Get started

ETCUSDT

#ETCUSDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone (in green) was found at 7.90, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 8.15 First Target: 8.23 Second Target: 8.34 Third Target: 8.48 Stop Loss: At the resistance zone (in green) Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.
Long
by CryptoAnalystSignal
ETCUSDT Bear Flag: Breakdown Continuation or Fakeout Reversal?On the 1D timeframe, ETC/USDT remains in a clear downtrend after rejection from the upper zone (around $16–17). Following a sharp decline, price is now forming a narrow ascending channel, indicating a potential Bear Flag pattern. This structure suggests that the current upward movement is likely just a temporary retracement before a possible continuation of the downtrend. --- 📊 Pattern Explanation: Bear Flag A Bear Flag consists of two main components: Flagpole: A strong downward move from around $13–$10 down to the $8 area → showing strong selling pressure. Flag: A rising consolidation channel (yellow zone) → a weak counter-trend movement. Key characteristics visible on the chart: Small upward channel against the main trend Decreasing volume during consolidation Repeated rejection at the resistance zone (upper yellow area) 👉 This strengthens the validity of a bearish continuation pattern. --- 📍 Key Levels Strong Resistance: $9.4 – $9.8 (upper yellow zone) Minor Support: $7.98 Major Support: $7.15 (previous low) --- 🚀 Bullish Scenario Bullish momentum is only valid if the Bear Flag gets invalidated: Strong breakout above $9.8 Candle close above resistance + successful retest Significant increase in volume Bullish Targets: $10.5 – $11.5 Extension toward $12 if momentum continues 👉 This indicates buyers are shifting the structure from bearish to neutral/bullish. --- 📉 Bearish Scenario (Primary Scenario) The main scenario based on the pattern: Breakdown from the channel (lower red trendline) Close below $7.98 Confirmation via a failed retest Bearish Targets: $7.15 (major support) If breakdown continues: $6.5 – $6.0 👉 This represents a continuation of the previous downtrend. --- ⚠️ Important Notes As long as price remains inside the channel → consolidation / waiting phase Fake breakouts are possible in both directions Volume is the key factor for confirming the next move --- 🏁 Conclusion The current structure strongly resembles a Bear Flag continuation pattern, with a higher probability of a bearish move unless price breaks above the key resistance. However, an upside breakout must still be considered as a potential invalidation scenario that could trigger a strong rally. #ETC #ETCUSDT #CryptoAnalysis #BearFlag #TechnicalAnalysis #CryptoTrading #Altcoins #SupportResistance #Breakdown #BullishScenario #BearishScenario
Short
by CryptoNuclear
ETC/USDT 1D Chart Review📉 TREND (HTF – 1D) Strong downtrend (series of lower highs + lower lows) Price remains below the MA (red line) → downtrend remains in effect The downtrend line was recently broken, but without momentum 👉 Conclusion: The trend is still bearish, but consolidation/possible accumulation is emerging 📦 CURRENT STRUCTURE Price is in a range: Support: ~7.3 Mid range: ~8.0–8.3 Resistance: ~9.0 So, a classic: ➡️ sideways after declines (range/base building) 🔍 KEY LEVELS 🟢 Resistance: 9.0 – local range high (important!) 11.7–12 – large HTF resistance 14.4 – mega resistance (trend change only here) 🔴 Support: 7.3 – current strong support 4.6 – next zone if 7.3 breaks 📊 RSI + MACD RSI: rising slightly → slight bullish strength MACD: almost a bullish cross → momentum improving 👉 But this is only a local bounce, not a trend change 🔥 SCENARIOS 🟢 Bullish: breakout of 9.0 + retest target: 10.5–11.7 then 14+ 👉 This would be the first real signal of a change in structure 🔴 Bearish: recoil from 9.0 decline and break of 7.3 👉 Then: quick move to 6 → 4.6 🧠 WHAT IS REALLY HAPPENS HERE It looks like: ➡️ distribution / Consolidation after a dump Big players: either accumulate (if 9 breaks) or prepare for another run (if 7.3 falls) ⚔️ HOW TO PLAY IT (pro style) Long: only after 9.0 breaks not in the middle of the range (8.x = chop) Short: rejection 9.0 or break 7.3 🧾 SUMMARY Trend: bearish Structure: range Key: 7.3 vs 9.0 Now: neutral / waiting for a break
by cryptodailyuk
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone (in green) was found at 8.36, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 8.36 First Target: 8.43 Second Target: 8.54 Third Target: 8.68 Stop Loss: At the resistance zone (in green) Remember this simple rule: Money Management. Any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 7.90, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 8.13 Target 1: 8.29 Target 2: 8.48 Target 3: 8.70 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT The price is moving within an ascending channel #ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 8.30, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 8.38 First Target: 8.53 Second Target: 8.70 Third Target: 8.90 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards breaking it. A retest of this boundary is expected. The Relative Strength Index (RSI) is showing a downward trend, moving in a downtrend and likely to continue due to overbought conditions. There is a key resistance zone in green at 8.00. The price has bounced off this zone several times, making it a strong support level. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 8.38 First Target: 8.58 Second Target: 8.83 Third Target: 9.13 Stop Loss: At the resistance zone in green. Remember this simple thing: Money Management. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
2
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected. The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated. There is a key support zone in green at 8.41, and the price has bounced from this level several times. Another bounce is expected. The indicator is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move. Entry Price: 8.70 First Target: 8.95 Second Target: 9.20 Third Target: 9.50 Stop Loss: Below the green support zone. Remember this simple thing: Money management. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
Ethereum Classic is in perfect positioning now for a rising waveEthereum Classic's first move hits perfectly the 0.148 Fibonacci extension level, that's today. This level reads $9.80 and today's high volume move peaks at $9.79. This confirms to us that these levels can be trusted to work as resistance as the market grows. Ethereum Classic produced the full reversal sequence and bottom formation, with a rounded bottom pattern. It is already complete, over and confirmed based on today's candle. The full formation is in and this confirms also the bullish extension, rise and continuation. The first major resistance then becomes $18.7 but we shouldn't expect this to be the end. We can also expect some volatility, even bearish action, a small correction or retrace at resistance but in this case aim for higher prices mid- to long-term. It is very slow now but we have to start somewhere. It can take days, weeks and months for the bottom to settle but the first target can be hit within days. The rest can take longer but the entire bullish move, the first leg can be accomplished within 3 weeks, less than a month. It is the way it happens if the market is set to experience strong growth. There just isn't any time for things to linger around idle. It needs to move forward with force and it does. The bearish move does the same. it takes months of neutral, doubtful, sideways followed by the crash which is an extended move, an impulse. Here there is no consolidation at bottom prices? There is, the market and charts can be tricky. The consolidation is present between October and February but the drawing is hard to reveal it. But it is there. The low February is a higher low compared to October which means long-term consolidation with a double-bottom preceding the upcoming bullish phase. We have our four months plus of no new lows and the action now can turn full green. The market can grow 200-400% within 3 months just as it can be 1,000% or more. Too early to say with full certainty but the pairs that moved ahead produced new all-time highs and went really wild. Those that are yet to produce a new all-time high recovered all losses back to December 2024 and some beyond. Giving us a clue as to what we can expect. Ethereum Classic—ETCUSDT—is in perfect positioning now for a rising wave. This is a friendly reminder. Thank you for reading. Namaste.
Long
by MasterAnanda
1
ETCUSDT at Macro Demand — Major Reversal or Final Breakdown?On the 1W (Weekly) timeframe, the price movement of ETC/USDT is still trading within a macro downtrend structure since the 2021 bull cycle peak. After failing to hold the distribution range around $30–$40, price continued forming: Lower Highs Lower Lows Currently, price has declined back into a major historical demand zone, which previously acted as the accumulation base before the large impulsive rally. The marked zone (yellow block) is located at: $5.8 – $4.7 This is a critical long-term area. --- Structure & Pattern Formation 1. Macro Descending Structure Since 2021, price has formed a consistent bearish structure: LH → LL → LH → LL Indicates sellers remain dominant on the macro scale. --- 2. Weekly Compression into Demand The latest decline shows an impulsive selloff into demand. Characteristics: Large bearish candles Minimal retracement Signals panic selling / capitulation phase This phase often occurs near accumulation zones. --- 3. Historical Demand Zone Retest The yellow block represents: The base before the 2021 rally Smart money accumulation area A macro support that has not been cleanly broken A retest of an old demand zone often triggers strong reactions. --- Key Levels Major Support $5.8 – $4.7 → Major Demand / Accumulation $3.0 → Extreme historical support Key Resistance $10 – $12 → Minor supply / breakdown level $18 – $22 → Mid resistance $30+ → Macro distribution zone --- Bullish Scenario Bullish continuation becomes valid if the demand zone holds. Confirmation triggers: 1. Strong rejection from $5.8 – $4.7 2. Bullish engulfing / weekly hammer forms 3. Minor structure break above $10 Upside targets: TP1 → $10 – $12 TP2 → $18 – $22 TP3 → $28 – $30 Macro target → $38+ From a risk-reward perspective, this demand zone is attractive for swing or position trades if reversal confirmation appears. --- Bearish Scenario Bearish continuation occurs if demand fails to hold. Breakdown confirmations: 1. Weekly close below $4.7 2. Failed retest (support turns resistance) 3. Increasing sell volume Downside potential: $3.5 interim reaction zone $3.0 next historical support Possible deeper wicks if the broader crypto market weakens A macro demand breakdown would signal continued markdown phase. --- Conclusion Ethereum Classic is currently at a cycle decision point. The $5.8 – $4.7 zone represents: Historical demand Prior accumulation base Last macro support before extreme lows Price reaction here will determine the next major direction: Hold → Multi-month reversal potential Break → Continued macro bearish trend The market is sitting in a key “decision zone”. #ETC #ETCUSDT #EthereumClassic #CryptoAnalysis #TechnicalAnalysis #Altcoin #CryptoTrading #SupportResistance #SupplyDemand #SmartMoney #MarketStructure #Altcoins #CryptoMarket #SwingTrading
Long
by CryptoNuclear
Ethereum Classic will start a new bull market in Q1 2026—Now!Ethereum Classic has been in a long downtrend, years of bearish action. December 2024 was a double-top compared to March 2024. Lower and lower. March 2024 was a lower high compared to August 2022. The August 2022 peak price was part of a descending trend that started with the 2021 bull market all-time high. So the sequence goes like this: May 2021 through February 2026, sustained long-term bearish action. February 2026 produced the lowest price since January 2021, in more than five years. And this completes the cycle. Ethereum Classic's weekly RSI just hit the lowest reading ever, it entered oversold territory. The lowest reading in more than 7 years. A reversal tends to happen around these levels and we have some early signals based on the double-bottom (higher low/lower low) that happened between October 2025 and February 2026. I mention three distinct events because it is different depending on the exchange we use. On some exchanges, ETCUSDT produced a double-bottom, others a higher low as shown here while still others produced a lower low. That is, October 2025 vs February 2026. In all cases, the chart shows an overextended bearish move. We will have a change of trend. There will be strong growth now, Q1 2026 and this growth period will work as the base to support any future bearish action. The market is oversold and overextended on the bearish side so fully ready for a rising trend. Buyers have been taking advantage of this situation buying like never before. There is always a correction after a bullish period and this time around this correction will end in a higher low thus supporting a new uptrend. This uptrend starts in 2026, contrary to what most people believe. Think of this; the reason why people expect a brutal bear market in 2026 is not just because, but because a crazy bull market precedes it. A crazy bull market in 2025 is easily followed by a brutal bear market in 2026. It is easy to predict a major bearish cycle at the end of a strong bullish cycle. Ethereum Classic did not produce such "awesome" or "amazing" bullish cycle in 2025. So there is no need for a brutal bear market in 2026, even though market conditions are already extremely bearish. Ethereum Classic produced zero growth in 2025. There is nothing to correct. No correction is needed yet the market continued lower, but lower it can go no more. The bearish trend lost all of its momentum more than four months ago. It is already old. It is already over, we are going up. Ethereum Classic is preparing to produce a strong reversal followed by sustained growth. Years of bullish action. Namaste.
Long
by MasterAnanda
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected. The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected. There is a key support zone in green at 10.17. The price has bounced from this zone several times and is expected to bounce again. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 10.26 Target 1: 10.39 Target 2: 10.57 Target 3: 10.80 Stop Loss: Above the green support zone. Don't forget one simple thing: Money Management. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected. The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected. A key support zone, highlighted in green, is at 0.1000. The price has bounced from this zone several times and is expected to bounce again. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 11.67 Target 1: 11.83 Target 2: 11.97 Target 3: 12.15 Stop Loss: Above the green support zone. Remember this simple thing: Money management. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
Is #ETC About to Collapse or Explode? One Side Will Get Wrecked Yello Paradisers! Are you watching #ETC closely enough? While the crowd has been ignoring it due to the boring chop, a textbook falling wedge just completed, and the market might be about to catch them completely off guard. 💎For several weeks, #ETCUSDT has been trading within a clear falling wedge pattern. The price has now reached a critical point, hovering just above a strong demand zone between $12.00 and $12.50, where previous accumulation took place. 💎At the same time, MACD is flashing a strong bullish divergence, while price action continued making lower lows, momentum has been climbing quietly behind the scenes. Just recently, we saw a bullish crossover on MACD, reinforcing that momentum is shifting. This is exactly the type of setup we love: structure + demand + momentum convergence. 💎If this wedge breaks to the upside with conviction, we’ll be targeting $14.00 as minor resistance for #EthereumClassic. It will be followed by a potential move toward the $16.06 zone, which marks moderate resistance. Should the bulls sustain pressure above that, the next big magnet will be the strong resistance at $21.56, where sellers are likely to show up in force. 💎However, if #ETCUSD breaks below the support zone at $12.00, and especially if it closes under $9.17, the bullish thesis will be invalidated. That would open the door for a deeper move, as demand dries up and panic sellers take control. Trade smart, Paradisers. This setup will reward only the disciplined. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
#ETC/USDT The price is moving within an ascending channel #ETC The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected. The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated. There is a key support zone in green at 12.42. The price has bounced from this level several times and is expected to bounce again. The indicator is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move. Entry Price: 12.54 First Target: 12.63 Second Target: 12.77 Third Target: 12.92 Stop Loss: Below the green support zone. Don't forget one simple thing: Money Management. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT The price is moving within an ascending channel #ETC The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 11.92. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 11.95 First target: 12.25 Second target: 12.48 Third target: 12.79 Don't forget a simple principle: money management. Place your stop-loss below the green support zone. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
ETC Secondary Trend 4.9 Year Triangle (like XRP) 10/2025Logarithm. Time frame: 1 week. Declines from the high in the secondary trend, as before -92%. Formation of the #accumulation zone. Price is being squeezed into a corner. 🔵 Main trend — ascending, rising channel, since the inception of cryptocurrency. 🟡 Secondary trend — downward, transition to a sideways trend - #accumulation, and formation of a 4.9-year symmetrical triangle. 🟣 Local trend — downward, squeezed into the corner of a large triangle and "tension" consolidation before an exit. Main Trend Control your risks and stick to your trading plan. Don't get caught up in market and news noise, which shapes dominant opinions and the illogical actions of the majority, which are doomed to lose in the future. Everything will be as it usually is with assets (stocks, cryptocurrencies, less often, are just a few examples of how these are not real assets, but imitations of usefulness, that is, a complete scam market), which have been around for a long time. For a while (from the very beginning), the upward primary trend is maintained, and huge, multi-year patterns are formed near dynamic support. That is, an upward breakout , perhaps initially throwing passengers under the market , or some fictitious cryptocurrency events before a price rise (on a large time frame). Don't be alarmed, but ignore them, or use this opportunity to reduce the average price of the overall position. Or rather, before a dominant trend change, the "point of no return." A striking example of this is XRP with its huge triangle and its exit (the first wave +600%, which is a capitulation on profits, or, in slang, a "hamster pump"). Then 2-3 waves of price pumps, where at each consolidation in the trend they will "bury" and cry "all is lost." In the last wave, possibly with spikes as before, a full-fledged #distribution zone will form. XRP/USD Main trend 07 2022
Long
by SpartaBTC
13
ETC Main Trend. Ascending Channel (all time) 10 2025Time frame: 1 week. Logarithm. 🔵Main trend: ascending, rising channel, since the inception of cryptocurrency. 🟡Secondary trend: descending, transitioning to a sideways trend (#accumulation), and forming a 4.9-year symmetrical triangle. 🟣Local trend: descending, trapped in the corner of a large triangle and “tension” consolidation before exiting. Manage your risks and stick to your trading plan, don't get caught up in market and news noise, which creates dominant opinions and illogical actions by the majority, who are doomed to lose in the future. Everything will be as it usually is with assets (stocks, less so cryptocurrencies. These are just a few examples of how these aren't real assets, but imitations of usefulness, i.e., a complete scam market). These assets have maintained an upward primary trend for a long time (from the very beginning), and huge, multi-year patterns form near dynamic support. That is, an upward breakout may initially throw passengers under the market , or some fictitious cryptocurrency events before a price rise (on a large time frame) don't be alarmed; ignore them, or use this opportunity to reduce the average price of the overall position. Or rather, before a dominant trend change, the "point of no return." A striking example of this is XRP with its huge triangle and its exit (the first wave +600%, which is a capitulation on profits, or, in slang, a "hamster pump"). Then there will be 2-3 waves of price growth pumps, with each consolidation in the trend being "buried" and the cry "all is lost." In the final wave, possibly with spikes as before, a full-fledged #distribution zone will form. XRP/USD Main Trend 07 2022 The market is simple at its core, but complex due to the interactions between people and their capital. The combination of simplicity and complexity creates many variations that you can exploit to profit from it. Your success and understanding of this determines your profit or loss in speculative markets. You can complicate things without understanding their simplicity, which looks ridiculous from the outside. Playing smart. Or, conversely, simplifying complex, often false, concepts so that everything becomes clear and understandable. Simplicity is the essence of complexity. In any activity, you should not pursue complexity to achieve the desired result, but rather simplification and optimization, so that you can achieve the same or better results with less effort and risk. The entire secondary trend and this triangle with a local denouement zone in it. Your trading plan and risk management eliminate all worries, indecision, emotional outbursts, predictions, and other people's right and wrong opinions.
BITFINEX:ETCUSDLong
by SpartaBTC
10
#ETC/USDT The price is moving within an ascending channel#ETC The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 13.86. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 13.86 First target: 13.93 Second target: 14.16 Third target: 14.43 Don't forget a simple principle: money management. Place your stop-loss below the support zone in green. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
Ethereum Classic ETC price analysis#ETC continues to respect a well-defined multi-year support range at $11–17, which has historically served as a base for upward expansions. Key resistance levels to watch: • $32 • $75 • $180 The current market capitalization of $2.15B suggests that even a 2x–5x-10x appreciation would be noticeable for chart analysts, but insufficient to shift broader market dynamics. Nevertheless, #ETC remains relevant for traders monitoring undervalued legacy assets with long accumulation phases. Question: Do you consider OKX:ETCUSDT a viable mid-cycle opportunity, or is its structural momentum too weak for strong upside continuation? ______________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves 🧠 DYOR | This is not financial advice, just thinking out loud
by P_S_trade
7
#ETC/USDT #ETC The price is moving within an ascending channel #ETC The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at the 15.50 price, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 16.00 First target: 16.20 Second target: 16.63 Third target: 17.00 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ETC/USDT Might Be Good Zone to Bounce From#ETC The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 15.50, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 15.85 First target: 16.08 Second target: 16.32 Third target: 16.68 Don't forget a simple money management rule: Place your stop-loss order below the support zone in green. Once the first target is reached, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal