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ETCUSDT

Analysis: ETC(Ethereum Classic) is at an Interesting Point Ethereum Classic performed a 2x move last month. After a while of a downtrend, ETC is now consolidating. What makes this coin "at an interesting point"? Let's look at the 4H chart and see what we have. 1. Recent RSI Bullish Divergence, 2. 0.618 Fib support 3. consolidation between 0.618 and 0.5 Fib 4. Falling wedge pattern(usually bullish) While there are bullish signs, there are bearish signs, which are 1. 0.5 Fib resistance 2. Upper channel resistance 3. Price below 4h EMA 100 4. RSI 50.0 Resistance Forecast Price can either go to $30(0.786 Fib support) or beyond $50. It may go down if the falling wedge and 0.618 Fib breaks to the downside. It may go up once the upper channel, EMA100, and 0.5 Fib breaks to the upside. Will update this post as time passes. As an extra here are things to watch out for 1. Upper Channel breakout 2. RSI crossing 50(or 70 for a strong move). 50 is an RSI resistance 3. 4h EMA100 breakout 4. Bitcoin(maybe Ethereum) Prices, may influence the prices of ETC 5. Wedge breakout either way(white transparent background) 6. 0.5 or 0.618 breakout(consolidation area) Thanks for reading this post, stay tuned for my next analysis! Also, if you are willing to, please give feedback in the comments, thanks in advance.
by Trader_ph
ETC going 35 or below?Weekly timeframe looking bearish and shows hidden bearish divergence, would it reach 35 or even below? =================== Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable. READ THIS NOTE!! Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Short
by CallMeBeginnerTheExplorer
4
Ethereum Classic (ETC) - April 7Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ETCUSDT 1W chart) Primary resistance: around 68.79 Secondary resistance: 90.48-101.33 Support: 36.26-47.10 It is important to be supported in the section 36.26-47.10, so you need to check it. (1D chart) (buy) - After confirming the support around 36.26 - After confirming the support around 47.10 (Stop Loss) - When it drops from 29.66 and is resisted - When it falls below 26.52 (Sell) - When receiving resistance near 68.79 - When resistance is received in the section 90.48-101.33 However, if it rises above 57.55, a sharp movement is expected, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Ethereum Classic Potential BART - the next WAVES?Ethereum Classic / BTC 1D chart is showing a breakout in price, but with very low volume compared to April last year. Price is currently quite high, and as you can see on the ETC/USDT 1 hour chart, buying volume has been falling and falling. In the last few hours, we have seen selling increasing a lot. You can also see the red volume falling underneath and retesting the Blue trendline on the Volume Oscillator, indicating a potential downwards move. What this basically means is that the buyers volume was rejected at a certain point and the sellers are taking control. We also see a bearish Head & Shoulders pattern form on the 1 hour UNDERNEATH the Blue moving average price trendline, inside of a bear flag. We could see a MASSIVE drop here - the chart is quite similar to WAVES - we are seeing distribution here at high levels after a low volume pump. So why do I say BART? Take a look on the 1 hour chart on the right. Look at the Volume oscillator. Do you see how price is rising but Volume is going lower? (See thick red resistance lines drawn.) This is bearish divergence in volume and detects MID TERM DISTRIBUTION. Resistance is at 46.4 on Kucoin, or you can breakout trade. Good luck.
Short
by reiiss7
ETC Ethereum Classic: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Ethereum Classic (ETCUSD). Ethereum Classic price on a monthly chart shows multiple areas of resistance. Price has a chance to move back down with the Fibonacci Retracement levels shown along with 200 SMA and RSI. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:ETCUSD
by MillionaireEconomics
5
ETC BOOM IS COMING Targets $180 - $380Hello guys this is my 3th analysis ETC/USDT pair in weekly chart, let's go. 1)The first we have strong Downtrend line in weekly chart,now Downtrend line broken, ETC fully breakout from Downtrend line with good volume. 2)CCI indicator wanna go above +100 level this is so Bullish signal. 3)ETC ATH is $120 if we smashed $120 level ETC will go NEW ATH. 4)We using Fibonacci Extension levels for know NEW ATH how much could be A)The first Fibonacci Extension target is (1.618) and ETC will worth $180 at that time. B)The second Fibonacci Extension target is (2.618) and ETC will worth $280 at that time. C)The third Fibonacci Extension target is (3.618) and ETC will worth $380 at that time. If you like my idea pls like and subscribe me)))
Long
by odbashWizard
5
ETC Formed Inverse H&S Target $45Hey guys today i'm going analysis ETC/USDT pair 1)ETC is formed now Inverse H&S pattern, and we all know this pattern is bullish pattern 3)We have two left shoulders and two right shoulders and one head, we know we can have multiple shoulders that's normal 4)If we breakout from $30.5 level with volume, and close daily candle behind the resistance line, next target must be $45 5)If we take a look MACD indicator thats also bullish,we have bullish cross already and Histogram is green now, that's bullish signal If you like my analysis pls like and subscribe me)))
Long
by odbashWizard
Ethereum Classic (ETC) Sell ZoneEthereum Classic (ETC) Buy Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High On 4 hours timeframe, we’re still expecting form out bearish pattern, currently its facing out the mid-term resistance zone. -------------------- $ETC/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 39 - 41 TP 1 : 37.35 TP 2 : 35.9 TP 3 : 34.4 TP 4 : 32.9 TP 5 : 31.45 TP 6 : 29.45 TP 7 : 28.15 TP 8 : 26.75 Stop Loss : 42.25 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
5
ETC Breakout!!! Tartget $70Hello everyone today i'm going analysis ETC/USDT pair 1)In my previous analysis ETC formed Inverse H&S and ETC must hit $45 price level, and soon ETC will hit $45 level you can take some TP if you wanna at $45 level range,but in this analysis we look ETC other way, so let's see what we have. 2)ETC have nice Consolidation range at $24-$34,and we can call it Trading Range Bottoms also. 3)ETC had Resistance level at $34 approximately, now ETC breakout from $34 level with high Spike Volume, this Volume confirmed ETC breakout, now previous Resistance level converted to Support level, ETC have now acting support level at $34 price range level. 4)Now ETC can easily hit $70 level approximately because we don't have any Resistance level until hit $70 Resistance level. 5)We also use Alligator indicator in ETC chart,now price is above Alligator lines its Bullish signal 6)We can see Alligator Green line crossing in to Red and Blue lines,and Red line moving upward and crossing in to Blue line,and Blue line is now below Green and Red line, and now Blue line following direction of Green and Red lines, that's mean Alligator is opened his Jaw started hunting upwards trend. If you like my analysis like and subscribe me)))
Long
by odbashWizard
2