Ethereumclassic
ETCUSD it can be $50 moveRally and retracement:
After a powerful rally, now the price action of the ETC coin has been retraced between 0.618 to 0.786 Fibonacci level, in the meanwhile it is also testing daily EMA 21 as support.
Monthly EMAs:
On the long-term monthly time period chart, the priceline is moving below EMA 10 and 21. We need a cross over between these two EMAs for a long-term bull run.
Big Wedge:
On the lon-term monthly time period chart, the price action of Ethereum classic has also formed a wedge move. The candlesticks are also crossing up the 25 simple moving averages as well. There is also 50 SMA resistance above the resistance of the Wedge pattern.
Monthly Shark move:
On the monthly time period chart, the price action has also formed a Big Shark harmonic move. Even though there are big spikes beyond the C leg but all the legs are driven as per the requirement of bullish Shark, therefore, we can expect that now the priceline may start a bullish move from here.
Weekly SMAs and Bollinger bands:
On the weekly time period char, the price action is at the support of 100 simple moving average and the Bollinger bands is also expanding. Now there is a strong resistance of 200 SMA above the Bollinger bands.
Weekly Ichimoku:
On the weekly chart, the price action has also entered in bearish Ichimoku cloud and rejected by its resistance.
Conclusion:
The price action has formed a big bullish harmonic move. Therefore we can expect that in the long-term it can breakout the bearish cloud easily and then can reach all time high.
ETC 1D Aggressive buyer made x2, and you?It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it.
The previous idea worked out quite interestingly:
At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months.
Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2.
If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months.
Now the ETC price is trying to fix in the upper half of the channel.
If this trend continues, then in the coming days we should expect growth to the level of $9 , where it is worth more closely monitor the behavior of players in the trading pair ETCUSD.
After all, the further price movement will depend on it.
We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea.
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ETCUSD (Waiting for the resistance zone break out in a day char)#ETCUSDT(Weekly chart) Technical Analysis Update
Waiting for the resistance zone break out in a day chart
ETC/USDT currently trading at $7.66
Long Entry: Above $8.00
STOP LOSS: I will update once I see the breakout
Resistance level 1 (Target 1):$9.84
Resistance level 1 (Target 2): $12.90
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Ethereum- towards 800 before a deep correction?Just after Christmas high, Ethereum has entered a consolidation stage between 700 and 750. Now the cryptocurrency looks ready for a new leg up towards 800 and with a BTC just under 30k a new wave of crypto-optimism is very probable. Dips should be bought and only a decisive drop under 700 would chance my bullish outlook.
ETHUSDT, short after big solds above 728.Hi friends. Lets look at ETHUSDT chart window. Modified "Earned" script show big sells above 728. I mean that exchange sell crypto for fiat to traders that want long. So exchange want getting this fiat to buy from lower price. They test 704 and now people really think we can go upper but i dont think so. Much better will be purchase from 670-680. So my opinion strong short to 670 - 680 in near time. Follow me.
ETHUSDT, New year - new advices.Hi Friends. This year was difficult in many aspects of our life. It was difficult for our past system and show how world can been different and new. Of course all this situation bring new life in crypto currency. Money cant sleep, they always wanted new targets. I think our crypto adventure in New Year will be much more interesting and productive. Happy New Year! And good holidays. 🎉🍾💸💰📈
Ethereum Classic ($ETC) Set To Rocket In /BTC & /USD PriceEthereum Classic ($ETC) Set To Rocket In /BTC & /USD Price
We have Added 2,000+ ETC thus far & may Acquire Many More...
Extreme Bullish Divergence is on the RSI on the /BTC price at the moment!
Our Expectation are to witness a move to New All-Time Highs in 2021-2024.
You can find Ethereum Classic ($ETC) on Coinbase / Robinhood / nearly all #Crypto exchanges.
Best Regards, Miguel / CCA