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Weekly forecast Ethereum Classic technical chart
Symbol ETCUSD

Trading suggestion:

Price is in the Trend Hunter Buy Zone (59.8500 to 52.8500).

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

  • Beginning of entry zone (59.8500)
  • Ending of entry zone (52.8500)

DateSeptember 12, 2021 - 16:46
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 37.65, beginning of uptrend is expected.
  • We make sure when the resistance at 80.55 breaks.
  • If the support at 37.65 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 77.3500 on 09/06/2021, so more losses to support(s) 52.8500, 47.4500 and minimum to Major Support (37.6500) 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 44.

Take Profits:

  1. 71.0000
  2. 80.5500
  3. 92.0000
  4. 108.8000
  5. 125.6000
  6. 179.6000
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum Classic (ETCUSD) new Sun, 17 Mar 2024
Ethereum Classic (ETCUSD) Sun, 10 Mar 2024
Ethereum Classic (ETCUSD) Sun, 3 Mar 2024
Ethereum Classic (ETCUSD) Sat, 24 Feb 2024
Ethereum Classic (ETCUSD) free Mon, 19 Feb 2024