eth is stuck in the trianglehello guys...
I know it is boring but I should publish this analysis.
eth has two big problems that prevent it from moving!
The long-term downward trend line has prevented price growth at this point.
The short-term downward trend line has been broken and is interested in price growth.
from my point of view, it is going to stick therefore, it will have a mid-term range. be patient dear!
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
ETCUSDT
🚀 ETC: Big movements!The level of $19.26 has been worked out. Congratulations on your profit.
The level of $20.16-20.40 is an important resistance. By the way, notice how earlier this level worked as a strong support.
Orange lines are our support levels.
See what the resistance levels are based on. These are shelves by volumes + fibo levels.
ETC CAN DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SHORT/LONG the ETC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🚨 ETC: What will happen next?So, now it is very important to watch the $20 level. This is a key support and we cannot break below it with the body of the candle anchored below the level.
If we break through this level, we will see the continuation of downward movements.
The orange lines are our supports.
From them I will enter the long. But the first level of $19.26 is very risky. And in general, with downward movements, our longs will be against the trend, so I will trade a reduced coin volume.
RR 1.5-2. That is, the take is 1.5-2 times larger than your stop. The risk from the deposit on such transactions I usually have 0.3-0.5%.
Resistances are marked with red lines. Important levels that need to be broken for continued growth: 21.42- 22.33$.
ETCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 27 - 30 - and maybe even 35(not sure)
after first target reached move ur stop to breakeven
Stop: ~15.2 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Ethereum Classic (ETC) forming bullish Shark for upto 10% pumpHi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with US Dollar pair.
Our last trade of ETC was below:
Now on a 4-hr time frame, ETC is about to complete a bullish Shark move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ETC/#USDT [#Ethereum Classic]: SuperTrend BBand_Breakout◳◱ We've detected both a Bollinger Band breakout and a Super Trend pattern on the $ETC / $USDT chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. Our analysis indicates that the key resistance levels are at 22.85 | 24.63 | 27.67 and the major support zones are at 19.81 | 18.55 | 15.51. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Current price: 23.03 ₮
▣ 24H Volume: 26,862,624.270 ₮
▣ 24H Price change: ⟎ 2.629%
◲◰ Pivot Points - Levels :
◥ Resistance: 22.85 | 24.63 | 27.67
◢ Support: 19.81 | 18.55 | 15.51
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.68 - Bullish ⟎
▣ Reddit sentiment score is 0.32 - Bearish ⟏
▣ In-depth ETCUSDT technical analysis on Tradingview TA page
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✴️ Ethereum Classic Update | Stronger Each DayEthereum Classic continues its sideways consolidation above EMA100.
It moved below this level for a few days and quickly recovered.
The longer the consolidation period, the stronger the potential for growth becomes for the next price jump.
You can look at Ethereum Classic (ETCUSDT) just as Bitcoin when it comes to its relation to the rest of the cryptocurrency market.
As Ethereum Classic goes sideways, the smaller Altcoins grow.
This is true also for the TOP10/20 Altcoins, as these enter a consolidation phase, together or apart from Bitcoin, the rest of the market can grow.
When the TOP cryptocurrencies move up strong, the rest of the market can go sideways or retrace before additional growth.
We have a strong higher low in December compared to June, higher lows lead to higher highs.
This would place the bottom at the June 2022 low and thus what follows is sustained long-term growth. Higher highs and higher lows; A bull market.
Namaste.
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
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.