ETCUSD.P trade ideas
Something cooking with ETC Ethereum Classic?Chart opens a possibility for a bullish multicycle continuation for ETCUSD chart. Key zones to watch are in blue. One more level to conquer to make this upward movement definitive and sustainable. If it goes beyond 47 dollars, it opens pathway to ATH with no resistance until 175 dollars.
ETC with a possible (+50%) moveETC could try to reach between $47 to $54 the highs from 2022 in the next weeks, the momentum is favoring higher prices with with huge hidden bullish divergences, if stays above $33 in a weekly close would be a good sign for it. The target is in confluence with monthly levels, anchored vwap from the may 2021 high, fibonacci levels and strong resistance zone.
ETC/ USD * Ethereum Classic - EWP FIB TC WEEKLY TF ANALYSISThe RSI on the lower part of the chart, currently around 39, indicating a slightly oversold condition. This suggests the market could be near a potential bottom, but further confirmation is needed.
If this ABC correction holds, the price might find support near the 0.786 Fibonacci level ($15.65) or the lower boundary of the channel. This could signal the end of the corrective phase and the start of a new upward movement (Wave 1 of a new cycle). Alternatively, if price breaks below these support levels, it could suggest further downside, extending the correction.
Ethereum Classic: A Breakout That Could Ignite a New Bull RunEthereum Classic (ETC/USD) has broken out of a multi-year descending trendline, signaling a potential shift from prolonged consolidation to a new bullish phase. This breakout ignites optimism among long-term investors, suggesting that the long-awaited rally might finally be here.
A Fibonacci projection highlights the 1.618 level at $274 as a key long-term profit target, representing significant upside potential from current levels near $36.50. This technical milestone could attract fresh interest in ETC, positioning it as a standout performer in the crypto market.
For long-term holders, this breakout marks a pivotal moment, offering renewed hope of ETC reclaiming its strength. While challenges may arise, the current move sets the stage for a potential historic rally, making this a critical time for investors to remain optimistic and informed.
**Disclaimer:**
This post is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency investments are highly volatile and involve significant risk. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results.
Crazy targetIknow, this is insane. But yeah its crypto. Just spent money you can loose. We could be in a wave 3. Would be amazing if this happens after 8 years.
ETCUSD - Bull RSIThis RSI pattern on the Monthly is a W pattern with the sides being lower than the middle peak
A very bullish sign for people in long on ETCUSD
If you see a chart similar to this recognize the W pattern as it is a great sign
Monthly
ETCUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on ETCUSD (1 week time frame).
the price hit a local high in March 2024 and hit another high in November 2024, after that the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous resistance zone that can be a support for a bounce up now. The best would be if the price will hit the SMA in the buy area and use it as a support too. The buy area is between 24.28 and 22.43.
We will put our first take profit at the level of the last high, at 36.23. the second take profit will be at 41.63 when the price hit a local high in August 2022.
Good luck!
An Extra Look at ETCUSD This chart is also a bullish one for ETCUSD just on a slightly larger timeframe
This assumes that we are in a channel right now and a little breakdown will occur to the lower support trend line, and from there the bulls can continue up to $250
Once $250 is reached I think the larger structure could break
Big gains regardless of which chart you prefer this or my previous
ETCUSD - Flat Bottom Reversals ETC has formed a MASSIVE support, similar to a prior one that resulted in a bull move up.
I think this will occur again and new ATH's will be formed
I doubt the flat bottom support will break down.
Bullish
Daily timeframe
ETC IS READY TO BLAST OFF SOON Etc is ready to boom 500 plus on this one soon i can see the pattern is the same lets go
ETC Classic - BreakoutGoing long here. Excellent rally in 2021 and the same set-up is happening here.
Ethereum Classic, ETC, golden pocket sets 14x algo target, $450this is a great example of how this setup plays out. 2018 triple bottom in the golden pocket then wicking through the algo target in 2021. lets see if history repeats...
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $14.80 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $29.40
Stop: $20
Resistance: $42 - order block
Target: $450
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
ETCUSD Poised for a Breakout - $200+ TargetEthereum Classic (ETC/USD) has been consolidating for months, but a breakout above the $27 level could spark a historic rally toward $200+. The long-term downtrend resistance, indicated by the dotted green line, is being tested, and bullish momentum is building. Key support is seen at $17.00, and a strong break could propel ETC to much higher levels.
- **Support Level:** $12.64
- **Resistance Level:** $27 (breakout point)
- **Target:** $200+
**Indicators:**
- Momentum and RSI indicators are showing signs of strength, supporting a potential upward move.
**Note:** As always, please manage risk and use this for informational purposes only. A break above the trendline would confirm the bullish scenario.
Ethereum Classic (ETC) +3000%I bet 3% of my deposit that ETC will grow following ETH in this cycle. Start - launch of ETH ETF
Let's go
the last correction of ETCaccording to thid analyse the best time for purchusing ETC is around Dec 2024 and Jan 2025 and the lowest risk price is around 15$ for a mid term target 150$ and long term target 350$
ETC — August 2024 ATHBITFINEX:ETCUSD is not a clone of BITSTAMP:ETHUSD , but a continuation of the original Ethereum launched in 2015, which The Ethereum Foundation forked away from by launching a new protocol one year later in 2016.
Applications on BITFINEX:ETCUSD have been operating uninterrupted for a year longer than on Ethereum™, making ETC the longest-running and most reliable Smart Contract Platform.
This analysis suggests that BITFINEX:ETCUSD is likely to reach all-time high in August 2024.
NFA. DYOR.
ETC/USD: Bearish Sentiment Dominates In my latest analysis of ETC/USD on the daily time-frame, I've observed significant bearish pressure mounting as the price hovers around crucial support levels. The chart clearly illustrates a series of Elliott Waves, combined with Ichimoku Cloud analysis and volume profile, pointing towards potential outcomes in the near term.
Key Observations:
Wave Structure:
Multiple WAVE I points have been identified, marking significant impulsive moves followed by corrections. The latest WAVE I suggests the start of another downward wave after a brief recovery attempt, which is currently being tested at lower levels.
Ichimoku Cloud Analysis:
The price is below the Ichimoku Cloud, signaling a bearish trend. The cloud has acted as resistance, further reinforcing the downward momentum. This bearish sentiment is likely to continue unless the price can decisively break back above the cloud, which seems challenging given the current market conditions.
Price Targets:
NT Target (28.86): This level was a significant target during the previous upward move, but the failure to sustain above this level indicates strong resistance and the potential for further declines.
N Target (17.3): The price is approaching this key target, which could serve as a critical support level. A break below this level could open the door to even lower prices, potentially testing the V Target (11.18).
V Target (11.18): This lower target would represent a significant bearish move, aligning with a continuation of the current downtrend if the market sentiment remains negative.
Possible Outcome:
Given the current setup:
Bearish Scenario: If the price continues to decline and breaks through the N target at 17.3, we could see an accelerated move towards the V target at 11.18. This scenario aligns with the overall bearish outlook and would suggest that the bears are firmly in control.
Bullish Reversal Potential: Should the price find strong support at the N target or the current level around 19.03, a reversal could be possible. However, the price would need to reclaim the NT target at 28.86 and move back into the Ichimoku Cloud to signal a potential shift in trend.
Conclusion:
The chart suggests that ETC/USD is under significant bearish pressure , with key support levels being tested. The failure to hold above critical targets indicates a high likelihood of further downside, particularly if the price breaks below the N target at 17.3. I will be watching closely to see how the price reacts at these levels, as they will likely determine the next significant move for ETC/USD. Traders should remain cautious and consider the broader market context when positioning themselves in this volatile environment.
PJB
ETC Time Has ComeIn order to show my previous analysis more precisely, I have to show this path that it is likely that this path will be Ethereum Classic in the next 1 year, and the start of this path, considering the completion of the time correction, can be at the end of this July and the beginning of the next month, and if in this The price path of 43 to 47$ can be broken with strength, we can speak with more certainty about the occurrence of this analysis and the target of wave 3 of this path is around $200 and the target of wave 5 of this path is around $350. In my previous analyzes I have said many times that the region It is suitable to enter at the bottom of the channel around 19$ and the time target for this path is around 14 months.
New Cycle Starting?Yep most ppl think this is dead (they may be right but who cares) - Chart is looking spicy for a huge parabolic move...send it.
Bull Run Is Comingonly two weeks left to get begin a graet bullish wave due to time analysis.the time correction is going to be end in two weeks and i guess a bullish wave will start in july and the targets of this wave are 140$ in the middle of this chanel and the top of this chanel is around 800$ that is a little optimistic.but 300$ to 400$ is realistic.all of the weekly indicators and oscilators are the same situation of the last bullish wave in 2020.the lowest risk price for buying is around 19 to 21$ and the time of this long wave is around 10 months to 13 months.the 55weekly EMA has crossed 100 weekly EMA and in ichimoku cloud has been seen two bullish steps just like the last bullish wave. and we have a 25 months's time box that will end in next month.
ETC / USD * Ethereum Classic * Weekly EWP FIB TC analysisETC / USD * Ethereum Classic * Weekly Elliott Wave Priciple Fibonacci Trend-Channel analysis
