The previous high matches the current high, if it is correct you can go down to $7
The yellow line in 4 hours will be bearish if broken
But it is not clear yet
Good luck
I think the $23.43-$25.00 range will stop the price going higher.
Of course, I have stated the range of further support below.
Support range 1: 11.47 - 10.75
Support range 2: 8.10 - 7.56
We are likely to have a temporary stop in the range of 13.99 - 12.67.
This is just an opinion and not a buy or sell signal.
Trading volumes show no interest in price growth.
Volatility has declined.
Price has entered the bearish zone RSI (1H TF).
I expect that ETC will continue to decline after fixing under the support level.
With the pennant formation, she can complete the bowl and then go to the target point.
Insights shown here are for follow-up purposes only.
Not Acceptable as ANY Investment Advice
Entry 37.800
Leverage 20x >
Most projects are about to go green on the daily volume and 24% change, but I choose ETC because it is primed properly.
Respected previous channels and trendlines on the weekend.
Proper distribution and few bear and bull traps.
Expect huge pumps in the coming days.
ETCUSDT now going to breaks trend line at weekly candle in the price of 38,once above closed then we expect 60-70 in short time, also its once comes retracement then its good buying opportunity to average this coin
ETC double bounce, bullish sign,
however, it's not the strongest of signs.
If things take off, most likely it will follow the dotted line scenario.
Longer chart with a full break out linked below - on that one it isn't fully ready yet
This is a slightly alternative view from the my previous on ETC's bullish double bounce.
In this one I want to focus on people who think they've missed the chance.
This depicts a text inverse head and shoulders (bullish) pattern. If this plays out as I have drawn, then the only time left to buy would be around $19.
For those waiting for an additional bearish...
ETC / USD
Multiple attempts to break the major resistance on high time frames
The yellow area marked in my chart is very important for watching to see how the price action will play out
-If bulls cleared the resistance with weekly candle close above trendline this will be a sign of strong bullish wave coming in next days/weeks
-If a weekly candle closed with...
ETC has a nice and neat upward trendline, and the price is touching the trendline again. We have some weak signs for continuing the growth, and it's more likely that the price will cross the line.
There is a lower high, where we had a powerful rising candle that didn't continue. These signs show us weakness.
Going long on ETC on a 4x leverage. hopefully we hit target. Like and follow for daily analysis. Btc determines the trend of the market. Do your own research.
Last week i talk about the sell ETCUSDT had, which it is done with and i said it was a pullback, even it was. We still got a good trade with the pullback. It is now done with the sell pullback and we are expecting a bullish run. Overall, we are in a bearish channel or a flag and am anticipating a beak out follow by bullish move. So what do think guys?
#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...
TD Sequential formed a reversal signal upwards (4H TF)
ETC tests the downtrend line on RSI (1H TF)
Price and RSI have formed a bullish divergence (30m TF)
I expect that the asset will try to break the downward channel and after fixing above the resistance level will continue the upward movement.
