ETCUSDT
ETC possible movement up?!ETC has been accumulating for over 10 days and right now it might break up this resistance and push upwards!!!
We can see a strong resistance at 31.8.
Every close above this resistance is a good sign!
The is also a strong support forming that could lead to a bullish pattern and pump to the moon!!!
Hopefully BTC won't dump... You can see it here in my other idea:
Ethereum classic forming a falling wedgeHello traders,
Here is a chart of a strong Alt coin ETC. ETC is forming a falling wedge. Look carefully for a breakout or resistance at the top of the falling wedge.
On a breakout to the upside, there should be heavy volume. Right now we are likely to see a reversal to the top of the wedge also because volume is extremely low.
Volume is key in general but even more in breakouts.
If the for the moment waek BTC continues to plunge then the ALTS may struggle to move up unless Bitcoin drops very slowly and the dominance decreases.
The RSI looks like broken out which is a bullish sign but this bar has not finished yet. Also a nice positive divergence helps but it is not yet the case.
Further it is very important to analyse Bitcoin then you get a better feel for all the ALT coins because BTC still is the leader from the crypto currencies. If it goes down heavy the whole market plunges too.
ETCUSDT (Channel Breakout)ETCUSDT (1H Chart) Technical Analysis Update
Descending channel breakout
ETC/USDT currently trading at $0.1335
Buy-level: $35.75- $37.00
Stop loss: $31.60
Target 1: $41.75
Target 2: $46.00
Target 3: $50.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ETC/USDT 416% profit now and time to book huge profit#ETC/USDT Profit update:
$ETC currently trading at $46 and now you are in huge profit.
417% pure profit without leverage.
Entry was : $10 ✅
TP1: $21 ✅
TP2: $42-$45 ✅
TPs : Pending ( hold only 5-10% of your profit )
Guys hope you very very happy with my analysis.
Now please close trade and book profit here.
I closed 100% positions here because I am happy with huge profit.
No matter what will Top of $ETC/USDT
Resistance: $45
Now $45 is very very strong support level.
If hold this and sustain above $45 leave then Next move towards $100 but for safe side book profit.
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