ETCUST.P trade ideas
ETC Short Term ViewCOINBASE:ETCUSD BITFINEX:ETCUSD KRAKEN:ETCUSD BINANCE:ETCBNB OKX:ETCUSDT BYBIT:ETCUSDT
ETC Prediction and Price Analysis Until Price Reached its Target Zone.
At the time when i am writing ETC Classic Price is at the Buying Zone probably by this weekend the prices will remain in the Buying Zone Areas and from Next Week onwards
we might see move towards UpSide for 8-10% which are Target Zones.
Target Price $32.90-$33.50 Price could go for $34 levels if there will be High Volatility and My View is From the Target Zone and $34.00 we will see a Bearish Side in ETC Classic.
On the other hand if ETC Price Sustained the Target Zone as a Support then we might see Upside Moves however chances are less and also depends on the Markets movement in future.
Support Zone for the Target $32.026-$31.702
$30.00 Will be LOW from its current Price Below $30.00 is another sign of Berish if Prices could not sustain its current Price Levels where Buying is Happening.
Conclusion:
Currently the market structure is weak but Short Term View for the ETC Classic is for LONG until reached the Target.
Disclaimer:
The Shared information is only for informational and educational Purposes only and not to be taken for any Trade Execution, Kindly Do your on Analysis for any financial Decision.
ETC: Look for Confirmation Near Previous Resistance💎 ETC is currently exhibiting a bullish market structure and is undergoing a retest of the support zone, which was previously a resistance level. This zone may now act as support since it has been broken.
💎Analyzing past chart data reveals that there is potential for a bounce from the bullish interest zone, especially if ETCUSDT forms bullish engulfing candlesticks. Confirmation of this bounce would require seeing bullish engulfing patterns from our support zone and smaller support levels. In such a scenario, we can anticipate targets until the next resistant levels.
💎However, if ETC breaks down below our support levels without showing any bullish confirmation, it would be advisable to refrain from trading ETC in that scenario and wait for better price action to form before making any decisions.
Ethereum Classic---Short idea---$ETCETC acts as a mimic for anything related to Barry
now that there is a fear of further contagion re: Genesis, it being attached directly to Barry might fetch us this move fundamentally.
Also, technically it looks cooked just like other crypto.
I'm not in yet, but will soon be!
Good Luck!
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33.15).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 35.47
TP2= @ 38.11
TP3= @ 41.22
TP4= @ 45.72
TP5= @ 48.31
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classic
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 35.43
TP2= @ 38.07
TP3= @ 41.79
TP4= @ 45.67
TP5= @ 48.31
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
✅ Ethereum Classic Price Analysis "FW"The above chart of Ethereum Classic (ETC) laid out the falling wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Ethereum Classic (ETC) is in the range of $35.80. If the pattern continues, the price of Ethereum Classic (ETC)might reach the resistance levels of $45.60 If the trend reverses, then the price of Ethereum Classic (ETC) may fall to $33.70
✅Trade Level
Entry Point : $36.70
Target : $45.60
Stop Loss : $33.70
Happy Trading
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 45.32
TP2= @ 48.31
TP3= @ 52.13
TP4= @ 55.77
TP5= @ 60.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
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Trade well, ❤️
ForecastCity English Support Team ❤️
Ethereum Classic : Bullish CandleEthereum Classic (ETC) Price Prediction 2022
Ethereum Classic (ETC) holds the 23rd position on CoinGecko right now. ETC price prediction 2022 is explained below with a daily time frame.
The above chart of Ethereum Classic (ETC) laid out the Horizontal channel pattern, also known as sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.
Currently, Ethereum Classic (ETC) is in the range of $26.40.
>If the pattern continues, the price of ETC might reach the next measured level $49.87 ( Breakout Confirmation Still Pending)
>If the trend reverses, then the price of ETC may fall to $19.36 and & $13.50
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Ethereum Classic (ETC).
Resistance Level 1 $26.15
Resistance Level 2 $37.03
Resistance Level 3 $51.71
Support Level 1 $18.39
Support Level $12.90
ETC Resistance & Support Level
The charts show that Ethereum Classic (ETC) has performed a bullish trend over the past month. If this trend continues, ETC might run along with the bulls overtaking its resistance level at $51.71.
Accordingly, if the investors turn against the crypto, the price of Ethereum Classic (ETC) might plummet to almost $12.90, a bearish signal.
💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.87 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 73.
Take Profits:
TP1= @ 23.99
TP2= @ 25.18
TP3= @ 26.95
TP4= @ 28.23
TP5= @ 30.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️