Get started

Etcusdtanalysis

ETC/USDT — Testing Golden Pocket: Rebound or Breakdown?Ethereum Classic (ETC) is currently at a critical decision zone after being rejected around the 24.46 USDT resistance. The price has now pulled back into the Fibonacci golden pocket (0.5–0.618) at 20.22–19.20 USDT, a key support zone that previously acted as a major flip level (resistance → support). This area carries heavy significance as it has served as a battleground for liquidity multiple times. The reaction here will likely determine whether ETC continues its mid-term bullish structure or slips back into a deeper bearish trend. --- 🔎 Market Structure & Pattern Mid-term structure: ETC is trading within a wide range between the historical support of 12.70 and the upper resistance near 39.93. Short-term focus: The 19.20–20.22 golden pocket is the decision point for the next move. Bullish bias holds as long as this level remains intact. Bearish risk emerges if the golden pocket fails, triggering a deeper breakdown. --- 🚀 Bullish Scenario 1. Strong rejection at the golden pocket with bullish reversal candles (engulfing / pin bar) → buyer confirmation. 2. Short-term target: 24.46 (nearest resistance). 3. Break and close above 24.46 on the 2D timeframe opens upside targets at 28.90 → 33.71 → 37.24 → 39.93. 4. Supporting signals: RSI holding above 50 + volume expansion on breakout. --- ⚠️ Bearish Scenario 1. Breakdown confirmed if the 2D candle closes below 19.20 → support failure. 2. Downside targets: 16.00 → 14.50 → 12.70 (historical low). 3. A weak bounce forming only a lower high below 24.46 would strengthen bearish continuation. 4. Confirmation: high volume on breakdown + strong bearish candles without lower wicks. --- 📝 Trader’s Notes The golden pocket zone (19.20–20.22) is the decision point for the next macro move. Aggressive traders may consider longs here with tight stops below 18.00. Conservative traders should wait for a confirmed breakout above 24.46 before entering. Risk management is crucial: aim for at least 1:2 risk-to-reward ratio. --- 📌 Key Levels Support: 19.20–20.22 Nearest resistance: 24.46 Bullish targets: 28.90 → 33.71 → 37.24 → 39.93 Bearish targets: 16.00 → 14.50 → 12.70 #ETCUSD #EthereumClassic #ETC #CryptoAnalysis #Altcoin #TechnicalAnalysis #SupportResistance #Fibonacci #PriceAction #SwingTrade
Long
by CryptoNuclear
ETCUSDT Bullish Opportunity with XABCD Harmonic PatternOverview: ETC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action nearing a crucial support zone. This confluence suggests a potential bullish reversal from point D, indicating favorable trading opportunities for market participants. Key Technical Observations: 1. XABCD Harmonic Pattern: The chart analysis reveals the emergence of an XABCD harmonic pattern, characterized by distinct price swings that conform to Fibonacci ratios. This pattern indicates a potential reversal zone, with point D signaling a probable shift in market direction. 2. Key Support Area: Price action has approached a significant support area, enhancing the likelihood of a bullish rebound. The convergence of the harmonic pattern and the support zone strengthens the validity of the anticipated bullish move. Trade Recommendations: - Entry: Consider initiating a long position near 32.8150, aligning with the anticipated bullish reversal at point D of the harmonic pattern. - Stop Loss: Implement a stop-loss order at approximately 31.1750 to mitigate potential losses in case of adverse price movements. - Take Profit Targets: 1. TP-1: Set the first take-profit level at 34.5800 to secure profits as the price advances in the bullish direction. 2. TP-2: Aim for the second take-profit level at 36.1933 to capitalize on further upward momentum. 3. TP-3: Consider a third take-profit target at 37.8760 to maximize returns as the bullish trend potentially extends. Risk Management: Maintain prudent risk management practices by adhering to the specified stop-loss level and adjusting position sizes according to individual risk tolerance. Periodically reassess the market conditions to adapt trading strategies accordingly. Conclusion: In summary, the technical analysis of ETC/USDT suggests a favorable outlook for bullish opportunities, supported by the formation of an XABCD harmonic pattern and price action nearing a critical support area. Traders are advised to consider the provided trade setup, incorporating appropriate risk management measures to optimize potential returns while safeguarding against downside risks.
BINANCE:ETCUSDLong
by MZ_FX_
2
ETC/USDT It required Bounce from the support to continue upward!💎 ETC has recently displayed significant market dynamics. Currently situated in the support area, which previously acted as resistance, ETC's movement hinges on the validity of the ongoing retesting phase. 💎 A successful bounce from this support level would signal a continuation of the upward trajectory, targeting the next milestone at the supply area of 27.80. The supply level holds critical importance, as a successful breakout would probability pave the way for a smooth movement toward our ultimate target in the robust resistance zone. 💎 However, a failure to bounce from the support area and a subsequent breakdown would confirm a false break, prompting a shift back to bearish sentiments. This reversal could initiate a downward movement towards the demand area. 💎 Bouncing from the demand area becomes imperative for ETC's journey towards the target. To sustain the upward momentum, ETC needs to break and reclaim the area above the support. Failure to achieve this would result in a continuation of the downward movement, retracing back to the formidable support area.
by MyCryptoParadise
ETC is +173% profit in the long run.Hi everyone, it's time to talk about ETC. For more than a year the asset has been in a large accumulation zone and the stopping factor for the price growth was the 200 day EMA and the descending trendline, which is one of the facets of a symmetrical triangle/descending triangle. The price recently managed to consolidate above the EMA-200 but further growth was stopped by the downtrend line. The price range is now maximally narrowed and on the background of the changed general market trend I expect a breakdown of the downtrend line and further movement to the important Fibo level of 0.236. I plan to open positions also from 0.236 Fibo level. Targets on the chart: 0.382 Fibo (+45%) 0.5 Fibo (+99%) and 0.618 Fibo (+173%). Additionally on the chart I marked the price resistance/support levels with blue lines. In the long term, we can expect an ATH update on the chart. Also, if you have extra funds, you can place buy orders around $14-$16 This is not financial advice, everything you do you do at your own risk!
Long
by TradeMyIdea
ETC/USDT will soon present a buying opportunity."Etcusdt The price of ETC/USDT might go up soon because it's forming a bullish Symmetrical pattern on the daily chart. But on the 4-hour chart, there's a bearish pattern which suggests the price might drop before going up. it's possible that the price could drop more before going up. "I am expecting a small price drop at the moment, and my preferred buying zone is the area that I've marked on the chart." Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
Long
by Crypto-By-Ghazi
ETCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Nothing has changed, still waiting for upward movement. Entry: market and lower Target: 27 - 30 - and maybe even 35(not sure) after first target reached move ur stop to breakeven Stop: ~15.8 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
5
ETCUSDT Elliott Waves Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 27 - 30 - and maybe even 35(not sure) after first target reached move ur stop to breakeven Stop: ~15.2 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
6
ETCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) we almost completed upward impulse, after correction will be continuation of growth. Entry: market and lower (entry from my last analysis was 19$) Targets: 35 - 45 - 55 MAIN TARGET ZONE: 50-60$ after first target reached move ur stop to breakeven Stop: ~13 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 7 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
8