2 Possible Paths for Ethereum Classic $ETCTarget Short range $31-$32
Target Long range $13-$15
Everything in-between is chop.
ETCUSD
✅TS ❕ ETCUSD: reached the support✅✅ ETC has reached the support level.
At this level, the price has already formed a double bottom.
I expect an upward rebound.✅
🚀 BUY scenario: long until 24.35.🚀
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Remember, there is no place for luck in trading - only strategy!
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Ethereum classic (ETC) have the most clear chart!Hello, everyone!
Today is the turn of my favorite altcoin. Ethereum classic have the most understandable Elliott wave structure. Last time I entered short position at $44 when the insane short have been flashed with the MACD bearish divergence. Now it does not matter, but the price have already flashed the insane long and I am going to show you my thoughts about mid-tern price action.
When the crypto market touched it’s previous bottom and formed the bullish rally ETCUSDT showed the incredible pump which had the clear 5-waves Elliott structure. The wave 5 have been detected using bearish divergence with the MACD. After the the ETC started the 5-waves cycle to the downside and we can see that the MACD have already formed bullish divergence on the 1D timeframe. I think that it was the wave 5 finish inside wave 3. Now we can expect wave 4 – it is not the market reversal, but we can catch the bounce. We also can define the clear target for the pump – 0.618 Fibonacci retracement level. Also there are a lot of liquidity of short traders which has to be collected before the new dump.
Best regards, Ivan
ETCusdt 12H Breaking ChannelAccording to the drawn channel, the price has broken the channel to the bottom and will continue to fall if the support range is lost. And in case of support, there is a possibility of returning to the channel.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
ETC SHORTThe price went from $14 to $45 at a rapid pace, but the power of the sellers is very strong so far. In my opinion, this static support of $25 to $24 will be broken and the price can reach the low support of $18. Maybe buyers will enter from here.
ETCUSDTit looks very weak on major resistance. so high possibility to fall through and go down further however will wait to see confirmation.
usually on most retest it is always a decent buy but on this occasion I will wait it out.
with Market looking shaky. trade carefully.
what are your thoughts guys?
✅TS ❕ ETCUSD: support area✅✅ ETC is moving in the support area.
The price is accumulating and a rebound is possible soon.
I expect growth.✅
🚀 BUY scenario: long to 30.88.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETHEREUM Classic has many miners, they will pump ETC price againThe fall in the ETHEREUM Classic price is happening on lower volumes.
A modest update of the lows and something like a downward wedge is formed within the correction. Usually such a pattern later acts as a continuation of the growth trend.
We think that in the area of $26-28 it is logical to try to take the longs of the ETCUSDT. Sooner or later the ETC price will be pumping again, and the minimum growth potential in the medium term is x2 to the area of 51dollars.
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ETC - Possible ReboundETC is sitting on a support zone generated in August on the 4H time frame.
A rebound is possible if these price levels hold.
Trade with caution
Ethereum Classic - Yellow Horizontal The yellow horizontal on this analysis provides a great support for this preemptive breakout structure
Price has extended itself to the top of the descending megaphone
From here a breakout of this megaphone and in turn the flag like structure continues the breakout on a timeframe such as the Weekly.
This is the daily timeframe.
Retest Unlikely For ETCUSDEnter short positions for ETCUSD. ETCUSD has been consolidating for awhile. Retest to the parallel channel is unlikely. So, look to enter short positions.
ETCUSDT Hi traders! as drawn the trendline in my analysis ,Maybe we can get up to 35 🧑🚀 and then go down to the areas 18/16
ETC POSSIBLE LONG IDEAI think after some consolidation at this no man's land we will come down to the last 12H BULLISH OB, wich is in confluence with the Golden POCKET. In this zone i would like to see some fakeout type move from this actual channel into the previous mini range POC, and from there a big reaction to the up move, and I think, if this SCENARIO is correct, then my target would be liquidity zone.
LTC ON CUSP OF BREAKOUT So close. LTC had 2 clean bounces above the range and is eyeing for $60. We have hidden bullish divergence on 15min so let’s see how much it can contribute and If she can break through…
Bullish ETCThe market is accumulating momentum to reverse the trend and will soon test at least one of the resistance levels indicated on the chart.
✅TS ❕ ETCUSD: rebounded sharply✅✅ETCUSD is moving around the support level. Several lows have already been formed at this level, after which the price bounced up. I expect a rebound and growth.✅
🚀 BUY scenario: long to 30.88.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ETC still have a correctionI don't think Ethereum Classic is ready to rise yet, and it seems that the correction of this currency will continue
ETHW & ETC AWESOME FRACTAL! MIGHT WANNA LOAD UP ON ETHWI went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW. What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW. This is not trading or financial advice this is just my opinion. Thank you.
Ethereum Classic (ETC) 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week.
Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today.
The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge.
Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00.
As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark.
After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95.
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