I just want to share my idea what I thinking about of this cryptocurrency. There's an interesting sight to look how Ethereum Classic it's preparing to make a new ATH to mark over $1,000 USD in the next months. This it's just my idea. Look, ETC break out the historical maximum price of $46.85 USD and this cryptocurrency could to repeat this pattern multiply x2 the...
Ethereum Classic forming a bullish butterfly pattern. This it's an Harmonic Pattern and it's bullish signal. We're in Daily timeframe and also, Ethereum Classic make support in the EMA 200. So, in medium term, Ethereum Classic could to move up toward $60.25 USD next resistance key and $78.28 USD next up 2nd resistance key. The 2nd resistance key it's my target in...
Ethereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making.
I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of...
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That Ethereum will return.
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What else should...
Hello traders and investors!
Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH).
if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be...
Hello traders and investors,
If we still consider the idea of a 1-2 1-2, and we keep a bullish long term sentiment on this pair, we could consider last week deep impulse (someone called it the liquidation spike) as part of wave 2 correction. In particular, a-b-c flat regular. with wave C ending at 61.8% of wave minute green degree.... (what a coincidence?).
Hello my friends, A multi timeframe analysis of ETC and a long term vision for investment. We have a beautiful W pattern which the price broke the neckline and retesting it. you can consider it and the price actions in the circles to buy it. Good luck
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Hi, guys, this is my first contribution to this community. I just started learning Technical Analysis not long ago, I am studying TA using Technical Analysis of Financial Markets. The current EMA 200 on the daily chart is rising and is about to converge with the price. As you can see on the red dotted line, which is basically an extrapolation of the EMA 200 with...
The price is inside an uptrend channel where the price is rising to the ceiling after falling into the middle of the channel.Write in the comments all your questions and instruments analysis of which you want to see.
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Right now ETC is trading near the resistance area, which previously was the support and the bottom of the range. The range has been broken, inviting more and more buyers in the short to medium term. This increases the probability of further decline potentially by 20% or even more.
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(ETCUSD 1W Chart)
If the price maintains above the 16.722-25.179 range, we expect the uptrend to continue.
In particular, if the price is maintained above...
The price can reach 0.5 Fibonacci levels. One step can enter. If $ 57 support is lost, another step can be taken in the strong support of 0.618 area. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.