-term downtrend (evidenced by the downtrend line being broken and retested on the chart). Also seeing MACD crossing bullish on 10HR timeframe and above 0 boundry, rising OBV above previous highs. All this is indicating to me that we're close to a large move for ETC. I think if ETC does break out here, it should hit the $59-69 region over the next 2 or so weeks. Also possibility, it stalls at the lower resistance. Let's see.
COINBASE:ETCUSDLong
by benjihyam
7