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ETCUSD

ETC - Massive price movement coming! The enormous triangle currently displayed on the chart represents the price trend that ETC has been following since August of 2021. A successful breakout from this particular pattern is likely to result in a significant price movement for ETC! If the price breaks below 16$, a move down to 10$ may happen! Current market conditions suggests that many altcoins are exhibiting a bearish outlook, with a considerable number of them having breached their BTC-pair support levels. This indicates that in the event of another drop in BTC prices, altcoins are likely to suffer significant losses. It is my projection that a decline of at least 50-70% in altcoins may occur prior to August. I maintain a highly bearish stance regarding the upcoming summer period, which seems to resemble the summer period of 2021. Regarding Bitcoin, it is possible that it may soon reach 25k so trade safe ------------------------------------------- About BTC: It appears that the current market period is unfolding similarly to the one observed in 2021. If this trend continues, it is likely that the market will experience a downward movement, potentially leading to a decline in value to 13.5k. While it's true that history doesn't necessarily have to repeat itself, it is often observed that historical patterns tend to rhyme with the present. Upon examination, it is also evident that the price got rejected from the bear market downtrend resistance! There is a possibility that the recent bear market rally has come to an end. The rejection from the downtrend resistance is indicating a potential move to the previous bottom of $15.5k. This notion is consistent with the concept of the price following a pattern reminiscent of the 2021 summer period! ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it! ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
by MBM_Crypto
2
ETC - Massive breakout possible! The price is brushing the upper trendline of the triangle and a breakout is possible! The idea is: Buy when the price breaks above 25$ and take profits at the levels shown in the chart. Targets: 1. 28$ 2. 32$ 3. 37$ 4. 47$ 5. 53$ ------------------------------------------- Recent Altcoin trades: ARB / USDT: 30% profit! ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it! ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Long
by MBM_Crypto
40
✴️Ethereum Classic Will Also Recover (222% Possible Higher high)Volume is one of the strongest indicator and can help you clear any doubts. Ethereum Classic (ETCUSD) hit a higher low compared to June (5 months ago) but how to know if it will recover here or continue lower? Here we use the volume indicator. Notice how trading volume continues to diminish, it goes lower and lower. That's your signal. It means the current trend is losing strength. Since the mid-term trend is bearish, as it loses strength things can turn and ETCUSD reverse. Higher lows can lead to higher highs. Over 222% possible on a higher high. Easy 50% to 80%+ on a bounce. You still need a plan to trade and your own research. The support levels are marked with blue on the chart and can be used as a stop-loss. These analyzes are not intended as financial advice. Thank you for reading. Remember to boost 🚀 Namaste.
BITFINEX:ETCUSDLong
by MasterAnanda
3
ETCUSDT | Wave Projection TFW Ending Diagonal Breakout SetupWave analysis with price action & chart pattern bullish outlook - a potential ending diagonal breakout setup > The weekly price with triangle pattern and candlestick squeezed between EMA 200 week zone and potentially breakout near the apex zone. > Now with multiple false breakdown, possible pinbar long entry setup pattern. > Target Zone: 0.618 - 0.786 Fibonanci retracement - Volume profile point of control area + 80% upside > Stoploss Zone: previous low with a pinbar looks like the right shoulder of a mega inverted Head & Shoulders -20% > RRR: 4:1 RSI TFW bullish signal - uptrend above MA and squeezed below 50.
Long
by dukeposh
#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%. We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming! We don't see massive gains on this one, but 10% is 10%! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:ETCUSDShort
by theCrypster
6
short trem EtcIn the chart, we can see that the price after growth with the momentum that has reacted to the resistance range and is very tight and in the form of Cp is undergoing a downward correction. Currently, the price has reached the support range of $18, and the liquidity before this range has also been collected, and if you see a trigger at this level, you can enter the buy buy position. If this level is lost, the $16 support area becomes an important support for pricing and is very suitable for taking a buy position. Be sure to keep an eye on it
by armanb_crypto