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ETCUST trade ideas

Coin where you will definitely earn moneyWhy Ethereum Classic is the Ideal Asset to Buy in June Looking for a reliable and promising asset to invest in? Consider Ethereum Classic (ETC), which shows stability and significant growth potential. The recent halving in the Ethereum Classic network has once again drawn investor attention. What is halving and why is it important? Halving reduces the block reward, decreasing inflation and potentially increasing the value of remaining coins. After the last halving, Ethereum Classic's value doubled. Can it repeat this success? I believe so, and here's why: Inflation Reduction: With reduced block rewards, the supply of new coins decreases, creating scarcity and potentially driving up the price. Reliability and Stability: Ethereum Classic ranks 25th in market capitalization, standing at $4.29 billion. Since its launch on July 23, 2016, Ethereum Classic has consistently been in the top 100 cryptocurrencies despite market changes. Long-term Potential: Many projects have disappeared from the market, but Ethereum Classic remains a strong player. This factor instills confidence in its future, making it an attractive long-term investment. Current Situation Analysis: The recent breakout of the resistance level at $29 and support at $28.4 creates favorable conditions for further growth. While short-term volatility is possible, the overall trend remains bullish. Retesting the $29 support level suggests a buying opportunity, confirmed by rising volumes and technical indicators. Psychological Aspects for Investors: Emotional Benefit: Investing in a time-tested project like Ethereum Classic brings confidence and peace of mind. Exclusivity Feeling: Being part of the top 25 cryptocurrencies by market cap gives a sense of belonging to the market elite. Urgency and Scarcity: Halving and reduced inflation create conditions for limited supply, intensifying the desire not to miss a profitable opportunity. Greed and Profit Potential: The significant growth potential in June creates a desire not to miss the chance to double or triple investments in a short period. Why You Should Invest Right Now: Historically Proven: After previous halvings, Ethereum Classic's value grew significantly. History could repeat itself! Growing Interest: With each halving, interest in the coin increases, attracting new investors and boosting demand. Supply Scarcity: Reduced inflation and decreased block rewards create ideal conditions for price growth. By the end of June 2024, Ethereum Classic is expected to reach $40. BINANCE:ETCUSDT BINANCE:OMNIUSDT BINANCE:BTCUSDT
Long
by DU110401
ETC ( Ethereum Classic ) tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
ETC/USDT Gathering Momentum for a Bullish Rally From Support👀🚀💎Paradisers, brace yourselves for a pivotal shift in the #ETCUSDT market, indicating a potential bullish surge from its current position. 💎After navigating through 2 waves of profit-taking, #EthereumClassic is primed for a temporary retreat before making a rebound from the crucial Bullish OB zone at $25.73. If BME:ETC harnesses sufficient momentum from this zone, we could witness a vigorous ascent that challenges and possibly surpasses the upper supply zone. 💎However, if #ETC falters within this vital support zone, we may need to swiftly recalibrate our strategy. Enter Plan B: focusing on sparking a bullish thrust from a lower demand zone at $22. This level is pivotal, as a fall below it could herald the start of a bearish phase in the market's narrative. 💎Stay vigilant and flexible, Paradisers. Your ParadiseTeam remains on alert, ready to navigate and lead through the dynamic shifts of the #EthereumClassic market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
2
A 1200% gain to $400 in 2024 for ETC?Since May 2021 Ethereum classic has corrected 90% as shown on the above weekly chart. Unlike many legacy tokens ETC is one of the few building structure. The reasons to now consider a long position include: 1) Trend reversal, higher highs higher lows replace lower highs lower lows. 2) Support and resistance. Price action has left the long term downtrend channel resistance as indicated by the green arrows. Look left and see past horizontal resistance is now confirming support. 3) Hidden bullish divergence. This particular indication informs a strong move is about to occur. It happens when price action prints a higher low with a lower low on the stochastic RSI oscillator. 4) The price target. The downtrend channel is in actual fact a bull flag. The first impulsive move of 2021 becomes the flagpole. This flagpole is used to measure the target from the exit point of the channel to the area of $400 Is it possible price action continues to correct? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Time frame for long: You decide Return: 1200%
by without_worries
3
Ethereum Classic 💚 ETC price will be $100 👇When will CRYPTOCAP:ETC be at $100? We'll talk a little later...) And now about what happened yesterday with the ETH ETF. In short, it was accepted, but not completely... That is, sooner or later, ETH ETFs will be accepted by the form of S-1s and another gateway will open for the infusion of “big capital” into the crypto market. Therefore: 🔹The long-term outlook is also realistic and works well By the way, for those who don't know, the firstborn in the quarreling #Ethereum family was CRYPTOCAP:ETC which was surpassed in all respects in development by its fork - CRYPTOCAP:ETH ⌛ From history, the #ETCUSDT price has been holding in protracted consolidations for a long time, accumulating positions and eventually organizing a powerful growth trend. Now, the support zone for the #ETCUSD price is $28.70-30.00. If they hold it, then the blue scenario becomes more than realistic with an intermediate or final point of $100 per #ETC
by P_S_trade
3
ETC Long - Wave 3 has potentially started. ETC is one of ur favourite tokens. Although it has so far underperformed against other alts, it respects technical analysis to a tee, allowing us to trade it profitably and hold it with clear invalidation points and targets. We believe we have completed a wave 2 retracement to the 618 where the major 23$ support lies. Now we're looking for a wave 3 expansion which will be confirmed by taking out the 40$ high. We are inclined to believe that this expansion will outperform and reach the 2.618 as opposed to the 1.272 or 1.618. Moreover, this looks to be a major wave count that could truly bring ETC well OVER 100$ potentially to the 786 high to low and maybe even to ATH. However, if you know us then you know we play it level by level and that's what we are doing here also. First target 40-45$, invalidation point would be the break of the 23$ support which in our opinion is the most important level on the chart.
Long
by SynergyTradingSetups
ETC/USDTBearish Divergence Summary Bearish divergence is a technical analysis signal indicating a potential reversal in an uptrend, suggesting that the current price increase is losing momentum and a downtrend may follow. Key Characteristics: - **Price and Indicator Discrepancy**: Occurs when the price makes higher highs, but an oscillator (e.g., RSI, MACD) makes lower highs. - **Momentum Indicators**: Commonly used indicators include the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and stochastic oscillator. - **Trend Reversal Signal**: Suggests weakening upward momentum, potentially leading to a price decline. Trading Strategy: 1. **Identify the Divergence**: Look for higher highs in price but lower highs in the momentum indicator. 2. **Confirm the Signal**: Use additional technical tools or patterns to validate the bearish signal. 3. **Entry Point**: Enter a short position when the price starts declining post-divergence. 4. **Stop-Loss Placement**: Set a stop-loss above the recent high. 5. **Target Price**: Determine the target price using support levels, previous lows, or other indicators. Key Points: - **Discrepancy**: Higher highs in price not matched by higher highs in a momentum indicator. - **Reversal Indication**: Potential signal for a trend reversal from uptrend to downtrend. - **Risk Management**: Confirm with additional analysis and set appropriate stop-loss levels.
Short
by B9A-88652-NisarAhmad
Alikze → ETC | Completing wave B correctiveIn time D1, with an ascent in the form of three waves, it is out of density with several spike candles. According to the type of behavior and structure, if the current correction moves in the form of three waves, two scenarios can be considered for it. The first scenario: the upward corrective movement will continue to the $28 area and then to the $25 area as a higher correction and will not touch the previous floor, which, if supported, will have the ability to grow to the specified area of the supply zone. Second scenario: the correction to $28 continues and then the C wave correction should break the $25 area and at least the bottom of the spike candle will continue. 🟩Sup:25$ ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
by alikze
5
ETC Bullish ChartAccording to the chart that you can see that I have drawn a more complete chart of Ethereum Classic with the lines I have drawn, which is actually the same chart of Ethereum Classic in the Coinbase exchange, we realize that the time correction will end by next month and it will be in the range of 22 to 24$ entered it and kept it up to the target of 300$ and even the ceiling of the channel at 700$. It is interesting that all indicators are similar to last time's rise, and the 55-week moving has crossed the 100-week moving, and the weekly ichimoku cloud is exactly the same as the previous rise, and of course, the closer it gets to $20, the less risky it is to enter.
Long
by mojtabafirooze
4
$ETC may have another leg down to 20.00 area on 4hHere on BME:ETC , we can see a lot of down pressure on the 4h time frame The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above Now, it looks like a downtrend flag is forming inside the yellow area This flag is giving us another 2 more down targets the coincide with the floor of yellow channel and another blue support down there So here we have a lot of confluences that indicate this downward pressure will happen As CRYPTOCAP:BTC is still going sideways and there is some form of cooling down this last days, is much plausible that BME:ETC will have a final last drop on targets number 2 and number 4
by CCCLopes
ETC fights against resistanceHello everyone, let's look at the 4H ETC to USDT chart as we can see that the price is moving in a downtrend channel. Let's start by setting goals for the near future that we can include: T1 = $28.51 T2 = $29.92 T3 = $31.92 T4 = $35.08 AND T5 = $37.63 Now let's move on to the stop loss in case of further market declines: SL1 = $22.82 SL2 = $20.04 AND SL3 = $18 Looking at the RSI indicator, you can see a sideways movement near the middle of the range, while the STOCH indicator started to reverse from the middle of the range.
by cryptodailyuk