Ethereum Classic is currently in a run up almost 13% on the day. I believe as long as BTC behaves we could see an even stronger pump in the short term. I would be cautious of entry right now. As I stated, stability of the pump is really dependent on BTC holding or breaking its current range. However, if managing risk properly, this could be a very profitable long....
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It should rise above the critical point of 5.889.
In addition, it must be supported by the long-term uptrend...
With BTC's last pump, it allowed FTX:ETCPERP to open above the MA50 on the 4h chart and retest it, which is a strong bullish signal, expecting a move up to the next resistances.
Entry: 5.4
Target 1: 5.927
Target 2: 6.627
SL: 5.227
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when...
- ETC creating a descending traingle, which usually have the tendency to break to the downside
- Volume is nowhere to be seen, will need a spike upon breakout if we want to see a sharp move
Breakdown target: daily resistance @640 satoshi's
Breakout target: weekly resistance @946 satoshi's
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It must rise above the long-term uptrend line (1), which must be supported.
The 5.889 point is an important point in the low-cost segment and should rise.
The position of the abbreviations has been changed slightly.
please check.
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I think the...
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Check out last ETCUSD analysis.
Price after breaking out from the Triangle pattern, now going to resistance zione
Looking to increase position near 5-ish prices.
SL shared in my group.
Keep position size small and safe.
Target at 6.5 zone.
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We got a LONG signal on ETCUSD
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Previously I published a post on Ethereum Classic where the ETC was forming a bullish Butterfly and as per prediction after completion the ETC produced more than 270% big gains.
Formation of another harmonic pattern:
This time on again 2 day chart the price action of Ethereum Classic has formed a bullish Shark pattern and entered in potential reversal...
