ETC Great Long PositionETC is preparing for Great PUMP.
Simple weekly chart show triangle pattern.
ETC shot to moon after breakout triangle.
ETCUST trade ideas
🔥 ETC Lagging, But Still More Gains To ComeETC is one of the many alts who's currently underperforming the market. However, that give us the chance to invest into a token which still has more room left to grow.
In my view, ETC will likely continue going up over the next few weeks, together with Bitcoin.
I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
✴️ Ethereum Classic Update | Stronger Each DayEthereum Classic continues its sideways consolidation above EMA100.
It moved below this level for a few days and quickly recovered.
The longer the consolidation period, the stronger the potential for growth becomes for the next price jump.
You can look at Ethereum Classic (ETCUSDT) just as Bitcoin when it comes to its relation to the rest of the cryptocurrency market.
As Ethereum Classic goes sideways, the smaller Altcoins grow.
This is true also for the TOP10/20 Altcoins, as these enter a consolidation phase, together or apart from Bitcoin, the rest of the market can grow.
When the TOP cryptocurrencies move up strong, the rest of the market can go sideways or retrace before additional growth.
We have a strong higher low in December compared to June, higher lows lead to higher highs.
This would place the bottom at the June 2022 low and thus what follows is sustained long-term growth. Higher highs and higher lows; A bull market.
Namaste.
ETC analysis, a great chance to take a long positionhello guys...
let's analyze Ethereum classic!
this valuable cryptocurrency touched a lot of good and important points at the lower level. so it can start to grow very well.
it breaks up descending channel strongly and after that formed a supply and demand zone!
from my point of view it going to reach the upper level as well, the first target is that pink area!
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
ETC to 1000$the real Ethereum is going to 999
which is 1.618 fib level on log scale
SL is mentioned on the chart.
good luck
✅TS ❕ ETCUSD: reversal✅✅ ETC is moving in a new downward movement.
The asset dropped below the resistance area.
I think that the price will continue to decline. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
My idia etcusdt trend direction checkhi Choose the buying and selling area for Etcusdt this is my aidi
Downward movement can continue to the lower support areaETC has been falling in price over the past week. Selling pressure started after the $25 resistance area was reached, and short-term buyers did a lot of profit saving. Ethereum's short-term trend was the classic range, which is still ongoing. But the price hit an important support level in the $20-$20.43 range, which has created a positive reaction, and we cannot consider Ethereum Classic to be bearish until a strong bearish candle closes below the $20 range in the 4-hour timeframe.
But by breaking this support, the downward movement can continue to the lower support area. So the next reaction range will be at $17.39 to $18.42. The RSI indicator is inside a descending channel on the daily time frame, which, if a positive divergence forms at the bottom of the channel, has the potential to create signs of reversal and price growth. Therefore, if we see a further price correction, we expect a stronger reaction from the second support level.
ETC/USDT where now? Hey, guys ✌️
Next one on our watchlist is going to be ETC/USDT pair. As you can see a breakdown - failed retest - another breakdown. Some sort of similarities we might see today where we are waiting for another breakdown to occur here on ETC.
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 | Another Buy Opportunity Is ComingETC | Another Buy Opportunity Is Coming
Ethereum classic performed very well during the old analysis.
Today ahead of the US CPI data, the market will move up and down.
Also, the current price increase needs to be corrected before it increases again.
I am watching for a buying opportunity near the old support area.
The overall crypto industry is moving again, but this correction is necessary
for a more powerful movement.
Let's see if we get this chance again.
Thanks and good luck!
ETC/USDT reviewAfter consolidation in the triangle and updating the local maximum, price has started a corrective movement.
It is possible a small upward movement or continuation of the falling with the further growth.
Ethereum Classic ETC/USDT TA & LongHey there, here is ETC/USDT TA
In my opinion this chart looks great. It looks like it respect TA and patterns.
I think it has good chances to rise up to 60%
#ETCUSDT #LQRUSDT #TOBTC #LaqiraProtocol EMA200 Important EMA200 important resistance at price $23.35
support $18.42 and $15.63
Etc Will Grow Exponentially Massive consolidation Going To Explode Soon Forming Symmetrical Triangle In Higher Tfs
Expecting Massive breakout To The Upside
Incase Of breakout expecting 500 To 600% bulish Wave
ETC IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ehereum Classic Cup With Handle ReentryThe IHNS failed and stopped out but now we are at the bottom of the Handle's Channel and at the 800 EMA i'd say that it's gone down enough to try a secondary entry on ETC just to see if the Channel holds strong if it does i'll be looking for a test near the highs ofthe pattern and a potential breakout.
ETCUSD: Potential Slanted Inverse Head & ShouldersWe have an IHNS within this Potential Cup with Handle that could take us up to atleast test the daily open again. If we can get by the daily open then the next target will be the Channel Resistance and if we get above that then we will be going for Cup with handle targets.
ETCUSDT Good Area For BuyEtc down in wave iii in C wave major and touch trend bearish line green and bullish trend line red and very good zone with very small stop-loss and big profit
ETC/USDT waiting for confirmationsHey guys 👋
ETC/USDT has been pretty negative for the last few days but that was expected as well (Due to the fact that it got pushed on weekends which is not an usual thing to do). Currently we are still inside that triangle formation and we would like you to keep in mind those two "liquidity grab" zones. we might be touching them from time to time until we get a clean breakout or breakdown!
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.
Ceiling of the channelBreaking the resistance of the $23.90 area is necessary to continue the upward movement and hit the ceiling of the channel. So this week we can keep this resistance and support of $20.39 in mind.
✴️ The Law Of Alternation | Ethereum ClassicYou remember we looked at Ethereum Classic, saying it was consolidating above EMA100. This is exactly what happened back in July 2022 before additional bullish action.
Currently, consolidation continues to take place above this level.
Are you aware of the law of alternation?
This is another one of Ralph N. Elliot's finds.
It goes like this, in each cycle patterns will alternate, for example:
1) If you get a regular top, the next cycle you get an irregular top. BTC produced a regular top 2017 and an irregular top 2021.
2) If you get a simple correction on the 2nd wave, you get a complex correction on the 4th wave.
3) If you get a short consolidation phase, the next time you will get a long consolidation phase. Alternation.
The previous ETCUSDT consolidation above EMA100 was short in duration, just 7 days, this one is already becoming long at 20 days...
What I am trying to say is that I believe that we will see additional growth in the coming days.
Exactly how many days I don't know and I don't care... We plan, trade and focus thinking of the bigger picture.
Namaste.
