#ETC/USDT
$ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down.
🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming...
According to the chart, in the one-hour time frame, we see the reaction on the trend line, which has caused the price to rise to the resistance ranges. I specified the resistance areas in the chart, and if the trend line breaks below $30, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ETC currently retesting the upper trend line and we can go long from the current level for short-term gains.
#LONG ETC/USDT
ENTRY: BUY AT CMP AND ADD MORE TO $38.660
TARGET : 15% - 20%
STOP LOSS: $37.617
LEV : 10X - 20X
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If you have anything to ask about this...
Just follow the Elliot Wave counts orderly and use them as your guide in following the market. Note that ending diagonal 5th wave means wave 4 went beyond the territory of wave 1 but should not go beyond wave 2 for 5 wave uptrend TP will get invalidated.
ETC is going to PUMP (my view!)
ENTRY : 37.627
TP : target_1(42.157) and traget_2(50.31)
SL : 36.39
NOTE !!
- wait for 1h confirmation candle
- after target 1 , risk free the position and aim for target 2
on hourly TF, started ranging above the major support but building out ledge below the downtrend resistance line. This might be a Accumulation before a breakout or a distribution for a pullback. If you entred the position then hold this proper stoploss
Hello friends
📉Based on the chart: Important levels are marked
.The price has reached a short-term downward trend line. We are waiting for a trend break or a price correction
.The price is moving in two short-term ascending channels at the same time
.This analysis is personal opinion
.🧲Follow me to see more analysis
.✏Analyzer: Joseph
.Date of analysis:31jul
Hello friends
.Update analysis
.Based on the analysis, we expected an upward movement, but before that we were in the perspective of price correction. The price continued to move upward without correction.
.The price target is the ceiling of the channel
.This analysis is still active
.You can view and compare the attached chart and analysis
..Follow me to see more...
We've come a long way since our first ETCUSDT chart on July 16, but we believe this Altcoin pair has more to give.
Here is the previous chart:
Ethereum Classic vs Tether (95% Target Mapped) | 16-July-2022
You can check the "RELATED IDEAS" below for more.
Thanks a lot for the continued support.
Namaste.
staying away from the weekend's bearish speeches
awaiting a possible continuation on #ETC toward $30+
R:R is good enough w/ a tight stop below current support
$ETC
Ethereum Classic is bullish on all fronts, vs Bitcoin/vs Tether.
This is the ETCUSDT pair.
First, we notice the broken downtrend.
This is followed by a consolidatin phase that leads to a bullish breakout.
This breakout is what we are waiting for.
Additional details on the chart.
Namaste.
Hello?
Welcome, traders.
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Have a good day.
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(ETCUSDT 1W Chart)
The key is whether it can be supported by rising to the 36.26-47.10 section.
If it is not supported in the 36.26-47.10 section and falls below 30.50, Stop Loss is required to...
Hey guys again today i'm going to analysis ETC/USDT pair on 4hour time frame...
1)First we can see Downtrend line is now Broken and thats good signal and this mean ETC Downtrend converted into UpwardTrend, the first HIGH - Higher Low we have now.
2)We have also Inverse H&S pattern on chart and Neckline now is broken, we can also wait for Retest Neckline and then...
