๐ Breaking Out of Range:
Ethereum Classic (ETC) is breaking out of its range dating back to October 2022.
๐ Bullish Scenario:
If bulls secure the $27.30 level, there's potential for a push into the $40, where the next resistance lies.
๐ Bearish Scenario:
If it's a bull trap, a potential downside could lead to a crash into the $18 region.
โ๏ธ Ethereum Ecosystem Movement:
Ethereum Classic's breakout signals a potential shift in the Ethereum ecosystem dynamics.
๐ Timing Consideration:
Waiting for confirmation and retesting of the region above the range rather than chasing the move.
๐ฃ Conclusion:
ETC's breakout brings the potential for a significant upward movement.
The $27.30 level is crucial for bullish continuation.
Caution advised, and waiting for a retest may provide a more strategic entry.
#ETCAnalysis #CryptoMarket #EthereumClassic
Ethereum Classic (ETC) is breaking out of its range dating back to October 2022.
๐ Bullish Scenario:
If bulls secure the $27.30 level, there's potential for a push into the $40, where the next resistance lies.
๐ Bearish Scenario:
If it's a bull trap, a potential downside could lead to a crash into the $18 region.
โ๏ธ Ethereum Ecosystem Movement:
Ethereum Classic's breakout signals a potential shift in the Ethereum ecosystem dynamics.
๐ Timing Consideration:
Waiting for confirmation and retesting of the region above the range rather than chasing the move.
๐ฃ Conclusion:
ETC's breakout brings the potential for a significant upward movement.
The $27.30 level is crucial for bullish continuation.
Caution advised, and waiting for a retest may provide a more strategic entry.
#ETCAnalysis #CryptoMarket #EthereumClassic
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์ด ์ ๋ณด์ ๊ฒ์๋ฌผ์ TradingView์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ธ์ต, ํฌ์, ๊ฑฐ๋ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ๊ณ ์ฌํญ์ ์๋ฏธํ๊ฑฐ๋ ๊ตฌ์ฑํ์ง ์์ต๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ๊ณ ํ์ธ์.