๐ #ETCUSDT Analysis โ Holding Final Line of Defense Mid-term
๐ Published: April 25, 2025
๐ฐ Timeframe: 1W | ๐ Exchange: Binance
๐ Technical Overview
Ethereum Classic is sitting right above its multi-year horizontal support zone ($12.5โ$14.5), a level that previously triggered major rebounds in mid-2022 and late 2023.
This is the third major test of this zone. So far, the structure is holdingโbut this is the last stronghold before a full breakdown risk.
๐ Support Zone: $12.47โ$14.5 (blue band)
๐ Short-Term Sub-Resistance: $17.54
๐ Structure: Range-bound since mid-2022
๐ป Panic Level (Invalidation Zone)
๐ Weekly Close Below $12.47 = Confirmed Breakdown
This would likely trigger a dump move, exposing ETC to deeper lows unseen since 2020.
๐ฅ High risk of long liquidation cascade below this support.
๐ฏ Upside Targets (If Rebound Holds):
TP1: $17.54 โ sub-resistance zone
TP2: $22.86 โ local range high
TP3: $24.72 โ next breakout level
TP4: $38.06 โ macro mid-cycle top
TP5: $49.53โ52.46 โ full extension zone
๐ฉ If this weekly support holds, ETC could offer a +100% to +200% upside in wave-based structure recovery.
๐ง Strategy Insight
ETC remains a range-bound asset unless we get weekly confirmation above $24.
However, this support zone offers a risk-defined opportunity for long exposure โ but only if BTC remains constructive.
๐ก Low leverage and DCA approach advised in this region. Breakdown = hard cut.
๐ฃ Whatโs Next?
Watch this weekly candle closely. As long as we close above $14โ15, the bounce setup remains valid. Reclaim of $17.54 would confirm early trend reversal.
๐ข This is the "make or break" zone. Either the base holds... or the floor drops out.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
๐ Published: April 25, 2025
๐ฐ Timeframe: 1W | ๐ Exchange: Binance
๐ Technical Overview
Ethereum Classic is sitting right above its multi-year horizontal support zone ($12.5โ$14.5), a level that previously triggered major rebounds in mid-2022 and late 2023.
This is the third major test of this zone. So far, the structure is holdingโbut this is the last stronghold before a full breakdown risk.
๐ Support Zone: $12.47โ$14.5 (blue band)
๐ Short-Term Sub-Resistance: $17.54
๐ Structure: Range-bound since mid-2022
๐ป Panic Level (Invalidation Zone)
๐ Weekly Close Below $12.47 = Confirmed Breakdown
This would likely trigger a dump move, exposing ETC to deeper lows unseen since 2020.
๐ฅ High risk of long liquidation cascade below this support.
๐ฏ Upside Targets (If Rebound Holds):
TP1: $17.54 โ sub-resistance zone
TP2: $22.86 โ local range high
TP3: $24.72 โ next breakout level
TP4: $38.06 โ macro mid-cycle top
TP5: $49.53โ52.46 โ full extension zone
๐ฉ If this weekly support holds, ETC could offer a +100% to +200% upside in wave-based structure recovery.
๐ง Strategy Insight
ETC remains a range-bound asset unless we get weekly confirmation above $24.
However, this support zone offers a risk-defined opportunity for long exposure โ but only if BTC remains constructive.
๐ก Low leverage and DCA approach advised in this region. Breakdown = hard cut.
๐ฃ Whatโs Next?
Watch this weekly candle closely. As long as we close above $14โ15, the bounce setup remains valid. Reclaim of $17.54 would confirm early trend reversal.
๐ข This is the "make or break" zone. Either the base holds... or the floor drops out.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.