ETCUSDTETC is great shape to do a correction and gets back to the fib retracement as the brush plotted obviously after that we can expect a nice jump for this little damaged alt-coin due to its recent cyber attacks and watching its gaining power
ETCUSDT
ETCUSDTETCUSDT
Buying in the area of 6.9 - 5.64
1 - 8.38
2 - 9.63
3 - 10.84
4 - 12.6
Stop, fixing below 5
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ETC/USD - Major breakout! $20 in playETC has broken ABOVE a major resistance since 2018!!!
Next targets at $10, $13 and $20. This is an excellent long term long. A retest of this resistance turned support was also validated on the daily chart!
Great risk/reward play here, and now is the time to enter if you consider this. Revisit this chart in 1 - 2 months. ;)
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ETCUSD (Waiting for the resistance zone break out in a day char)#ETCUSDT(Weekly chart) Technical Analysis Update
Waiting for the resistance zone break out in a day chart
ETC/USDT currently trading at $7.66
Long Entry: Above $8.00
STOP LOSS: I will update once I see the breakout
Resistance level 1 (Target 1):$9.84
Resistance level 1 (Target 2): $12.90
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Weekly Bullish Watchlist 2Potential continuation patterns:
Ethereum Classic,
ARPA Chain,
DASH,
TRON.
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and are therefore are unqualified to give investment recommendations.
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ETC 1D There is interest in the coin, but for how long?From September to mid-November - 2.5 months, the accumulation of Classic continued.
As a result , a powerful shot upwards by +60% at decent volumes.
However, the previous high could not be updated, although the global target, where sellers should drive the price, is in the range of $9.70-10.
Now a few scenarios for the coming days-weeks:
1) ETS fixes above $6.40 - the result is: continued growth to the zone $7.40-7.80 , where sellers should become more active.
- if sellers cannot protect the last bastion $7.40-7.80 from the invasion of buyers, then the price will be broken up to the zone of $9.70-10.
2) the most pessimistic forecast is that if buyers do not have enough strength even to fix above $6.40, then the price may fall like a stone downward. The level $3.50 is waiting.
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ETHUSDT - Weekley analysis ETHUSDT is printing a descending triangle pattern on a weekly timeframe.
Price is testing the pattern inclined resistance.
We could see a breakout above the inclined resistance ⬆️ or a rejection of the inclined resistance ⬇️.
