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ETCUSDT

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
Long
by melikatrader94
10
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 $18.42. The RSI indicator is inside a descending channel on the daily time frame, which, if a positive divergence forms at the bottom of the channel, has the potential to create signs of reversal and price growth. Therefore, if we see a further price correction, we expect a stronger reaction from the second support level.
by MonoCoinSignal
5
ETCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) we almost completed upward impulse, after correction will be continuation of growth. Entry: market and lower (entry from my last analysis was 19$) Targets: 35 - 45 - 55 MAIN TARGET ZONE: 50-60$ after first target reached move ur stop to breakeven Stop: ~13 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 7 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
8
ETC descending channel about to popETC is showing the same pattern as last few months, when it was descending and rose +188%. Two good reasons for a bullish outlook for a +80% 1) At the orange support zone and showing strength here, it's not going lower. It used this zone last time to rise as well 2) In descending channel, that lost momentum at the same support zone as before. I recommend waiting before picking this one up. No coin is bullish even if it goes +20% in one day if and only if it breaks the patterns and forms a clear sign. Thus, neutral-bullish now. I will update this idea once it breaks and update you guys ** Check out my ETC ideas in my profile and below
by BARSTrading
✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below: Now we have four days already of prices staying above this level. When a level is conquered, the main condition for confirmation is "staying above" said level. Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave! So far we are looking great... On a drop, the relevant levels are as follows: 1- $20.90 for EMA100 and EMA10. 2- $19.50 for EMA21 and 0.382 Fib. Remember the bigger picture, we are looking good. Patience is key... Chances are we still have plenty of growth of ahead. Namaste.
Long
by MasterAnanda
3