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.
ETCUSD
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
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.
DOGE really similar to the ETC breakout! Possible +60%Hello Everyone,
Here is another comparison between Ethereum Classics' breakout and what Dogecoin could possible see.
If Dogecoin takes the same path as Ethereum Classics, it could see a possible 60% raise.
Let me know what you think or if you have another idea!
This is not financial advice, please do your own due diligence and your own research.
Thank you for your time!
DOGEUSDT Compared to ETCUSD.... PUMP could be Incoming!Hello Everyone,
First time posting here.
I just noticed that Ethereum Classic and Dogecoin are following one another very closely over the last year.
With this being said, Dogecoin could see a nice pump to .25 cents, if its compare to ETCUSD.
Let me know what you all think, or if you have other ideas.
This is not financial advice.
Please do your own due diligence and research before reacting.
Thank you for your time!
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.
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/USD] Long term: What is the future of ETC?TREND:
Trending line has clear bearish tendencies since the end of February.
SUPPORT:
We are currently missing any major support line until around 2.662USD. Either we will create a new support by side action or we will fall in correlation with the trend line.
VOLUME:
Volume is proving to be not big enough for bulls. We can clearly see that bears are taking the lead. Should we see some change? If yes, then already mentioned side action is needed with higher highs.
RSI (100days):
It is currently on 42 (meaning of life?) which is not hugely oversold, therefore there is still lots of room for selling action.
Summary and prediction? I see ETC slowly falling down to the area of 2.662USD until the half/end of January.
If you agree, then your like is appreciated :)
Happy trading.
ETCUSD Still not bullish long-term until this breaksEthereum Classic has had a +45% rise in just the past 2 days and is currently testing the 1D MA200 (orange trend-line). That level has been intact since the November 10 2021 Lower High.
Unless the 1D MA200 and the Lower Highs trend-line just above it break, ETC won't reverse the long-term bearish sentiment and will continue trading within the Channel Up that started at the begining of the year. A break below the bottom of this Channel Up, constitutes a sell signal targeting the Pivot line.
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AMC & Ethereum Classic CorrelationI believe institutions are using Crypto for the purpose of leveraging their positions on meme stocks.. like AMC. Ethereum Classic, is one that has been extremely correlated with AMC's price action lately. As you can see here, ETC started leading the way in February of 2021, and shortly after it dropped, AMC began creating the same patterns. They were traded against each other up until November 15th, when they started tracking identical (in time). In our current state, both seem to be very correlated in pattern movements; they are still tracking identical. However, I believe things are about to change. ETC is up 20% today (Saturday March 19th, 2022). I think this upcoming week we will start to experience their correlation (in time), slowly stray away from one another. The pattern tracking will continue, except, it will occur on different time frames. This process would allow the institutions to, once again, trade the two against each other in preparation for the next runup, or.. the squeeze. If true, the manipulation of AMC would seem inevitable.
ETCUSDT, We are going to complete Wave CHello everybody
We hope that everyone are in profit in these days of market and a f.. war :(
According to the chart and last analysis that we published, the price was moving in downward trend and we can say that is moving in downward channel.
According to the Elliott theory now are in wave C and we need to complete it, We shown on chart one of the most powerful PRZ level that can the price impact it and ready to move upwards from this level.
But important thing is : PRZ Level is the zone that have power to change the trend not surely do it just have the power.
In these days until Feds event not happend do not trade because its risky for everyone, wait the market show us what gonna do :D
Observe to your capital management
Good Luck
Abtin
Very Previous analysis :D :D :
Ethereum Classic (ETC) - March 11Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ETCUSD 1W Chart)
(Full: )
Above 19.220 point: expected to continue uptrend (long-term perspective)
Above 36.280 point: Expected to create a new wave.
(1D chart)
38.376-49.785 section: section that determines the trend
Therefore, it is important to maintain the price above the 38376 point.
If the price declines below the 26.542 point, there is a possibility that it will fall near the 19.220 point, so you need to trade cautiously.
To turn into an uptrend, it must move above the 32.740 point.
However, it is expected that the upward trend will continue only when it rises above the 57.505 point.
The next volatility period is around March 22.
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(ETCBTC 1W chart)
(All: )
0.0009 Above 70 points: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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