Great observation — a symmetrical triangle on the daily timeframe for Ethereum Classic ($ETC ) often signals a strong move ahead, especially if it's forming after a prior trend (continuation pattern) or after prolonged consolidation.

Let’s break this down and provide a quick visual and strategy plan:

📈 Chart Pattern: Symmetrical Triangle (Daily TF)

Pattern: Price is coiling between descending resistance and ascending support.

Volume: Usually fades within the triangle; watch for a spike on breakout.

Breakout Bias: Depends on trend context and broader market, but symmetrical triangles can break either way — we lean bullish if BTC/ETH are strong.

🎯 Bullish Breakout Targets

Based on recent price structure and measured move projections:

$18.70 — Local resistance zone (near previous highs).

$21.00 — Psychological round number and historical S/R.

$24.50 — Breakout target from triangle width.

$28.50 — Major resistance zone, multi-month high.

📌 Trade Setup (Example)

✅ Entry:

On daily candle close above triangle resistance with strong volume.

Conservative: Wait for a retest of the broken triangle top as support.

❌ Stop-loss:

Just below triangle support or most recent swing low.

Example: If triangle bottom is around $16.20, consider stop around $15.90.

🎯 Target Zones:

Tiered take-profits at: $18.70, $21.00, $24.50, $28.50.

📊 Risk/Reward Consideration

Depending on entry point (e.g. breakout at $17.20):

TargetR:R Ratio (approx)$18.70~2:1$21.00~4:1$24.50~7:1$28.50~10:1

#SparkBinanceHODLerAirdrop #BinanceAlphaAlert #BombieBinanceTGE