ETC has not reached out to its full 4.236 fib extension but in 2017 bull year we can see there was a massive knockback just before the last leg in the bull run.
In 2021 we're seeing very similar things with a even bigger knockback but seeing BTC's position in this market cycle it looks like the run is still not over.
ETC...
Dear traders:
Ethereum Classic (ETC) is a newer (network) version (or a hard fork) of Ethereum (ETH) that launched in July 2016.
Save Little By Little.
Technical analysis section:
Based on breakout and DMI, seems ready to jump! Now, ETC is on my watchlist.
Bitcoin...
A previous resistance line on ETC has turned support
this is a good place to long ETC due to these conditions
A better buy would be along the green line if downward movement continues
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We have Etherum classic in a descending triangle. A breakout from this triangle could confirm a good buy to the neckline at $60 before $80.
We also have a possible double bottom pattern in play. For this pattern to work out well, I expect a fall to $30 - $36 before a long position to $60 and $80
What...
Hello traders and investors!
Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH).
if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be...
We have seen in many pairs before (xrp, btc,doge) the same formation. 7 waves before a massive increase in price.
Let’s not forget we are testing the previous All time highs.
Amazing trade right now.
Good day fellow crypto enthusiasts,
Earlier report because you guys needs some boost of confidence :)
If you thought that being a Dimond Hand is easy - lol then you don't have what it takes to hold BTC when it is 6 digits!
Repeat after me, I am a mean money making machine , i fear not what the price does, because i am green, and the trend is my friend and ...
Hello traders!
Short term trade for the current downtrend: completion of the current Minor Y (Red) which requires the completion of 3 legs down (ABC zigzag?) for the Minute Green Y.
As you can see on the chart, the fib extension 2.61 is around $2,500 per ETC. I believe this price will be the end of the Bull market.
ETC was the last to peak during the wave 3, so the big question is wether ETC will be the last coin to peak or this time the order is different?
Thank you
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Etherum classic broke out of a triangle and pump again into another triangle.😂
If you take a closer look at the chart, you will notice that price also has an inverse head and shoulder which gives a buy signal.
Therefore I expect price to break out this current triangle and pump to the neckline at...
Right here is Etherum classic in a tight zone making effort to breakout of the descending triangle.
Before the breakout, price may sell to the support trendline at $32 before pumping.
Once it breaks out the trendline, I expect a long setup to $100, $120 and more.
What do you think?
Share your opinion in the comment section✍️
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6/22 made the lows for the year, based on time cycle of low before run to 175, that has not been violated, trend likely to start swinging positive between 7/13 and 7/18, and we likely will not see these price levels again.
KRAKEN
