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Weekly forecast Ethereum Classic / Bitcoin technical chart
Symbol ETCBTC

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.0011974 to 0.0010871). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.0011974)
  • Ending of entry zone (0.0010871)

DateSeptember 14, 2021 - 11:19
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.0010871, beginning of uptrend is expected.
  • We make sure when the resistance at 0.0017495 breaks.
  • If the support at 0.0010871 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.0014950 on 09/06/2021, so more losses to support(s) 0.0011974 and minimum to Major Support (0.0010871) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 38.

Take Profits:

  1. 0.0014954
  2. 0.0016496
  3. 0.0017495
  4. 0.0018236
  5. 0.0019667
  6. 0.0020941
  7. 0.0023083
  8. 0.0025649
  9. 0.0031587
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum Classic / Bitcoin (ETCBTC) Sun, 10 Mar 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 10 Mar 2024
Ethereum Classic / Bitcoin (ETCBTC) Mon, 19 Feb 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 28 Jan 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 28 Jan 2024