Crypto2AF

ETC/USDT - Ethereum Classic: Resistance_Breakout_Confirmation

Crypto2AF Updated   
BINANCE:ETCUSDT   Ethereum Classic / TetherUS
◳◱ A Resistance Breakout and Confirmation has been detected on the ETC / USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 15.73 | 16.24 | 17.42, and the major support zones can be found at 14.55 | 13.88 | 12.7. Consider entering a trade at the current price zone of 18.96 and targeting higher levels.

◰◲ General info:
▣ Name: Ethereum Classic
▣ Rank: 30
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum Classic is a decentralized computing platform designed to execute smart contracts, which are applications that run as programmed without the possibility of censorship or third-party interference. It is a distributed network consisting of a blockchain ledger, a native cryptocurrency (called ETC), and an ecosystem of on-chain applications and services. Ethereum Classic is the legacy chain that split from Ethereum following a contentious hard fork, known as The DAO fork, in Jul. 2017. Like its sister chain, Ethereum Classic features an execution engine optimized for smart contract processing (known as the Ethereum Virtual Machine or EVM) and a Proof of Work (PoW) consensus system. While it shares some aspects with Ethereum, Ethereum Classic offers a more defined monetary policy and inflation schedule.

◰◲ Technical Metrics:
▣ Mrkt Price: 18.96 ₮
▣ 24HVol: 41,062,576.734 ₮
▣ 24H Chng: 11.007%
▣ 7-Days Chng: 23.16%
▣ 1-Month Chng: 6.54%
▣ 3-Months Chng: -7.22%

◲◰ Pivot Points - Levels:
◥ Resistance: 15.73 | 16.24 | 17.42
◢ Support: 14.55 | 13.88 | 12.7

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -1.28
▣ Last 90D: -1.19
▣ Last 1-Y: 0.60
▣ Last 3-Y: 0.89
◲◰ Volatility:
▣ Last 30D: 0.58
▣ Last 90D: 0.47
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.21

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.67 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish

▣ In-depth ETCUSDT technical analysis on Tradingview TA page


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Trade active:
Binance, ByBit Spot, Huobi.pro, KuCoin
#ETC/USDT Take-Profit target 1 ✅
Profit: 3.0063% 📈
Period: 15 Hours 12 Minutes ⏰
Trade active:
Binance, Bittrex, ByBit Spot, Huobi.pro, KuCoin
#ETC/USDT Take-Profit target 2 ✅
Profit: 5.0084% 📈
Period: 5 Days 20 Hours 10 Minutes ⏰
Comment:
Binance, Bittrex, ByBit Spot, Huobi.pro, KuCoin
#ETC/USDT Take-Profit target 4 ✅
Profit: 7.0148% 📈
Period: 6 Days 5 Hours 43 Minutes ⏰
Trade closed: target reached:
Binance, Bittrex, ByBit Spot, Huobi.pro, KuCoin
#ETC/USDT All take-profit targets achieved 😎
Profit: 10.6076% 📈
Period: 6 Days 15 Hours 19 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.