ETC BTC Trade IdeaIt is a good time to accumulate some Ethereum classic.
The RSI is in the oversold zone. It may go down a bit more and that would be the best time to pick up some coins.
The upcoming events are:
1. Mobile wallet release June 30th.
2. Emerald SDK release July 31st.
3. JIT compilation August 31st.
4. Second annual meeting will be on September 12th.
Every time it hits the target, cash in and wait for another dip to accumulate more coins.
Etcbtc
ETC will definitely go upAll the indicators are showing that a bullish turn up will come soon. Get in at around 0.0018 - 0.0019 range. When the market get stabilized, the price of ETC will run up faster than you think.
RSI is oversold.
TD SEQ is at 7-8. Cloud above is thin.
Call-out boxes are the targets for this trade.
Best of luck!
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Indicators optimized for 4 hour time frame:
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ETCBTC Signals Hey guys and welcome to another trade. Lets talk about ETC Or Etherium classic its a strong with lots of upward potential it has a strong breakout so buy near the support which fib level 0.05 and sell strong at target thanks guys for looking into it have a nice day don't forget to leave a like.
ETC 13$ WILL BE PERFECT Traders,
Here we have ETCUSD 4H chart.
We said at previous idea that we having a heavy resistance at 24$ levels.
and it was a heavy one to drive the price all down again with the bearish chart of BTC but wil Gann we have a good vision that says that we have a bull run possibilities in the near future days its perfect support is 13$ levels and breaking the 0.382 here is the heaviest level need to be broken. T: 40$ have my own hope in the Gann rocket.
Regards,
Mohsen
ETC BTC prepare for a BULL runSituation are good for a long entry.
Right now my Long targets are conservative as I will update this chart in future.
There is a big possibility that BTC will start another Bull run and ETC may decline via BTC. Now ETC rate is near lower trend lane.
If we will break down with an impulse and cross black dot line, we are going out of this trade.
Or ETC may keep same ration with BTC until growth will starts again.
It is way too hard predict time range off this chart, but opportunity we have one.
Ethereum Classic (ETC) Is The New Institutional FavoriteEthereum Classic (ETC) and Bitcoin (BTC) are often compared for their similarities in terms of immutability, decentralization, and limited supply. The total number of Bitcoin (BTC) that will ever be mined is 21,000,000. The total number of Ethereum Classic (ETC) that will ever be mined is 210,000,000 according to Ethereum Classic’s Monetary Policy. This means that both of these assets are likely to appreciate in value over time as mining difficulty increases and the number of coins that remain to be mined decreases. The demand will naturally rise as the supply decreases while the coins are mined.
Ethereum Classic (ETC) combines the benefits of being an underpriced asset as well as being a blue chip (top 20) cryptocurrency. In other words, Ethereum Classic (ETC) offers the most reward for the lowest risk. The cryptocurrency is also known for its ability to do well in bad times or in the event of a flash crash. This is natural to expect when you compare it to its forked version, Ethereum (ETH) which is over 36 times larger than Ethereum Classic (ETC) without having any significant technological edge or a specified total coin supply. This goes on to vindicate the fact that Ethereum Classic (ETC) is massively undervalued and why institutional investors are eager to invest in it.
As a blockchain project with a solid tech, team and product that ranks #1 in terms of algo score and as a cryptocurrency with a limited supply, Ethereum Classic (ETC) seems to be the new institutional favorite after Bitcoin (BTC) and EOS (EOS). While institutional investors with limited knowledge of cryptocurrencies might feel safer investing in Bitcoin (BTC), those willing to take a little more risk to diversify their portfolio and invest in undervalued projects, Ethereum Classic (ETC) might be the best bet.
Ethereum Classic (ETC) is also actively finding its way on traditional markets. Recently, the Ethereum Classic Investment Trust (ETCG) was launched by Grayscale Investments after being approved by FINRA for a public quotation: OTCQX: ETCG. It currently trades at a price of $58.70 whereas ETC trades around $15. This difference shows the rising institutional interest in Ethereum Classic (ETC) and also shows the price traditional investors are willing to pay to guarantee a safe investment in this cryptocurrency without having to worry about the risks of holding the actual ETC coins. Another factor that traditional investors want to safeguard against is manipulation. When an asset is being pulled down despite it being a brilliant project and being massively undervalued only to go up soon afterwards, that is manipulation. As the chart for ETC/USD above shows, an attempt was made to push Ethereum Classic (ETC) off the cliff by dragging the price below the bullish channel, however, the price climbed back into the bullish channel. The price is currently again out of the bullish channel but it is very likely that this has to do with the recent Ethereum (ETH) flash crash which took a toll on the whole market as most cryptocurrencies are either traded against Bitcoin (BTC) or Ethereum (ETH) on most exchanges. As of now, Ethereum Classic (ETC) is up 6.14% and is moving back into the bullish channel.
ETCUSD: Bulls ran out of time...As the chart shows, we have an explosive bearish trend in the making here. Already active and valid, but will escalate badly once we break the lowest swing low in the chart here. I'd reccomend to stay away from $ETC overall, as I have been doing for a long time, since returns form it have typically lagged the returns of $ETH, due to fundamentals mainly, but also the positioning of so many traders who hoped for the next big thing courtesy of their Messiah, Barry Shillbert...Well, Barry sure appreciated your support all this time as he dumped on you. This coin has no developers, no future, and a bearish chart.
Hopefully people sell it or at least reconsider their positions' weight.
Best of luck,
Ivan Labrie.
Large degree accumulation on ETC, Effect will be hugeTaking a look at the price of ETC on the weekly.
and my god.
does it look like we are going to have a flat (few years?) after which our markup will be IMMENSE.
reason why?
Cause and effect.
Larger the cause, larger the effect.
Wyckoff suggests that accumulation and distribution are cause zones, and mark up and marke down are the effects.
Say ETC accumulates for a year, the markup on ETC will be huge.
Now's not the time to buy.
Time to buy is when ETC really falls down to like
0.0013 - 0.0016
We will likely bounce between the 2 support and 2 resistance lines (2nd resistnace line might not have even been formed yet, I don't spot an ST that usually occurs in Phase B - although 0.002 might be it)
I'm happy to wait a few months to see what ETC wants to do.
But for now, take a look at the magnificence of the setup we are currently playing out. (almost 10 months since we had our first sign of PSY)
The markup will be immense. This accumulation might take a few years to play out, i definitely want to be there to catch the rocket up.
ETC/BTC in Limbo I think we can all agree that the ETC is a slow moving coin. Not much volume. Wish there was more interest as volume would increase thus more volatility. But we'll have to see how investors react to upcoming news from the Dev team.
We saw a test of the support level 0.001973 which lined up great with my descending triangle , bouncing right up. Again, we saw a lack of interest from bulls. A critical point of resistance would be .002277 as this would help it cross the 50 MA as well. An unsuccessful break of this resistance and a break below fib .001970 may take it back to very low levels as low as .0018 or even .0014
We can also see a consolidation of the Bollinger Bands. This may indicate a break out.
Please note the Daily RSI may be indicating further retracement.
Overall we may see more retracement as we follow a downtrend with lower highs and lows.
What are your thoughts? Let me Know :)
ETC RALLY - BUY AND HODLBUY AND HODL
It may not be in your top 3 alt coins that you follow and trade in and out of but it's the perfect hodl coin for this quarter right now cause you can set it and forget about it.
It's found it's floor after retracing since FEB 14TH. Alts have been in recovery rally and ETC is off cycle compared to them. It just found some life and up 4.29% now. Better yet, its forming the base of a huge cup and handle pattern forming on the daily charts. Wait for ETC to come down a little from it's current drive the the next upward trending 1 HR MA crossing.
After it passes 2500 stats it's going it has a huge breakout scenario inside the daily red kumo.
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