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Weekly forecast Ethereum Classic / Bitcoin technical chart
Symbol ETCBTC

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateJune 27, 2022 - 18:36
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.0005780, beginning of uptrend is expected.
  • We make sure when the resistance at 0.0012680 breaks.
  • If the support at 0.0005780 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.000580 on 06/13/2022, so more gains to resistance(s) 0.000916, 0.001104 and maximum to Major Resistance (0.001268) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 62.

Take Profits:

  1. 0.000916
  2. 0.001104
  3. 0.001268
  4. 0.001495
  5. 0.001650
  6. 0.001749
  7. 0.001824
  8. 0.001967
  9. 0.002094
  10. 0.002308
Click on the level to view price action history.

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