9.5K @JohncyCrypto #ETC Falling Wedge Consolidation Active🔥
Ethereum Classic is holding near the lower border of the falling wedge formation on the weekly chart🧐
✅ Momentum is building at support
✅ Price is rebounding from a key zone
✅ Pattern completion is approaching
Price targets: $13 → $18 → $25 → $40 → $53 → $78🎯
Stop-loss: $7⛔️
20
2
1.2K
31.9K @Umairorkz $ETC 📉⚠️🔻
🎯 50 SMA reclaimed, BTC pair didn't follow. That non-confirmation is the signal. $7.96 is the line.
The USDT pair closed above the 50 SMA for the first time in 60 days. That was the first real bullish signal in months, and the BTC pair had every reason to show strength alongside it. It didn't.
The March 16 pump was a short squeeze driven by broader market conditions, not genuine ETC-specific buying. That kind of move borrows momentum, it doesn't build it.
No BTC pair confirmation means the range breakdown is now the higher probability outcome. Daily close below $7.96 is the trigger. Lose that and new lower lows follow. Hold it and a tap toward range high is still possible.
BTC pair silence spoke loudest.
#BTC #ETH #ALTCOINS #TRADING #ETC #MARKETUPDATE
31.9K @Umairorkz $ETC 📊⚔️🔺
🎯 First close above 50 SMA in 60 days. Now needs BTC pair to flip 12.21 to build any real case.
The USDT pair has been consolidating for 40 days, and during that time the BTC pair has been in a clear downtrend. Yesterday the USDT pair printed its first close above the 50 SMA after two months underneath it. That's the only bullish signal on the board right now.
For that signal to mean something, the BTC pair needs to follow through. Two levels to flip in sequence:
• 12.21 first, that's the initial sign of strength
• 12.92 after, that's what opens the door to ~$11.3 on the USDT pair
Nothing more than one candle above the 50 SMA so far. Encouraging, but the BTC pair hasn't confirmed anything yet. Until it does, this is a watch, not an entry.
#BTC #ETH #ALTCOINS #TRADING #ETC #MARKETUPDATE
41
12
3.9K
178.5K @Austin_Federa wrote "(sol, 2z, usdc, etc)" in some meeting notes and got a question as to why we'd accept eth classic 🤣 \n\neth classic flipping Et cetera in our hearts and minds.
26
7
1.7K
