ETC/BTC - Ethereum Classic: BBand_Breakout Super-Trend
◳◱ We have recently observed two promising signals, a Bollinger Band breakout and a Super Trend pattern, on the
ETC
/
BTC
chart, which strongly suggest a bullish trend. The Bollinger Band breakout, characterized by the price surpassing the upper band, signifies a potential upward movement, while the Super Trend pattern further confirms the presence of a bullish sentiment. Seizing the opportunity to enter the market within the current price range and aiming for higher levels appears to be a robust strategy. Notably, key resistance levels can be identified at 0.000647 | 0.000693 | 0.000788, while major support zones are strategically positioned at 0.000552 | 0.000503 | 0.000408.
◰◲ General info:
▣ Name: Ethereum Classic
▣ Rank: 30
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum Classic is a decentralized computing platform designed to execute smart contracts, which are applications that run as programmed without the possibility of censorship or third-party interference. It is a distributed network consisting of a blockchain ledger, a native cryptocurrency (called ETC), and an ecosystem of on-chain applications and services. Ethereum Classic is the legacy chain that split from Ethereum following a contentious hard fork, known as The DAO fork, in Jul. 2017. Like its sister chain, Ethereum Classic features an execution engine optimized for smart contract processing (known as the Ethereum Virtual Machine or EVM) and a Proof of Work (PoW) consensus system. While it shares some aspects with Ethereum, Ethereum Classic offers a more defined monetary policy and inflation schedule.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.000612 ₿
▣ 24HVol: 56.824 ₿
▣ 24H Chng: 1.324%
▣ 7-Days Chng: 21.26%
▣ 1-Month Chng: 2.73%
▣ 3-Months Chng: -7.51%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.000647 | 0.000693 | 0.000788
◢ Support: 0.000552 | 0.000503 | 0.000408
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: STRONG_BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 1.40
▣ Last 90D: -0.24
▣ Last 1-Y: 0.63
▣ Last 3-Y: 0.93
◲◰ Volatility:
▣ Last 30D: 0.74
▣ Last 90D: 0.55
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.67 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth ETCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ETC
/
BTC
chart, which strongly suggest a bullish trend. The Bollinger Band breakout, characterized by the price surpassing the upper band, signifies a potential upward movement, while the Super Trend pattern further confirms the presence of a bullish sentiment. Seizing the opportunity to enter the market within the current price range and aiming for higher levels appears to be a robust strategy. Notably, key resistance levels can be identified at 0.000647 | 0.000693 | 0.000788, while major support zones are strategically positioned at 0.000552 | 0.000503 | 0.000408. ◰◲ General info:
▣ Name: Ethereum Classic
▣ Rank: 30
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum Classic is a decentralized computing platform designed to execute smart contracts, which are applications that run as programmed without the possibility of censorship or third-party interference. It is a distributed network consisting of a blockchain ledger, a native cryptocurrency (called ETC), and an ecosystem of on-chain applications and services. Ethereum Classic is the legacy chain that split from Ethereum following a contentious hard fork, known as The DAO fork, in Jul. 2017. Like its sister chain, Ethereum Classic features an execution engine optimized for smart contract processing (known as the Ethereum Virtual Machine or EVM) and a Proof of Work (PoW) consensus system. While it shares some aspects with Ethereum, Ethereum Classic offers a more defined monetary policy and inflation schedule.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.000612 ₿
▣ 24HVol: 56.824 ₿
▣ 24H Chng: 1.324%
▣ 7-Days Chng: 21.26%
▣ 1-Month Chng: 2.73%
▣ 3-Months Chng: -7.51%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.000647 | 0.000693 | 0.000788
◢ Support: 0.000552 | 0.000503 | 0.000408
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: STRONG_BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 1.40
▣ Last 90D: -0.24
▣ Last 1-Y: 0.63
▣ Last 3-Y: 0.93
◲◰ Volatility:
▣ Last 30D: 0.74
▣ Last 90D: 0.55
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.67 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth ETCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade active:
Binance, Bittrex, Huobi.pro, KuCoin
#ETC/BTC Take-Profit target 1 ✅
Profit: 3.0012% 📈
Period: 1 Hours 10 Minutes ⏰
#ETC/BTC Take-Profit target 1 ✅
Profit: 3.0012% 📈
Period: 1 Hours 10 Minutes ⏰
Trade active:
Binance, Bittrex, Huobi.pro, KuCoin
#ETC/BTC Take-Profit target 3 ✅
Profit: 5.3377% 📈
Period: 3 Days 17 Hours 39 Minutes ⏰
#ETC/BTC Take-Profit target 3 ✅
Profit: 5.3377% 📈
Period: 3 Days 17 Hours 39 Minutes ⏰