ETC Long play incoming gainsEthereum Classic always makes nice rebounds in support zone. This means now it is good opportunity to take risk, because price in support zone from long term.
Consider to protect yourselfs and use stop loss if you trading it.
Expecting 3 major targets (on the chart) within next month.
ETCUSDT trade ideas
ETHEREUM CLASSIC, a long term vision. ETCUSDT . UpdateHello guys, This is an update of previous analysis (blow link), we made our buy positions at the two points which we wanted and the trend has moved as we expected. For now you can manage your capital and profit until reaching the chosen target.
Good luck
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ETC descending channel about to popETC is showing the same pattern as last few months, when it was descending and rose +188%.
Two good reasons for a bullish outlook for a +80%
1) At the orange support zone and showing strength here, it's not going lower. It used this zone last time to rise as well
2) In descending channel, that lost momentum at the same support zone as before.
I recommend waiting before picking this one up.
No coin is bullish even if it goes +20% in one day if and only if it breaks the patterns and forms a clear sign.
Thus, neutral-bullish now. I will update this idea once it breaks and update you guys
** Check out my ETC ideas in my profile and below
✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below:
Now we have four days already of prices staying above this level.
When a level is conquered, the main condition for confirmation is "staying above" said level.
Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave!
So far we are looking great...
On a drop, the relevant levels are as follows:
1- $20.90 for EMA100 and EMA10.
2- $19.50 for EMA21 and 0.382 Fib.
Remember the bigger picture, we are looking good.
Patience is key... Chances are we still have plenty of growth of ahead.
Namaste.
ETC/USDT possible movementHey traders!
We are back with ETC coin and as we can see this one has approached the major resistance level. Well first touch of upper side of that Resistance level was rejected and price fell back - from here we see a good chance for a drop so let's see how price will reach near this resistance zone.
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.
ETCUSDTBreaking Descending Channel In daily Timeframe
Rsi Printed Bulish divergence macd Crossover Also confirming Bulls Strength
Incase Of Breakout Expecting Massive Bounce (Keep In Mind Entry Will Be Only Valid After Confirmed Breakout)
Stoploss Can Be Placed Below Recent Low Its An Idea Not Financial Advice Dyor Before taking Any Action
ETC SCALP LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/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
✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them.
In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place.
The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead.
In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead.
" What one does, the rest follows... "
For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well.
$25-$27 is the EMA300 target but there can be more.
My main target from the current price is set now at $35 for a nice 65%.
Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs.
See the previous charts for more and 'Related Ideas; below.
Namaste.
Previous charts:
✴️ FetchAI | 8-Dec-2022
✴️ Ethereum Classic | 20-Dec-2022
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months.
However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern
In the current impulse growth momentum, the ETC price can reach $19.5
If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25
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ETC/USDT possible movements Hello guys
Another one we would like to talk about is ETC/USDT pair. Well price is currently moving just around that upper pink zone at $20 zone so we will be waiting here as we see two possible scenarios to happen.
First one: Price secures the $20 zone and goes towards $22 from where we see a possible growth towards $27 zone
Second one: Price gets below $20 zone and goest towards $15.75 to re-test that trend there
Which one do you think will happen?
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 had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance.
Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
ETC Inverse head and shoulders to target 138$ ETC looks incredibly bullish here, with supports respected and painting a bullish pattern.
Now we are looking at a push towards the neckline and once activated, this should maybe re-test the neckline (time to buy there tight sl) and then go for the target moonshot 138$.
If it flies higher, we are looking at potential bull run to 300$+ in price discovery.
If it rejects there, maybe top.
Critical moment for ETCIt reached support level 19.4-19.5$. it is good it didt close 4h below the line.
Once it drops and closes 4 h candle below 19.4 $ then 2nd line will be the support line.
When we consider the huge drop on volume and RSI cross, it seems the price has more potential to drop than to rise. (Not Financial Advise )
What do you think ?
ETHEREUM CLASSIC, a long term vision. ETCUSDT . UpdateHello guys, This is an update of previous analysis (blow link), we made our buy positions at the two points which we wanted and the trend has moved as we expected. For now you can manage your capital and profit until reaching the chosen target.
Good luck
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me