Chart pattern on monthly. I really like using higher time frames. Target-1 = $ 45 Target-2 = $ 95 Target-3 = $ 300 MACD (Daily Timeframe, Buy signal): Backdrop:
Ethereum Classic's chart analysis points to a forming Elliott Wave pattern, hinting at a bullish Wave 5 if the price exits its consolidation channel. Watch for the MACD nearing a bullish crossover—a key signal for traders. With Wave 5's target at fib 1.618 ($55) and the halving event on the horizon, we may see a significant momentum shift.
Will Ethereum classic color inside the lines? Isn’t really much more to this post than pointing out the long term pattern.
Overview: ETC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action nearing a crucial support zone. This confluence suggests a potential bullish reversal from point D, indicating favorable trading opportunities for market participants. Key Technical Observations: 1. XABCD Harmonic Pattern: The chart analysis reveals the...
Wave 5 incomming for ethereum classic to end wave 1 ? Then after abc correction (wave 2) a sick wave 3??? Forming some cup & handle then boom???
ETC: Ethereum Classic next halving(20% reduction) is forecasted to occur on or around May 31st 2024, block height 20,00,001. So far, the market structure that ETC has formed leading up to 5/31/24 does point to a potential high of 54 by then. ETC's 2 year high just so happens to be 54. BCH: Bitcoin Cash completed it's halving on 4/3/24, block height 840,000 hitting...
On the weekly this has not happened in 4 years last time ETC rallied for over 1600% will it again?
Ethereum Classic (ETCUSD) has started to rise again, so far being on the 2nd straight green 1D candle, without breaking the key 1D MA100 (green trend-line), which has been supporting since essentially the October 23 2023 break-out. As long as this holds and ETC keeps closing the 1D candles above the 1D MA100, we expect a new cyclical rally to start within the...
The Ethereum Classic (ETC) chart indicates a bullish trend with the price rebounding from the lower trendline of an ascending channel. The analysis points to an ambitious target at the channel's upper trendline, coinciding with the Fibonacci 1.618 extension level of $880.11. Despite the seemingly high target, the confluence of these technical indicators supports...
Hey guys and girls, If you're not Long, you're wrong Target 1 = $ 45 Target 2 = $ 95 Target 3 = $ 150 Appendix: Pattern: Adam and Eve RSI (weekly timeframe) = 70.95
Support= $27.21 Line of Resistance= $40.47 Target= $45.38
Ethereum Classic recovered from the daily range zone between $26.49 and $29.43, which is positive. A sustained price action above $29.43 or, even better, a daily candle closure above $31.02 will will result in a re-test of $32.91-$34.26 where the Ethereum Classic price action will be very important. A rejection of $31.02, followed by a bearish break-out of...
For now, Ethereum Classic found a support at $29.43 and is re-testing $31 resistance. A bullish break-out of $31 and a bullish candle closure above this level will result in a re-test of $32.91-$34.26 where the EthereumClassic price action will be very important. A rejection of $31 followed by a bearish break-out of $29.43 will push #ETC price lower towards...
1-(Jun 10 2023) Ethereum Classic (ETC) is not a security under existing United States laws 2-(24 Nov 2023) Golden Cross 3- (17 Jan 2024) BTC Sees Its 1st weekly Golden Cross. lets take a deeper look: Bitcoin (weekly) Conclusion: Mentally prepare yourself for bull markets (Ignore people who sell ETC now (they cannot predict what will happen!) you will...
BITFINEX:ETCUSD is not a clone of BITSTAMP:ETHUSD , but a continuation of the original Ethereum launched in 2015, which The Ethereum Foundation forked away from by launching a new protocol one year later in 2016. Applications on BITFINEX:ETCUSD have been operating uninterrupted for a year longer than on Ethereum™, making ETC the longest-running and most...
Important ranges to keep an eye on for ETC. Will this play out? What are you thoughts?
One of my favorite coins is in breakout mode! Sharing this most recent chart from TTR. We are very long #ETC And the long-term ETC chart update. I am looking for the C&H formation off $46-50 level. The main targets are: - - - First target box got hit! Beautiful thing!
This is not a financial advice! This is my opinion on where I think ETC is headed in the current bull market. What do think?