✴️ Ethereum Classic Part 2 | Can It Go Higher Than $45?Part 1 is the July/August 2022 bullish wave...
It is hard to believe but its been more than 4.5 months since the last high.
Cryptocurrencies tend to correct for 2-3 months, normally... This time it has been already 4.7 months and we are still within a higher low.
What this means is that the next bullish wave is overdue.
Even on another shakeout, it gets closer and closer with each passing day.
Higher lows lead to higher highs... So there is potential for Ethereum Classic to go above $45 .
See the chart for additional information.
Namaste.
ETCUSDT trade ideas
Ethereum classic ETC has almost reached the bottom!Hello, traders!
Last couple of days we told about we told about crypto assets which have to dump significantly before reaching the actual bottom. Today we have Ethereum Classic which in my opinion has only 20% potential dump before the new bull run .
ETCUSDT showed the wonderful corrective wave C which caused the FOMO and hit $45 , but after that the ending wave 5 became the huge disappointment for hurried traders. This wave has the clear internal structure. Minimal Awesome Oscillator value helps us to find the bottom of the wave 3. The entire cycle can be drawn using the wave 3 point. I suppose now ETC is in wave 5 inside wave 5. It has the natural target $12 where I am going to buy this cryptocurrency.
Even if Ethereum Classic is a scam the buyer reaction is anticipated from this level because it’s the huge liquidity are. The guaranteed target is the 0.61 Fibonacci at $30 , therefore we can make an easy 2x . I am going to execute this trade.
Best regards, Ivan
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ETC/USDT Bullish flag is formingHey guys ✌️
ETC/USDT is another coin we see that might spike soon. There is a good possibility for ETC token to show some bullish movement after forming that bullish flag just below our EMA levels. We will wait for additional confirmation here before entering a position
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETC: Price Finally Completed a Bullish Harmonic PatternETC: Price Finally Completed a Bullish Harmonic Pattern
After so many days the price completed a harmonic bullish pattern
which I have shared before.
Trading volume is very low since FTX dumped the entire crypto market.
However, the price completed this beautiful harmonic bullish pattern
and it can be a good signal that the bullish wave should be ready soon.
PS: If all will be well regarding the fundamental outlook of the crypto market the price should rise again from this point.
Targets:
🎯 20.46
🎯 22.46
🎯 26.63
🎯 31.25
🎯 39.30
Thank you and Good Luck!
ETCUSDT wants the pullback?The price is testing the resistance after the price had a false breakout from the dynamic support.
How to approach it?
IF the price is going to have a breakout and retest the local resistance as new support we could see a pullback until the 18$ area, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
✴️ Ethereum Classic Weekly | Falling Wedge Clear Picture (120%) It doesn't need any analysis does it?
Ethereum Classic (ETCUSDT) on the weekly timeframe gives a clear picture.
We have the classic falling wedge pattern and a perfect -9 on the TDs showing up.
We have a long-term higher low when looking back at June and the value area also points up.
No need for more analysis... Over 120% possible in 2023 Q1.
Namaste.
Coinbase to delist Ethereum Classic ETC from Coinbase Walletpast chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar ( XLM ) from Coinbase Wallet!
My price targets:
ETC/USDT short
Entry Range: $19 - 20
Price Target 1: $16.77
Price Target 2: $14.24
Price Target 3: $12.82
Stop Loss: $23
ETC/USDT waiting for entry zoneGood morning guys
Next one on our watchlist is going to be ETC token. Well we won't talk much here - we see that we need to exit this yellow zone for our next movement to happen so that's what we are going to wait for. Here we would like you to take a look at BB indicator and EMA zones before entering any position on this trade!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETC - Technical review and analysisThe price of Ethereum Classic is in a downward trend in many timeframes. A decline in price to the considered support levels is expected. The first support range is $17.75-$16, and there is a possibility of breaking this level due to the lack of buying power.
Therefore, closer but more important support is considered in the range of $14.90-$16. If the price hits this level and forms a possible positive divergence, we can expect a positive swing from This range to be seen up to the ceiling of the descending channel. This support area overlaps with the midline of the main descending channel, and given that the biggest bullish wave of the past few months started from this level, a return to this area could activate some dormant buy orders. We expect the price to return only in case of a good and strong reaction.
Ethereum Classic(ETC) is preparing for the fourth BIG move!As you can see on the chart that my indicator showing Ethereum Classic is preparing for the forth Big move!
The first volatility warning signal happened on June 10 with the drop of 35.90%
The second volatility warning signal happened on July 17 with the pump of 212.75%
The theird volatility warning signal happened on Oct 11 with the pump of 23.78%
The fourth volatility warning signal has been maturing.....
I am not going to predict the direction of this movement.
I will follow the trend when there is a big dark(red) or White(Green) occurs.
ETC potential inverse H&SHi everyone,
I will appreciate for ur activity. Thank you!
We have potential Inverse H&S and I think that after some consolidation we will continue to rise into our main resistance zone .
Targets: 22 - 23 - 24.5
Stop: 17.5
RR: 1 to 3
I hope my work suits you and you are satisfied.
DYOR!
ETC/USDT Possible movement Hello guys
Let's kick of today with ETC coin right here. We see that the triangle formation has been broken down and price is currently inside the support zone which means that that zone is weak and might be broken as well. Once we break that level we are good to short this coin until we reach lower levels
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETCJuly was a very productive month for ETC! And the price has risen by about 200%. Then he rolled back almost to his original position. And now it is in the vicinity of a strong price zone. I think that from this mark, ETC will unfold and gain a new growing trend. And most likely after breaking through the price of $25, this level will become a point of no return. And the nearest potential growth will reach the price of $33.