ETCUSDT
ETCUSD it can be $50 moveRally and retracement:
After a powerful rally, now the price action of the ETC coin has been retraced between 0.618 to 0.786 Fibonacci level, in the meanwhile it is also testing daily EMA 21 as support.
Monthly EMAs:
On the long-term monthly time period chart, the priceline is moving below EMA 10 and 21. We need a cross over between these two EMAs for a long-term bull run.
Big Wedge:
On the lon-term monthly time period chart, the price action of Ethereum classic has also formed a wedge move. The candlesticks are also crossing up the 25 simple moving averages as well. There is also 50 SMA resistance above the resistance of the Wedge pattern.
Monthly Shark move:
On the monthly time period chart, the price action has also formed a Big Shark harmonic move. Even though there are big spikes beyond the C leg but all the legs are driven as per the requirement of bullish Shark, therefore, we can expect that now the priceline may start a bullish move from here.
Weekly SMAs and Bollinger bands:
On the weekly time period char, the price action is at the support of 100 simple moving average and the Bollinger bands is also expanding. Now there is a strong resistance of 200 SMA above the Bollinger bands.
Weekly Ichimoku:
On the weekly chart, the price action has also entered in bearish Ichimoku cloud and rejected by its resistance.
Conclusion:
The price action has formed a big bullish harmonic move. Therefore we can expect that in the long-term it can breakout the bearish cloud easily and then can reach all time high.
ETC 1D Aggressive buyer made x2, and you?It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it.
The previous idea worked out quite interestingly:
At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months.
Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2.
If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months.
Now the ETC price is trying to fix in the upper half of the channel.
If this trend continues, then in the coming days we should expect growth to the level of $9 , where it is worth more closely monitor the behavior of players in the trading pair ETCUSD.
After all, the further price movement will depend on it.
We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea.
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Brilliant ideaIt is clear from the graph analysis that BINANCE:ETCUSDT is going to go higher. Factors which support that: Fib time-zones, Parallelogram, Fib retracement, Fib channel and many other things. Everything correlate in harmony! If you need an any explanation, just learn reading the graph first.
ETC/USDT - Potential 67% setup! Hello, Traders!
After a long consolidation lasting for 9 months, the asset exits the main trading range of $4.78-7.66
ETC is above the MA100 on the daily timeframe and the RSI indicator moved into the bullish area
We may look for an entry in the range of $7.45-$7.75
Place the SL at $6.55
Target price levels will be:
$9.51
$11.30
$12.80
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but a trade I would be following myself
ETC looks bullishThis coin will blow the space soon!
There are a few reasons for that:
1.Long accumulation
2.Bitcoin domination has reduced
3, Potential of this coin are big(min 50 USD per coin, max 100 USD per coin)
4. Integration with ETH in the near future
5. The current price very low and unevaluated
According to historical data for previous years the run to 100 USD per coin looks like a real way for ETC!
Happy new year - ETC - 30% - 75% Long (Jan 2021)Hello Dear Traders,
Let me get to the point immediately. I think etc will rise in the coming days as many traders said. In terms of Fibonacci levels and historical flow, we can easily confirm this view.
To me, resistance areas are as follows:
1st resistance: 8.05-8.35
2nd resistance: 9.25-9.66
Target 1 : 9,3 --> %30,9
Target 2 : 12,7 --> %78,8
Safe Exit => 9.20-11.40
Long Term expectancy => 20+
It's my opinion, not an advice for you. If you have any other ideas please share with us.
Happy new year :)
ETC/USD - Major breakout! $20 in playETC has broken ABOVE a major resistance since 2018!!!
Next targets at $10, $13 and $20. This is an excellent long term long. A retest of this resistance turned support was also validated on the daily chart!
Great risk/reward play here, and now is the time to enter if you consider this. Revisit this chart in 1 - 2 months. ;)
Like and follow!