USD -ETC Ethereum Classic - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 30000 BTC ( 8 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **16 ( 9 / 10 )
Website ( 7 / 10 )
Type Blockchain with SmartContracts
Overall ( 8 /10 )
One of the most stable coins since this bear market- Holding satoshi value.
One of the 6 coins on Coinbase,
It has to break the downtrend-line to move ahead!
Easily 2x for it.
Barry Silbert & Grayscale Investments & Coinbase will pump this coin sooner or later! If you want to create your long term investment, This level is great to start it. I am holding a big bag of ETC, I got my first ETC Around $2 .
NOTE : If $8.5 doesnt hold, We should expect the worst scenario ahead for all crypto. The current USD value is bearish!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
Etcbtc
ETC Bull PennantHi friends! Welcome to this $ETC update analysis
Not much needs to discussed around here, its very clear ETC broke out from a classical pennant chart pattern after trading for sometime on a range. This breakout was confirmed by a hidden bullish divergence signal from 4H and 1 H Chart. This is a easy textbook trade, just be careful with the black dotted line as we see this as an area of first sign of trouble. Profit taking around this area is a wise decision. Stop loss should be placed somewhere near the red dotted line. Target is on the chart.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis:
. EthereumClassic/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00133000 to 0.00124000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00133000)
Ending of entry zone (0.00124000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00155500
TP2= @ 0.00164600
TP3= @ 0.00175200
TP4= @ 0.00182100
TP5= @ 0.00198500
TP6= @ 0.00221700
TP7= @ 0.00254800
TP8= @ 0.00277400
TP9= @ 0.00297000
TP10= @ 0.00388000
TP11= @ 0.00470000
TP12= @ 0.00560000
TP13= Free
ETC – a bull has woken upHi Guys!
Let’s get back to one of our favourite coins.
ETC is much undervalued not just in terms of the price only.
It is ranked by coincheckup on the 1st place with regard a score of the project.
It even surpassed such giants as BTC and ETH.
Its score is at the level of 4.6/5. They are scored in such categories as open communication channel, activity on social media, team strength, advisory board strength, brand awareness, product strength, coin strength, git hub activity.
ETC reached 100% in team strength and 75% in the advisory board which is the weakest score.
The rest of the categories are rated over 90% which makes the strongest coin on the market.
In our opinion, they need a bit more of marketing and of course better attraction of the projects which are to be built on the top of ETC.
Google trends show us an increasing growth of interest in the USA. We bounced from the level of 21 on 22nd of December. Right now we are at the level of 71. This is 350%. WOW. Looking forward to further interest and price uprisal.
The number of transactions per day on ETC’s blockchain has also strongly increased. The bottom was on 18th November with 40K transactions/day. Right now it is around 60K. It means we have a 50% growth in just 5 weeks. This level of transactions was present in May 2016 at its peak. We have constant growth since Nov 2016 with a tiny slope at the beginning of 2018 (till May). Is there something big going on?
Technical analysis details:
• Hyper low on Fib scale - just bounced from the bottom marked in March 2017.
• Great profit/loss ratio – 2450%
• Almost all EMAs has been broken except EMA100. Wait till new daily bar starts above this line.
• On Visible Range - below the fair price (red line on the chart) and the range of 70% of all transactions (zone marked by blue lines)
• Ichimoku Cloud - a correction possible to TenkanSen (blue line) - wait for reloading
• Weis Volume - a perfect combination - no supply and decent demand
• Sentiment Oscillator - we are overbought - wait a bit for a correction and re-buy
• RSI - We are overbought - wait a bit for a correction and re-buy
Fibonacci targets:
1. 0.003000 (mid-term)
2. 0.004280 (mid-term)
3. 0.005278 (long-term)
4. 0.006276 (long-term)
5. 0.007698 (long-term)
6. 0.009509 (long-term)
Stop-loss: 0.0011
This looks very solid and it is actually great sell-off. It will take time to reach such level but it will pay off.
Please do share with us your thoughts.
Are you optimistic about the future of ETC?
Keep following us as we will make updated on ETC.
Massive Hugs!
WBM Team
Ethereum Classic - Never Judge a Book by it's Cover -Hello everyone... I have decided to go retro here with my format. Due to many people being misled and confused by others, hence forth, I will only be posting Educational material--with the hope that it will provide some valuable insight and lessons for new traders and investors.
For those who do not know me, my name is Longmoney. I am new to trading (going on approximately 9 months now) but not new to the Crypto-sphere. I have been diligently studying Satoshi's vision since 2009 but was unable to enter the market until 2013. For those who know me, they know I speak the Truth.
I went from Hodling to Trading in 2018--at the peak. But only after years of watching and analyzing the behavior of this volatile market. I feel many are deceived and misled by so-called "Pros" and YouTube Gurus, and I feel that it is my ethical duty and responsibility to enlighten and share what I have learned after many years of experience traversing these markets.
With that said, today's lesson for those looking to become successful traders will be on timeframes and Exchange differences within the market. Exhibit A : Ethereum 0.58% Classic. Some call it the "Real" Ethereum 0.58% , while others prefer to refer to it as a trash coin... IMO 0.26% , I honestly do prefer the latter--regardless of its' extreme volatility .
Please see the attached chart for a Daily perspective on ETC--courtesy of Bittrex. My educational advice to new investors and traders is to have patience in the market and stick to the daily until you are more comfortable with the lower timeframes. It took me nearly nine months to become comfortable stepping down from the 4hr chart. The general rule is: The Lower the Frame, the Greater the Noise.
Exhibit B: Is an ETC chart on Coinbase. Take note of the lack of history, which can easily make one lose sight of the larger degree picture. Study these charts and feel free to ask me any and all questions. I am here to help those in need--and to to destroy those who seek to do any wrong to those trying to learn.
I am Longmoney, aka 1.55% The Whale Hunter, aka 1.55% The Robin Hood of TA...
Those who know me, know...
ABCD patternBitcoin currently is in danger of falling so Etherium will follow his moves. If Bitcoin won't fall we may see a breakout sooner. Otherwise it will go wown to the nearest support.
ETC could be in "AB" part of ABCD pattern. If/when breakout next target will be 1330.
15 minutes TF
Day timeframe