Ceiling of the channelBreaking the resistance of the $23.90 area is necessary to continue the upward movement and hit the ceiling of the channel. So this week we can keep this resistance and support of $20.39 in mind.
ETCUSDT trade ideas
✴️ The Law Of Alternation | Ethereum ClassicYou remember we looked at Ethereum Classic, saying it was consolidating above EMA100. This is exactly what happened back in July 2022 before additional bullish action.
Currently, consolidation continues to take place above this level.
Are you aware of the law of alternation?
This is another one of Ralph N. Elliot's finds.
It goes like this, in each cycle patterns will alternate, for example:
1) If you get a regular top, the next cycle you get an irregular top. BTC produced a regular top 2017 and an irregular top 2021.
2) If you get a simple correction on the 2nd wave, you get a complex correction on the 4th wave.
3) If you get a short consolidation phase, the next time you will get a long consolidation phase. Alternation.
The previous ETCUSDT consolidation above EMA100 was short in duration, just 7 days, this one is already becoming long at 20 days...
What I am trying to say is that I believe that we will see additional growth in the coming days.
Exactly how many days I don't know and I don't care... We plan, trade and focus thinking of the bigger picture.
Namaste.
$ETC - finally breaking the ResistanceHello my Fellow TraderZ,
Look, $ETC finally breaking out of the ASCENDING TRIANGLE which has been forming on the DTF.
A daily close above the Resistance will take the price to the next levels - $27 - $30.
Mark it.
CHEERS!!!
#etc looks solid for a decent breakout from here
bearish below 22.780
targets are 1st stop will be +15% 2nd stop will be +50%...
clear exit below 22.780
ETCUSDTThe chart shows a large liquidity build up down its support and it already grab the liquidity in the resistance and also grabbing the supply.
ETCUSD ❕ broke up the downward channelTrading volumes are up.
Price has fixed above 50EMA (4H TF).
I expect the continuation of growth after the price has fixed above the upper limit of the range.
Ethereum Classic ETC price is preparing for a "shot up" ?Today, let's talk about Ethereum Classic and the prospects for the ETCUSDT price movement
There are two reasons for writing and creating today's idea:
1. The ETCUSD price has reached the target from the previous idea, showing +50% growth in January 2023:
2. While many altcoins have been actively growing over the past few days, the ETC price has been stuck in consolidation all this time. Usually, breaking out of such consolidations is a powerful impulse. Since the crypto market is currently experiencing an upward trend with hints of a possible correction, we have the following assumption:
ETCUSDT buy zone is in the range of $21.6-23.6 with a possible further strong impulsive upward movement, where t he first target is $32, the second target is $42
ETCBTC has a growth potential of at least +25% to the first strong mirror level from above.
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$ETC about to melt faces! Dino Coins Another great pump might come from this Dino Coin ETC!
Setup is clean, Volume is coming in, and the order of pumps is playing out. Dinos are next!
ETC is a great one for 20-60% Gains soon.
DYOR.
ETC/USDT "Triple Top" spottedHey guys!
Next one on our watchlist is going to be ETC/USDT pair. We noticed a nice "Triple Top" pattern here which is currently sitting near "neckline" zone. On a Daily chart RSI looks still a bit overbought so let's wait for additional confirmation for bearish movement here.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETC <1H TIME>HI
ELLIOTT WAVE
The formation of ascending wave 1 and the beginning of corrective wave 2
✅TS ❕ ETCUSD: triple touch resistance✅✅ ETC failed to break through the resistance level three times.
After the last attempt, the price bounced down.
I expect the fall to continue after consolidation under the support level. ✅
🚀 SELL scenario: short to 20.52. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Ethereum Classic's top targets will be in the $27.23 rangeEthereum Classic's top targets will be in the $27.23 range if the price breaks through the $23.9 resistance. In the 4-hour timeframe, we can see the range trend, which can continue in the best case this week.
ETC/usdt 1HHello friends, I hope you are well. My personal opinion about Ethereum Classic is positive and after the price exits from the upper line
First target_23.52
Second target_27.24
The third target_32
Fourth target_45.66
The fifth target is 51.65.
This trade is spot for the spot market and according to your risk and capital management, set the first stop loss at 20.87, after breaking the ceiling of the pattern, set the stop at 21.50 and at the end 22.10 for the stop.
Etcusdt Forming Bulish Pennant Etcusdt Forming bulish Pennant In h4 Timeframe
Incase Of Breakout Expecting 25 To 30% Bulish Move
Entry Will Be Only valid after Breakout
ETC LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETC/USDT possible movement!Hey guys!
Another one on our watchlist is ETC/USDT pair. We noticed a possible "Double Top" pattern to be forming here but if can also be a "fakeout" due to current market state. So we do set two limit orders here to be ready for any possible movement. Let's see
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
we almost completed upward impulse, after correction will be continuation of growth.
Entry: market and lower (entry from my last analysis was 19$)
Targets: 35 - 45 - 55
MAIN TARGET ZONE: 50-60$
after first target reached move ur stop to breakeven
Stop: ~13 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 7
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ETC Long play incoming gainsEthereum Classic always makes nice rebounds in support zone. This means now it is good opportunity to take risk, because price in support zone from long term.
Consider to protect yourselfs and use stop loss if you trading it.
Expecting 3 major targets (on the chart) within next month.
ETHEREUM CLASSIC, a long term vision. ETCUSDT . UpdateHello guys, This is an update of previous analysis (blow link), we made our buy positions at the two points which we wanted and the trend has moved as we expected. For now you can manage your capital and profit until reaching the chosen target.
Good luck
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Write your comment and opinion below for me
ETC descending channel about to popETC is showing the same pattern as last few months, when it was descending and rose +188%.
Two good reasons for a bullish outlook for a +80%
1) At the orange support zone and showing strength here, it's not going lower. It used this zone last time to rise as well
2) In descending channel, that lost momentum at the same support zone as before.
I recommend waiting before picking this one up.
No coin is bullish even if it goes +20% in one day if and only if it breaks the patterns and forms a clear sign.
Thus, neutral-bullish now. I will update this idea once it breaks and update you guys
** Check out my ETC ideas in my profile and below
