🔋 ETC just pumped +10% on 4.2x volume. Is this the comeback nobody saw coming?
Here is what the data says — and it is bullish.
📊 The Setup
Ethereum Classic at $8.70 with surging volume (ratio 4.20). 4H RSI at 73.0 and daily RSI at 72.3 — both in the high momentum zone just above the 70 overbought threshold. But look at the MA structure:
SMA7 4H: $8.294
SMA25 4H: $7.883
SMA7 daily: $7.787
SMA25 daily: $7.388
SMA99 daily: $7.059
Price is above every single moving average with full bullish stacking (short > medium > long). MACD is positive on both timeframes: 4H +0.2417, daily +0.2986, with expanding histograms.
🧠 Why This Trade?
Long/Short ratio at 1.77 shows strong long conviction. The 4.2x volume surge confirms this is not a low-liquidity wick — real money is flowing into ETC. When a legacy coin like ETC gets this kind of volume with clean MA alignment, it often marks the start of a multi-day move.
📋 The Plan
⬆️ LONG Entry: $8.564 - $8.836
🛑 Stop Loss: $8.157 (below SMA7 4H — momentum break level)
🎯 TP1: $9.048 | TP2: $9.396 | TP3: $9.744
TP1 is a +3.8% move from entry, TP3 is +11.6%. Scale out at each level.
Did you see this ETC move coming? Are you long or sitting this one out? 👇
#ETC #EthereumClassic #DYOR
⚠️ Disclaimer: Not financial advice. Crypto markets are volatile. Manage your risk and DYOR.
Here is what the data says — and it is bullish.
📊 The Setup
Ethereum Classic at $8.70 with surging volume (ratio 4.20). 4H RSI at 73.0 and daily RSI at 72.3 — both in the high momentum zone just above the 70 overbought threshold. But look at the MA structure:
SMA7 4H: $8.294
SMA25 4H: $7.883
SMA7 daily: $7.787
SMA25 daily: $7.388
SMA99 daily: $7.059
Price is above every single moving average with full bullish stacking (short > medium > long). MACD is positive on both timeframes: 4H +0.2417, daily +0.2986, with expanding histograms.
🧠 Why This Trade?
Long/Short ratio at 1.77 shows strong long conviction. The 4.2x volume surge confirms this is not a low-liquidity wick — real money is flowing into ETC. When a legacy coin like ETC gets this kind of volume with clean MA alignment, it often marks the start of a multi-day move.
📋 The Plan
⬆️ LONG Entry: $8.564 - $8.836
🛑 Stop Loss: $8.157 (below SMA7 4H — momentum break level)
🎯 TP1: $9.048 | TP2: $9.396 | TP3: $9.744
TP1 is a +3.8% move from entry, TP3 is +11.6%. Scale out at each level.
Did you see this ETC move coming? Are you long or sitting this one out? 👇
#ETC #EthereumClassic #DYOR
⚠️ Disclaimer: Not financial advice. Crypto markets are volatile. Manage your risk and DYOR.