Classiciscoming
log + linear comparison of BTCUSD 2013-2019 and ETCUSD from 2016This graph shows a log + linear comparison of BTCUSD 2013-2019 and ETCUSD from 2016-2019
Point of Control POC is used for identifying support levels: price point with highest trade volume. This is used alongside Relative Strength Index RSI to identify buy in opportunities that follow from six bearish periods. 50 day moving average MA used for the linear graph and 50 day exponential moving average EMA used for the log graph.
Automated BUY(green)/SELL(red) based on the Tether Line Backtest by HARRY POTTER. It was named this way because prices have a tendency to cluster around it. It means that BTCUSD/ETCUSD prices tend to move away from the midpoint between their 50-day highs and lows, then return to that midpoint at some time in the future.
By looking at movement of BTCUSD during this time we are unable to confirm that our current support level will hold. If it doesn’t I would think we dip down to approximately $2700 and re-test. With this said research reveals BTC accumulation is taking place OTC. That could mean that the start of our next bull run will take place unknowingly because the indicators from this graph will not capture these data.
Ethereum Classic indicators (which are all explained on the graph) do not confirm a trend up or down. This is partially because its value is linked to that of BTCUSD and the general sentiment of the crypto market. Like BTC, ETC accumulation is taking place in the OTC market evidenced with various data points not highlighted here. Any dips down to $3.6 seem an undervalued price in my opinion.
#classiciscoming ETC:BTC Watch this spaceJust a follow up on one of my favorite long term assets, this time we are looking at Ethereum Classic ETC relative to Bitcoin BTC. Its the lesser known Ethereum ETH that is going to surprise the market. #classiciscoming
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Highest scored coin on Coincheckup: technical/sentiment/investment/purpose/communication/roadmap/team
-Backed by wall street:
Digital Currency Group and its subsidiaries
Grayscale Digital Currency Group
Digital Finance Group
Genesis Digital Currency Group Company
Coinbase
Circle (owns Poloniex)
Coinbase
Kraken
Ledger
Coindesk
Brave (software)
-Numerous development teams and initiatives
ETCDEV
IOHK Grothendieck (the same team that brought Cordana ADA )
ETC COOPERITIVE
ETC LABS
More information can be found here:
Bitcoin Vs ZCash Vs Ethereum Classic- Dream team 1 of 3All explained on the graph.
For more information on Bitcoin BTC, Zcash ZEC and Ethereum Classic ETC look here.
#classiciscoming DECENTRALIZED. IMMUTABLE. UNSTOPPABLE
Highest scored coin on Coincheckup: technical/ sentiment/investment/purpose/communication/roadmap/team
-Backed by wall street:
Digital Currency Group and its subsidiaries
Grayscale Digital Currency Group
Digital Finance Group
Genesis Digital Currency Group Company
Coinbase
Circle (own Poloniex)
Coinbase
Kraken
Ledger
Coindesk
Brave (software)
-Numerous development teams and initiatives
-ETCDEV
IOHK Grothendieck (the same team that brought Cordana ADA)
ETC COOPERITIVE
ETC LABS
Ethereum Commonwealth
Enroute to $250 from here before March 5 (Clean H&S) I expect some serious interest before the Callisto airdrop which will drive prices upwards of $200 most likely. However, it may drop soon afterwards as people take profit. Having said that, I think this will bring ETC to the limelight and I expect it to be listed on Coinbase soon after the airdrop. My prediction for ETC for 2018 is $500. I know some of you might disagree but I have my reasons. I'm a strong believer in Warren Buffet's ideology of investing in things that you understand. I have been following ETC for more than a year now and my understanding of the technology and ETC Dev, IOHK Team and Charles Hoskinson's vision leads me to believe that this coin is massively undervalued and at some stage it will be a serious Ethereum contender when Ethereum (core) runs into serious scaling and mining issues. There's also some unresolved legal issues with Ethereum which have been swept under the carpet for now but eventually those issues will surface and when they do, all these things will bring light to the debate of ETC vs ETH. It is important to note here that BTC and BCH have a 7 times difference whereas ETC and ETH have a difference of more than 27 times in terms of marketcap! When you connect all these dots, it is easy to see how ETC is one of the best investments in the market right now. I regret not buying ETC at $10 because I didn't take it seriously but like they say, the best time to buy was 2 years back. The next best time is now!
My 3 principles of buying cryptocurrencies:
1. If the price is right, you can buy a sh*tty coin to flip later for a profit.
2. If the price is right and the tech is right, you buy the coin now and maybe sell some later.
3. If the price is right, the tech is right and the team is right, you buy the coin and maybe you buy some later.
Goodluck!
I'm a Classic Man ft. ETC Is Coming (Strong Buy)I hate the word, "Hold/Hodl" but today I'm gonna have to use it. Buy ETC and hold it till March 5 at least even if you hate its f*cking guts! Should you hate ETC? Absolutely not. It's 27 times smaller than Ethereum compared to BCH being only 7 times smaller than BTC. So, it's massively underpriced. ETC is the original Ethereum and ETH is the hardfork. So, ETC has everything that ETH has except for the traction/media attention (as of now which could change easily). Also, ETC doesn't have the problems of ETH like scaling issues and increasing tx cost, not to mention the unresolved legal issues that ETH still haven't cleared after the DAO hack bailout. My money is on this guy. Go Classic!
Only a matter of time before it's listed on Coinbase and then the fanboys would be all over it buying at $300 and $500 when they could easily have bought today for below $50. Don't miss your chance.
#ClassicIsComing
