Ethereum Classic ETC #ETC $ETCHere's an update on ETC Ethereum classic.
Trying to give you these updates ASAP so that they can be used in real time.
I try and break down the levels to watch for and trade with.
Give you the low time frame and higher time frame outlooks. I know that day trading and making hourly moves and or trying to is becoming more common amongst retail. So I'm trying to help fill that more immediate need which is often a VOID for those who don't chart for themselves.
ETCUST trade ideas
#ETC/USDT 1DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
Ethereum Classic (ETC) continued to trade close to a three-month low on Tuesday, after hitting this mark to start the week.
Yesterday, the token hit a three-month low of $23.10, and 24 hours later, prices remain near this point.
Following a move to a high of $24.31 earlier today, ETC/USD once again moved lower, dropping to a bottom of $23.73 in the process.
This week’s low saw ETC move below a key floor of $23.20, which has been in place since mid-July.
In addition to price, the 14-day relative strength index ( RSI ) has also hit a multi-month low following the bear run.
For traders looking to buy the dip, this is potentially a positive sign, as we are firmly in bearish territory, and could eventually see bulls choose to reenter the market at this point.
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ETCUSDTit looks very weak on major resistance. so high possibility to fall through and go down further however will wait to see confirmation.
usually on most retest it is always a decent buy but on this occasion I will wait it out.
with Market looking shaky. trade carefully.
what are your thoughts guys?
✅TS ❕ ETCUSD: support area✅✅ ETC is moving in the support area.
The price is accumulating and a rebound is possible soon.
I expect growth.✅
🚀 BUY scenario: long to 30.88.🚀
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ETC/USDT is it time to launch? Hello guys
Another one on our watchlist is ETC/USDT but this time on 1hr chart. We see a pretty clean setup being formed for this coin which gives us a multiple confirmation of bullish movement soon to happen: Small uptrend, Sitting at support, Being above EMA100 and pushing towards EMA200. What do you think guys?
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETHEREUM Classic has many miners, they will pump ETC price againThe fall in the ETHEREUM Classic price is happening on lower volumes.
A modest update of the lows and something like a downward wedge is formed within the correction. Usually such a pattern later acts as a continuation of the growth trend.
We think that in the area of $26-28 it is logical to try to take the longs of the ETCUSDT. Sooner or later the ETC price will be pumping again, and the minimum growth potential in the medium term is x2 to the area of 51dollars.
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ETHUSDT | Breakthrough coming soon!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset is now moving in a downward channel, showing a protracted consolidation.
If there is a squeeze to the 0.618 Fibonacci zone, then from there you can consider short with a short stop at $28.80
Guys not financial advice, just sharing my thoughts on the schedule!
Ethereum Classic - Yellow Horizontal The yellow horizontal on this analysis provides a great support for this preemptive breakout structure
Price has extended itself to the top of the descending megaphone
From here a breakout of this megaphone and in turn the flag like structure continues the breakout on a timeframe such as the Weekly.
This is the daily timeframe.
ETCUSDT| LOOK FOR BREAKOUTETCUSDT has been trading under the falling trendline.
The price approached to horizontal support and price bounced back.
Now the price has holding an important support level while trading near the falling trendline.
One can look for breakout on either side.
1) if price break above, one can enter for long positions
2) if price break below support one can short
Trade your levels accordingly.