#ETC 1W: Stable Asset with Growth Ahead. 11/28/24This is a long-term, consistently stable asset. Its price is influenced by Ethereum’s (ETH) dynamics, often following ETH’s price movements.
For over 1,000 days, the asset has traded within a sideways range, suggesting liquidity accumulation and a consolidation phase, where the price remains relatively unchanged. Such phases often precede significant growth.
Currently, resistance is at the upper boundary of the range, which may not be broken on the first attempt, potentially causing a pullback to current levels. In any case, it’s reasonable to begin building a spot position from current levels and consider swing trades with further accumulation on corrections. Targets are shown on the chart.
Personally, I anticipate further growth after breaking through resistance and plan to open a long position on the pullback.
DYOR.
ETCUSDT trade ideas
ETC/USDT Analysis:$ETC/USDT Analysis:
#ETC Current price at 29.77 is forming a bullish structure with a potential breakout. Key targets:
T1: 35.31
T2: 40.20
T3: 44.71
Ideal entry near 29.50-30.00, with a stop loss at 25.93. A confirmed move above 30.00 signals further bullish momentum within the ascending channel. 🚀
#ETC Ready For Bullish Surge or Bearish Breakdown? Key Levels Yello, Paradisers! Is #EthereumClassic about to make a major bullish breakout, or will it fall back into seller territory? Let's see the latest analysis of #ETC:
💎#ETCUSDT is showing some positive signs, holding strong near the critical support range of $16.9-$17.8. However, #ETC must maintain momentum and stay above this support zone to confirm a bullish continuation. This positioning could pave the way for a breakout above the internal resistance.
💎For a genuine breakout, BME:ETC has to decisively move beyond the internal resistance at $23.1. Look for robust, engulfing candles and sustained upward momentum as key indicators of strength here. Diving in too early without these signals could lead to unnecessary risk exposure.
💎The risk of losing momentum remains. Should ETC fail to break above $23.1 and show signs of fatigue, sellers may seize control. In this scenario, the $16.9-$17.8 support zone becomes even more crucial, as it has previously withstood significant downward pressure.
💎If this support range holds, the bullish potential remains intact, with a possible bounce sparking renewed buying interest. However, a break below $16.9 could invalidate the bullish setup, potentially leading to a sharp decline toward the next demand level at $14.71. A fall below this secondary support could signal even further downside, marking a critical juncture for #EthereumClassic’s trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
#ETCUSDT #1D (Bybit) Descending wedge breakout & retestEthereum Classic regained 50MA support and seems to be heading towards 200MA resistance, probably after a pull-back.
⚡️⚡️ #ETC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.6%
Current Price:
20.620
Entry Targets:
1) 19.256
Take-Profit Targets:
1) 24.837
Stop Targets:
1) 16.459
Published By: @Zblaba
CRYPTOCAP:ETC BYBIT:ETCUSDT.P #1D #EthereumClassic #PoW ethereumclassic.org
Risk/Reward= 1:2.0
Expected Profit= +86.9%
Possible Loss= -43.6%
Estimated Gaintime= 1-2 months
ETC ANALYSIS (update)🔮 #ETC Analysis
🌟🚀 As we sail earlier, #ETC performed the soo well & 78% Profit booked. Currently #ETC is trading around its consolidation point. We could expect a breakout and reach towards resistance 1 zone and could expect a potential bullish move📈 Expect a bullish wave of around 20-25% in the coming days
🔖 Current Price: $26.88
⏳ Target Price: $33.83
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ETC #Cryptocurrency #DYOR
Alikze »» ETC | Completing the corrective leg C🔍 Technical analysis: Completing the corrective leg C
- In the analysis presented in the previous post, after reaching the supply limit, you were faced with selling pressure. After that, it has entered a correction cycle.
- Currently, it is channelized, moving in the downward channel in the daily time frame.
- According to the current correction structure, this correction is a three-wave correction that can enter an upward cycle within the specified range after confirming the reversal of the trend.
- Therefore, I expect that it will encounter demand in the buying range and then leave the downward channel and grow up to the first supply area or Fibo 0.618.
- In addition, the most important area for an upward trend is the $25 range, whose high stabilization will have the ability to reach the supply range of the previous ceiling.
💎 Note: Note that if the bottom of the buy zone is stabilized, the bullish scenario is invalid and should be updated again.
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BINANCE:ETCUSDT
#ETC/USDT#ETC
The price is moving in an ascending channel on the 12-hour frame and is sticking to it to a large extent
We have a bounce from a major support area in green at 17.70
We have a downtrend on the RSI indicator that was broken upwards, which supports the upward trend
We have a trend to stabilize above the 100 moving average, which supports the upward trend
Entry price 18.40
First target 20.38
Second target 22.33
Third target 24.37
Ethereum Classic Moving Above $450 Means 2000%+ Growth PotentialGood morning ladies and gentlemen, are we there yet?
This is truly the longest accumulation phase ever for Ethereum Classic, the current price at which it trades happens to be within a range that has been active since January 2022, almost three years. The longer the accumulation phase, the stronger the bullish cycle that follows.
Back in 2018 and leading to the 2021 bull-market, the accumulation (consolidation) phase lasted 805 days. The bottom was hit March 2020 and please keep in mind that the bottom doesn't have to hit at the end of the accumulation phase. Present day the accumulation phase has been ongoing for 1,022 days but the bottom hit in June 2022.
Anyway, the 805 days of consolidation produced a bull-market in 2021 with total growth, from bottom to top, of some 5,700%. This time around the consolidation phase has been ongoing for much longer.
On the chart, growth potential shows 1,300% and 2,150%. But if we were to calculate these same targets coming out of the June 2022 bottom, total growth would be around 3,500%. This is huge for a project like Ethereum Classic which is not small. The small projects can grow even more.
This same project can also surprise and do better than anything we expect because we are going to have a friendly market and friendly regulations for Cryptocurrency and this has never happened before. How it will all truly develop, we don't know, but we know it is going to be big, it is going to be beautiful and the market will continue to grow and evolve.
We use adversity to learn and improve in everything that we do.
From our mistakes we learn.
Thanks a lot for your continued support.
Are you ready?
2025 is getting closer, we are already in the accumulation phase.
Buy and hold.
Thank you for reading.
Namaste.
Ethereum Classic (ETC): Possible Buying Opportunity!!Ethereum Classic has a good possibility of up to 6% of upward movement to happen soon. Keep an eye on a possible MSB and a conformational breakout from BOS and we should be good for a smaller push here!
More in-depth info is in the video—enjoy!
Swallow Team
Bullish Surge Ahead? Key Levels ETC Must Hold to Skyrocket!ETC/USDT Analysis
ETC (Ethereum Classic) is in a down trend after making high in March and trading within a descending channel. The price is consolidating between support zone Purple at $16.48 to $17.19 and resistance zone Blue at $20.90 to $21.56.
Bullish Scenario
For a convincing breakout, ETC needs to surpass the resistance zone Blue at $20.90 to $21.56. If it manages to break and hold above this level, it could attract further buying interest.
In this bullish path, the next major resistance zone to watch is at $24.74 to $25.36 in Yellow. Breaking through this could set the stage for a move towards the resistance zone in Pink at $29.72 to $30.46 .
Look for strong bullish candles with increasing volume to confirm a breakout, minimizing the risk of a false move.
Bearish Scenario
If ETC fails to sustain above support zone Purple at $16.48 to $17.19 and shows signs of weakening, sellers may attempt to push the price lower.
A break below the Pink support zone could expose ETC to further downside risks, with the next significant support around $14.48.
A breakdown below $14.48 could accelerate the decline, potentially challenging even lower support levels and indicating a bearish trend continuation.
As long as ETC maintains support above $16.48 - $17.19, the bulls retain a chance to initiate a rally. However, a break below this zone could signal increasing bearish pressure, with significant downside potential if lower supports are tested.
Everything is marked on the chart
Crypto Market on the Bearish TrendHi, we meet again in this post. Isn't it quite accurate what I analyzed in BTC/USDT to take a short? And now the market is bearish and I am also quite interested in this ETC/USDT market because the drop is so fast that I made 3 TP phases within 1 day.
Isn't it clear that the price chart cannot break into bullish conditions? See how the price chart collapses after breaking upwards past the 200 EMA. since then the bearish trend has begun.
For this technical analysis, I am very confident to be able to touch my TP 3 haha.
Too old Too slow Still believing Etc Buddy'sİn daily, 25 Ma crossing above 50 Ma meaning in short term(bullish).İt rejected from 100Ma sometimes it takes to break at second attemps.24$ is line of resistance short term.İf we could pass $24+$24.40(200Ma).we could reach and fill FVG(area of fair value gap).$27.5-$28.5 targets looks legit and reasonable.
Etcusdt trading opportunityETCUSDT is currently displaying a double bottom formation, which is a classic technical indicator often associated with a reversal of the prevailing downtrend. In conjunction with this pattern, there has been a recent upward breach of a descending trendline, further reinforcing the bullish outlook.
The 'bull area of interest' mentioned refers to a zone that is deemed attractive for accumulation. The rationale behind this is that after breaking out from the trendline, the price often retests it, which in this case is expected to serve as a pullback target where the market may seek to confirm the trendline's role reversal from resistance to support.
The immediate upside objective is identified as the 'potential neckline' of the double bottom pattern. This level is significant because a decisive break above it would confirm the double bottom formation, suggesting a strong possibility of continued bullish momentum. Beyond the neckline, the 'supply level' indicated on the chart represents the next target for profit-taking.
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