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Etcbtc

ETC welcome to the Green Party!Altcoins market downturn, outflow of capital, low volume of trading and its regular suspension all these factors provoked credibility crisis that in its turn led to a new period of instability in the market - a crisis of assets. In this sense, the EthereumClassic is no exception, so let's look at the chart to understand what's going on. TF: 4H The MACD: With such low volume it's hard to say is it real or false trend on the card, therefore I can only assume that after bullish crossover the price will continue to heading up and will reach the first PT @0.0018 in the near future. The RSI > 50, the sign of uptrend. The EMA lines created the channel of the support lines, this is also the sign of the future uptrend. Bonus 1W TF TF: 1-Week The MACD: Bearish, because of the weak trading volume. The RSI is far from the oversold zone but less than 50. The EMA is our resistance lines which put pressure on the price. Conclusion, the weekly TF still doesn't look so attractive as 4H, but it has all chances to change in the coming weeks because the price cannot trade a long time at the major support area @0.0016-0.0017. ENTER: 0.0017-0.00171 PT: 0.0019-0.002 GL Traders.
Long
by LudwigStirner
Why ETC Is The Next BTCEthereum Classic (ETC) is a lot like Bitcoin (BTC) was back in 2012. Majority sentiment was against Bitcoin (BTC) and very few people actually believed that it might have a real shot at the level of adoption that it has achieved today. However, towards the end of 2012 we saw a major shift in sentiment as more people began to realize the importance of having a decentralized, independent and deflationary digital currency that might eventually replace centralized, inflationary and dependent fiat currencies. The concept is what got people on board but the greed to profit off upcoming rallies and price boosts is what kept most people in the game. Regardless of their motives, these investors have helped Bitcoin (BTC) reach the extent of adoption and acceptance that we see today. As far as unanimously accepted and recognized money is concerned, Bitcoin (BTC) is a clear winner. Sure, there are cryptocurrencies like Bitcoin Cash (BCH) and Litecoin (LTC) but they are going to fade away as the gold rush ends. Otherwise, we will keep on seeing more forks which will create the same double spending problem that Bitcoin (BTC) was supposed to resolve. We have seen that many investors today realize this issue as debates over value proposition of Litecoin (LTC) and Bitcoin Cash (BCH) are on the rise. Ethereum Classic (ETC), which runs on the original Ethereum blockchain, shares the same principles of immutability, decentralization and deflationary economy as Bitcoin (BTC). However, just like Bitcoin (BTC) in early 2012, until recently, Ethereum Classic (ETC) was considered a scam by many in the crypto community. There was no reason for anyone to believe that a practically dead project like Ethereum Classic (ETC) would eventually rise from the ashes and threaten the dominance of Ethereum (ETH) and similar platforms. Recently, morals and principles have attracted a lot of people to Ethereum Classic (ETC) same as Bitcoin (BTC) did back in the day. However, just as with Bitcoin (BTC) this is not the only reason. Just as people turned to Bitcoin (BTC) because they saw problems with quantitative easing by central banks, excessive government control and inflation, people are starting to turn to Ethereum Classic (ETC) in the platform arena as they see problems with other platforms. Ethereum (ETH) is the largest platform coin with even larger problems. First of all, Ethereum (ETH) has no immutability or decentralization, the two basic prerequisites for a blockchain. Back in the day when Ethereum (ETH) forked off the original chain, very few people cared about these issues. They saw a lot of new miners and developers shift to the forked chain (ETH) and so they followed suit. This was followed by a plethora of ICOs held on the forked chain which made it even bigger while the original chain (ETC) was left to die. However, now that Ethereum (ETH) has grown so big that money is not a major concern; people are starting to see the real problems. In the past, many companies have held their ICOs on Ethereum (ETH) but very few of them are willing to actually stay on the Ethereum (ETH) blockchain. The same goes for Dapp developers on the Ethereum (ETH) chain. A lack of immutability and decentralization are serious concerns. Let’s say you make a Dapp on Ethereum (ETH) and a central authority gets to decide what you can and cannot do, or worse they suspend your Dapp for some reason, what then is the point of having a blockchain and how can the apps built on such a blockchain be called Dapps? Apart from respect for immutability and decentralization, Ethereum Classic (ETC) has a fixed supply just like Bitcoin (BTC) whereas Ethereum (ETH) supply is not known, which introduces another issue of inflation. Most investors today are starting to take these concerns more seriously. Ethereum Classic (ETC)’s recent listing to Coinbase and other major exchanges proved to a lot of people that it is not a scam. The next step was to make them see the value proposition and problems with existing platforms like Ethereum (ETH). At this point, some people will get onboard out of principle but the vast majority will only get involved once they see big gains. Interestingly enough, the stage is set for that as well. Looking at the first chart for ETCUSDShorts, you will see that the number of shorts for Ethereum Classic (ETC) have been on a steady rise since September 2017. Those shorts have now formed a giant rising wedge which is one heartbeat away from breaking to the downside. When that happens, we will see an unprecedented sentiment shift towards Ethereum Classic (ETC). The cryptocurrency has a lot of big events coming up towards the end of the year. One of those events is full IOT (Internet of Things) compatibility by November 30, 2018. Read Further: cryptodaily.co.uk
BITFINEX:ETCUSDLong
by Jefe
2
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) 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= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
4
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) 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= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) 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= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
ETCIt's good with good follow-up ... The price has now reached a strong support area with an old history of receding The support area is between 0.0168835 and 0.0161380 BTC MV indicators We did not see the start of the rebound so that the MV 14 index breaks the MV 28 index from bottom to top With prices above 50 MV to confirm the new upside Fibonacci levels show us that we need to exceed the resistance area at 0.00193354 BTC until we prepare to buy and start again Who wants to buy from the current prices on it using stop loss at 0.01600000 BTC And for those who want to wait and follow up there is a stronger support area referred to as CIRCLE green is at the price of 0.0130383 BTC A break through the red line with a break above 0.00300000 BTC will be the next target immediately 0.0040000 BTC
Long
by zomlot
ETC Price Being Manipulated As The Whales AccumulateEthereum Classic (ETC) has seen a lot of favorable developments over the past few months but the price has failed to rise successfully. If anything, one might be led to believe that those developments actually did not affect the price at all and that interest in Ethereum Classic (ETC) has not changed a bit. There are two sides to this. For retail investors that trade sentiment or hype which is very common in this industry, it is early days yet to be thinking about Ethereum Classic (ETC). We have seen a lot of investors turn to projects like EOS (EOS) over and over again just because it receives a good pump every now and then. I know for a fact that most of these ‘investors’ do not have the slightest idea as to the fundamentals of such projects nor do they care as long as they can see a 5% spike on a regular basis. Let’s talk some more about investor sentiment. Until recently, Ripple (XRP) was considered a bank coin and a centralized coin by majority in the cryptocurrency space. This was an extremist view and some sensible people in the industry; even though they did not hold any XRP, talked against this kind of approach. I was one of those people. I had my reasons to not invest in Ripple (XRP) but I was sure that the sentiment is due for a change in no time. Sure enough, the same happened and all of a sudden Ripple (XRP) is now the sweetheart of the crypto community. The point is, sentiment does not change long to take, fundamentals do. What influences sentiment in this market? Pumps, consistent pumps followed by more pumps. I remember during the last Swell conference, when most Ripple (XRP) investors expected the price of Ripple (XRP) to rise, it continued to fall throughout the conference. It may have surprised a lot of new people in the industry who could not get their heads around why a cryptocurrency might continue to fall before, during and after the most anticipated even for that coin throughout the entire year. Sentiment does not take time to change. When the whales are done accumulating Ethereum Classic (ETC), they will do the same with it as they did with Ripple (XRP). To them, this coin, that coin, it does not matter as long as they are making money. However, for those that believe in this space and the future potential of Ethereum Classic (ETC), it might be a good time to start accumulating now as the whales are almost done. Read Detailed Analysis: cryptodaily.co.uk
BITFINEX:ETCUSDLong
by Jefe
3
Incredible asset, top 10 market capitalization by Q12019 Just a follow up on one of my favorite long term assets. Its the lesser known Ethereum that is going to surprise everyone. In the graph above I compare ETCBTC and ETCUSDT. Whilst bullish on both ETCUSDT looks more likely to make an imminent positive break. For more information please have a look at: 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
Long
by warrenhochfeld
Ethereum breaches another supportEthereum is bearish. The coin is in the free fall mode since May 2018 and it doesn't look like the end is near. Since then the price managed to breach all kind of supports - horizontal, trend lines, Fibonacci etc. There is only one support left before we may re-visit the all-time lows. And this is the biggest support since the fall has started. The zone between 0.02400 - 0.02100 consists a major upward trend line connecting swing lows as well as the important horizontal support. In addition, the 0.886% Fibonacci support of the entire move lies in the same zone. Hence, we are talking about the triple confluence. Anyone who is looking to go long Ethereum in the long-term view may be looking at this zone for the buy trade. Thus, a stop below 0.0200 may leave enough space for any quick moves before the coin is bought. Eventually, the price may return the test the upper side of the big triangle, around 0.08500.
by WhaleAgents