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.
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ETCUSDT trade ideas
ETC/USDT end of sideways movement?Hey, guys ✌️
Another one we would like to talk about is ETC coin here. Still inside the sideways movement price has reached the lower side of sideways movement and went straight up with a nice pullback. What we are waiting now is that price will go for a test of EMAs but if we won't reach the price before the 100ema makes the crossover and goes below 200ema we might for sooner to those lower levels.
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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.
✅TS ❕ ETCUSD: downtrend✅✅ ETC has maintained a downtrend.
The chart declined again after reaching the resistance area.
The price will continue to decline. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
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Ethereum Classic: Will the price move down more?Ethereum Classic: Head & Shoulder Pattern| Will The Price Move Down?
Price is creating a bearish pattern and the chances are very high that it can move down further.
it is getting very interesting but also risky considering the crypto market.
However, I think that the price may reach the first target very soon.
You may find more details on the video analysis!
That's all for ETC.
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Thanks for watching and I hope to see you all in the next analysis.
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 back to EMAsHey, guys ✌️
Next one we would like to take a look at is ETC coin. Price just recently got rejected from upper side of sideways movement and we see a good chance for this coin to go for test towards lower line. Let's see where we will end up!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
$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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🔥 ETC Lagging, But Still More Gains To ComeETC is one of the many alts who's currently underperforming the market. However, that give us the chance to invest into a token which still has more room left to grow.
In my view, ETC will likely continue going up over the next few weeks, together with Bitcoin.
I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
✴️ 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.
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✅TS ❕ ETCUSD: reversal✅✅ ETC is moving in a new downward movement.
The asset dropped below the resistance area.
I think that the price will continue to decline. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments