š Ethereum Classic ($ETC ) ā Chart Breakout: Time for Swing Entry**
ETC has broken out of a textbook cup-and-handle, climbing from ~$16 to ~$24 on strong volume and flipping key resistance levels into support. The daily Bollinger Bands are widening as momentum builds .
š Trade Setup:
⢠Buy Zone: $23.60ā24.00 on dip or retest
⢠Stop Loss: below $23.00 (invalidates breakout)
⢠Take Profits:
ā Tier 1: $25.50 (resistance zone)
ā Tier 2: $27.30 (0.5 fib target)
ā Stretch Target: $30.80 (0.618 fib)
š Risk/Reward: R:R ~1.5ā2:1 to Tier 1; higher on extended move. Volume and candle structure will confirm continuation.
ā ļø If price drops under $23, pause as breakout may fail. But with strong structure and inflows, ETC is set for a possible $27ā30 run. Trade smart.
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