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Etc

✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below: Now we have four days already of prices staying above this level. When a level is conquered, the main condition for confirmation is "staying above" said level. Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave! So far we are looking great... On a drop, the relevant levels are as follows: 1- $20.90 for EMA100 and EMA10. 2- $19.50 for EMA21 and 0.382 Fib. Remember the bigger picture, we are looking good. Patience is key... Chances are we still have plenty of growth of ahead. Namaste.
Long
by MasterAnanda
3
✳️ Ethereum Classic To Resume Growing vs BitcoinEthereum Classic is one of the main altcoins that we track and we follow ETCUSDT and ETCBTC. Each pair has its own peculiarities. The long-term perspective is quite clear and this chart I shared for you before. On the 9-Jan. a peak was hit, the initial breakout (wave 1) and now it seems that ETCBTC is going ready to resume its growth. There will always be retraces and corrections, nothing moves straight up but the short- and mid-term perspective is up, up and up. We have until late March green... This is only the beginning. Namaste.
Long
by MasterAnanda
3
✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them. In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place. The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead. In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead. " What one does, the rest follows... " For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well. $25-$27 is the EMA300 target but there can be more. My main target from the current price is set now at $35 for a nice 65%. Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs. See the previous charts for more and 'Related Ideas; below. Namaste. Previous charts: ✴️ FetchAI | 8-Dec-2022 ✴️ Ethereum Classic | 20-Dec-2022
Long
by MasterAnanda
1
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months. However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern In the current impulse growth momentum, the ETC price can reach $19.5 If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
ETC had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance. Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
by MonoCoinSignal
1
✴️ Ethereum Classic Leads The Altcoins, July 2022 Repeat, 195% PThe last time Ethereum Classic moved above EMA50 was back in July 2022 and this lead to more than 155% growth. We have the same situation now which we have been expecting and this time around we can have similar results. We are trading within a higher low which tells us of a potential higher high. The main target is set at 134% but if we get a higher high we are looking at a potential 195%+ from the current price. If we get such huge growth... This might confirm bitcoin's low. The bottom might be already in for bitcoin and this would mean that what we are seeing develop now is not only a relief rally but the start of the next bull market... Stay tuned for more. Namaste.
Long
by MasterAnanda
ETHEREUM CLASSIC, Massive Breakout With Further Pump Ahead!Hello Community, Welcome to this analysis of mine about the Cryptocurrency Market. As the new year 2022 has emerged there are important coins within the market which show up with interesting developments especially as the volatile movements increase therefore it is reasonable to watch for picked altcoins within the market that are likely to unfold further potential and determine important patterns to move on with. In this case, as I analyzed the cryptocurrency market I found Ethereum Classic with recently completed a paramount formation on high volatile movements in the market and breaking out above the upper boundary of the broadening wedge formation as it is marked in my chart. This is a very strong movement by Ethereum Classic which is suggesting further movements to wait around the corner. Besides the completion of this major formation, you can also watch how Ethereum Classic is developing this confirmational triangle formation above the upper boundaries and is now about to setup further waves in this direction especially once the triangle formation has been completed with a breakout above the upper boundary as seen in my chart. Once Ethereum Classic has shown up with these developments the targets in my chart will be activated and Ethereum has a solid high likelihood possibility to reach out to these target zones in the upcoming times. It will be an interesting journey ahead. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
12
Double bottom patternETC has gained more than 20% in price in the past day. Ethereum Classic, which had formed a double-bottom pattern above the $15 support area, confirmed the pattern with support from buyers after breaking through the $17 area resistance and continued to rally near $20. With this buying pressure, the price has left the medium-term downward channel, and if the price enters the corrective wave, we can expect a pullback to the ceiling of the broken channel in the range of $17. However, note that a strong upward trend in the 4-hour timeframe can have a shallow correction. Therefore, the first support level is considered to be in the $18 range, and if we see signs of support, we will expect the price to grow.
by MonoCoinSignal
28