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Ethereumclassic

Ethereum classic ETC is forming a bullish falling wedge!Hello Traders, Here is a brand new update on Ethereum Classic ETC on the 30 minute chart. ETC is currently correcting on the huge rise of the past few days. It went too fast and too high and a correction inevitably follows. However, that correction is perfectly normal and healthy for a further rise in ETC with the all time high as the first target. We now have a new pattern and that is a Bullish Falling Wedge. I expect a pullback to 103 - 97 in this possible scenario. A breakout upwards from this falling wedge will normally show a re-test up to the upper trend line of the falling wedge. Then you place the stop at the previous low and we are likely to get another ride up. This is a hypothesis as it might go. patterns might fail. should that be the case and ETC drops further then we will have to assess at that moment what the structure looks like. Please also check out my other post about Bitcoin because it has a very important influence on the ALT coins. This is my personal view on Ethereum classic and not investment advice. Always do your own research before trading and apply stops and money management for reducing risk and maximize profits in the long run!
by PegasusTechCharts
13
Ethereum Classic ETC will rise again! first target 169 then 180!Hello traders, You see here a 30 minute chart of ETC Ethereum Classic. This is update from my previous analysis on ETC. I see ETC moving back up towards our first target 1 of the previous analysis at 169. After that the all time high will come back into view at 180 USD. Please note the inverted head and shoulder formation on this short timeframe! Volume is currently still low but these coins like to retest old tops. For the medium term, I remain bullish on Ethereum Classic. There is simply enormous interest in this coin and we can already see this from the massive volume seen during the rise. Keep a close eye on the support levels and place stops to protect your capital. Please keep in mind that the neckline of the inverted head and shoulders formation has been broken and will almost sure retest but then ETC is ready for the targets 169 and 180! Happy trading! This view of Ethereum Classic is purely my own opinion and absolutely no investment advice. Always do your own research before making a trade.
Long
by PegasusTechCharts
6
ETHEREUM CLASSIC ETC - New much higher price targets 169-218-270Hello traders, Here is a new and updated analysis of Ethereum Classic( ETC-USDT ) on the 30 minute chart. We have a superb rise last days and my targets where hit even sooner than I expected. I predicted before 10th of May 127 USD but it happened already today on the 6th of May. Note that the volume is still very high which is a very good sign at this moment. I see still higher targets for Ethereum Classic but be aware to place your stops because with such a parabolic rise Ethereum Classic ETC can also easely pause the uptrend for a while or have a correction when volume dries up and there is no demand anymore. Therefore here the new targets and support for Ethereum Classic are now: -> Target 1 169 USD -> Target 2 218 USD -> Target 3 270 USD -> Target 4 300 USD Support for ETC is now at 147, 137, 127 and 119 USD. The market is very volatile so good stops in strategic places are needed to protect profits. Discalaimer: this is not a trading advice but purely my personal view on this fund.
Long
by PegasusTechCharts
14
ETHEREUM CLASSIC (ETC-USDT)- LONG Hello traders, Here is a new analysis of Ethereum Classic(ETC-USDT) on the 8 hour chart. ETC has had an impressive rise recently. Etherum Classic broke out on high volume above the old all time high. Therefore, this rise also seems to me to be sustainable for the longer term. The RSI is currently at a very high level so it remains to be seen whether we will continue to rise immediately. Possibly we will get a negative divergence after which a correction will take place or the high level of the RSI will cause an earlier correction. The targets for Ethereum Classic are now: -> Target 1 88 USD -> Target 2 127 USD Support for ETC is now at 63, 55.50, 48.80. A very important support level is at 44.27. I remain bullish above this level but below it we can further correct to possibly the bottom of the rising trend channel. This is of course also a perfect Low Risk Reward buy after which you can calmly wait until the top of the channel is hit again. The longer trend is up untill we are not in a rising trendchannel anymore. Very important is to determine your trading time frame! A trend on the 1 hour timeframe can be down while on the 8 hour time frame it is up. The market is very volatile so good stops in strategic places are needed to protect profits. Discalaimer: this is not a trading advice but purely my personal view on this fund.
Long
by PegasusTechCharts
12
ETC/USDT 762% pure Profit from our entry so book profit#ETC/USDT Profit update: $ETC currently trading at $76 and and went upto $82 So now you are in huge profit. 762% pure profit without leverage. Entry was : $10 ✅ TP1: $21 ✅ TP2: $42 ✅ TP3 : $62 ✅ TP:- $80 ✅ Guys hope you very very happy with my analysis. Close your positions and book huge profit. Please Click LIKE button and appreciate my hard work. Don’t forget to follow me for latest crypto real time updates. Thank you for your unpredictable love and support.
KRAKEN:ETCUSDLong
by CryptoPatel
13
ETC 1D Price is near the all-time high, where next?Today we will look at the price action of ETCUSDT In just over a year of growth, the price of ETCUSD rallied by making x17, finally reaching an all-time high that was set back in early 2018. On the one hand, it seems like x17 is a good result, but if you take into account the fact that ETC is a fork of ETH and +|- repeats the price movement behind it, we think the result is not very impressive. Ethereum is 60 times more expensive than EthereumClassic, and it was able to update the 2018 absolute maximum more than twice in the same time. By the way, here we have a series of ideas for ETHUSDT So, Classic is now for the second time trying to update the 2018 maximum, which was around $47 and so far it has not been very successful. Now the most positive scenario for the growth of the price of ETCUSDT is a possible break of the stops of shorts, which can hide above $50 . Such actions can provoke squeeze growth to the $57-60 area. Above growth is not yet visible for us. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
16