ETC dome top
etc. has already peaked
It is expected that there is still room for decline
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ETCUSD.P trade ideas
ETC, step back and rebound.The following content is machine translation:
A wave of heavy volume rose and pulled up.
Pullback in resistance near 50.
Support was found near the previous resistance at 38.
The big Yangxian rebounded yesterday.
In terms of operation, it fell back to more than 40 today, and fell below 38 to stop loss. If the rebound is successful, look at around 60.
Dont you worry bout a thangwe could retrace to $29 or $37 .... we could also just blow past $50 after consolidation. Been mining ETC for a few months and todays pump was a good day to SCALP profits for a quick retrace.
Sold at $52
Current price: $48
watch for volume and retrace, if not, were pumping, just a guess
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
ETC Ethereum Classic to the moon! 🌝 100.00 + usdMy prediction for Ethereum Classic is a whopping top out price 100.00 + usd. Once it breaks the 40.00 usd resistance level it should appreciate and double it’s value. As you can see it has gotten out of the bottom and is now bullish holding above 13.00 usd. The price should start spiking up and make a quick double top before a small sell off, then it’s off to appreciation. This is my idea! If you take a chance and risk it, the reward may be huge. Invest and trade at your own risk, research, and beliefs. This is not advice.
Good luck everyone.
Just a "classic" Ethereum (ETC) bull flag chartHey everyone,
Nothing special here, maybe a little as I just wanted to share that view on ETC and usually its Ethereum not the "classic" one, because it looks like very nice bull flag with break out and retest played out & it feels to me like a very nice R:R entry.
but there is something furthermore going on behind with ETH & ETC in next months, so I would pay attention to ETC this year.
Trade safe and keep your mind focused
Cheers
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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ETC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Wave 4 retracement has bottomed out I think. It went further down than what I had counted on the previous chart. We should be working towards the last impulse wave (5).
wave 5 top: $200-250
Ethereum Classic Back On Bullish Watch
Hi everyone:
Also on my watch for further bullish up move is ETC.
We can see after the initial bearish down move, price has develop into a larger descending structure.
As we know descending type of consolidation give good probability for bullish reversal price action.
Latest development has given us a strong, lower time frame impulse phase up, breaking above the structure.
Now, to confirm further upside, watch for bullish continuation correction to develop and finish, to confirm the next up move to the highs.
Thank you
ETC possible scenario and 2nd leg.. Folks,
It hurts if you see a CRYPTO classic breakout as we see here on the chart for ETC and you have missed it..
But most of the time these breakouts these strong tend to give 2nd chances in the form of a 2nd leg..
Be patient.
Feel free to comment, share and hit the like and make sure you follow.
ETCUSD Cryptocurrency Market (2022-March-24)For currency pair ETCUSD, wait for another pull back. Currently, the currency pair is overextended.
ETC to revisit ATH?gm frens,
If you follow me, you know I've stayed bullish $ETC.
Revisiting the $65 region seems inevitable, as miners realize that $ETC can be a way to recycle their $ETH gear. Then it's a virtuous circle of higher hashrate, project becomes more interesting to build on, prices goes up, mining becomes more attractive, etc.
So far my January 2022 prediction has been correct (e.g. $60 before Q2).
The real resistance is at $80. If we break it, then I think we're going to repeat what happened a year ago, meaning we could currently be a fractal of the green rectangle I highlighted. $ETC can reach $500 before summer. $1k is possible, but less plausible.
What would invalidate this scenario is a strong rejection at $60 and the whole crypto market going back bearish because of macro.
DYOR.
Is ETC dead now? Where to rebuy (NFA)ETC surprisingly beat my 55% target increase in just a few days from posting that. Curious if they have bragging rights or awards you can get on here for being so spot on, lol.
Anyways, I found 3 things on my chart that all pointed to the same spot for ETC to make a higher low in the uptrend. The peak had a bullish penant it broke down from, I measured it and drew a yellow arrow on my chart. It just happened that it aligned exactly where I had a support / resistance line (not sure what time frame admittedly I have a lot from short time frame margin trading), and even cooler was that the 100 or 200 EMA depending on if on 2 or 4 hour chart also aligned at the same spot (or will as it falls).
That’s where my limit orders will be, but admittedly I feel lost without my ETC coins. I’ll probably DCA a few in beforehand. I need to work on the no emotion thing. What can I say even at the peak I believe it is way undervalued. I just won’t miss out on great trading opportunities while holding a bunch of it. I’ve been shorting since the breakout downwards of the triangle (there was a false break to upside originally on smaller time frame that’s why pattern looks a little weird.)
**The rebuy area the chart points to in yellow is not financial advice. Do your own due diligence. I have been extremely accurate in the past with predictions and forecasts but that does not guarantee future success.
