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ETCUSDT

✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them. In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place. The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead. In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead. " What one does, the rest follows... " For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well. $25-$27 is the EMA300 target but there can be more. My main target from the current price is set now at $35 for a nice 65%. Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs. See the previous charts for more and 'Related Ideas; below. Namaste. Previous charts: ✴️ FetchAI | 8-Dec-2022 ✴️ Ethereum Classic | 20-Dec-2022
Long
by MasterAnanda
1
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months. However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern In the current impulse growth momentum, the ETC price can reach $19.5 If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
ETC had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance. Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
by MonoCoinSignal
1
✴️ Ethereum Classic Leads The Altcoins, July 2022 Repeat, 195% PThe last time Ethereum Classic moved above EMA50 was back in July 2022 and this lead to more than 155% growth. We have the same situation now which we have been expecting and this time around we can have similar results. We are trading within a higher low which tells us of a potential higher high. The main target is set at 134% but if we get a higher high we are looking at a potential 195%+ from the current price. If we get such huge growth... This might confirm bitcoin's low. The bottom might be already in for bitcoin and this would mean that what we are seeing develop now is not only a relief rally but the start of the next bull market... Stay tuned for more. Namaste.
Long
by MasterAnanda
Double bottom patternETC has gained more than 20% in price in the past day. Ethereum Classic, which had formed a double-bottom pattern above the $15 support area, confirmed the pattern with support from buyers after breaking through the $17 area resistance and continued to rally near $20. With this buying pressure, the price has left the medium-term downward channel, and if the price enters the corrective wave, we can expect a pullback to the ceiling of the broken channel in the range of $17. However, note that a strong upward trend in the 4-hour timeframe can have a shallow correction. Therefore, the first support level is considered to be in the $18 range, and if we see signs of support, we will expect the price to grow.
by MonoCoinSignal
28
✴️ Ethereum Classic Moves Past EMA50Ethereum Classic (ETCUSDT) managed to move above EMA50 to the upside. This is the first time this happens since July 2022. Now, can it stay above EMA50? We have the long-term higher low and basically the exact same conditions as we did last year. The prognostications look good. We can't say if it will or will not stay above this level. The technicals are bullish and we can expect additional growth but here is how really things work... If ETCUSDT moves back below EMA50, the mid-term bullish bias is lost. Staying above this level and the bulls remain in control. We got the breakout... It is for the market to decide how things will turn. We should see growth for 1-2 months... Hopefully! Namaste.
Long
by MasterAnanda
1
ETC/USDT Secondary trend. Channel. Accumulation and distributionSecondary trend. Timeframe 3 days. Which formed a downward reset channel with a significant 108% move after a huge +2000% to 3000% pump. This is what happens when a coin is "forgotten about by all," not advertised in the news, and accumulated for such a long 2.2 years. The real ether. The “green” parent of the expensive “black” ethereum. Coinmarket Coin: Ethereum Classic At the moment the price is approaching the uptrend of the main trend (long-term). Dynamic support (green) of the large channel. The medium-term reversal zones of the secondary trend are shown on the chart and circled in yellow, on which (breakthrough / not breakthrough) depends on the further development of the trend. The graph shows the accumulation and distribution zones. Zones of smart and stupid. Position resets. "Waves of interest" with price retention is expensive 1—distribution zone. Formation of a 6.5-month triangle). -61% from the reversal level of the triangle breakout. 2—zone after the triangle breakout. Formation of the descending channel. The whole drop is 10.8 months (327 days). The price is now at the “Hamster Pump” peak zone (buying back liquidity “expensive” from those who didn't want to sell cheap) $17.22 - $20 before a huge pumping +2244% of the average set price. Accumulation in the horizontal channel, 2.2 years. The channel is 100% $3.78 to $7.35. Average liquidity set price of $6. Maxima—$13.18 (redemption of coin volume “expensive” for subsequent failure under market dump). Minimums—$3.1 (market dump 13 03 2020). Expensive and cheap ether. Mining. Ethereum is moving to version 2.0. There will be a transition from proof-of-work to proof-of-ownership, and mining on video cards will cease to be profitable. This will happen in the second half of 2022, perhaps even this summer. This very unpopular and painful decision (inevitable) has been dragging on for 3 years now. It is very likely that this year will be the end of this problem. It's not hard to guess which cryptocurrency the miners who mine ETH now will most likely switch to. Consequently, it can very positively influence ETC price. For those who don't know, let me remind you. ETC is the true ether. ETH is a fork. Forced fork, to get back stolen ETCs during attack on DAO (just to roll back transactions of “hackers” wallets). That's how 2 Ethers came into existence. ETC (limited quantity of coins) and ETH (unlimited quantity of coins). Of course, they began to promote and develop centralized fork, that is ETH. The whole story about birth of ETH with ETC and the story (real imitation) with hackers attack on DAO and stealing of ETC coins was made just for “birth” of more centralized crypto-mint for testing technology, especially smart contracts on it. Under the idea fixed my previous trading ideas for this coin, including closed (pre-pump recruitment zone).
by SpartaBTC
19