ETC FA boostmany bag holders, hated coin, history of pain. Upcoming fork for removal of difficulty bomb, radex launch, sidechain proto, wallet release, ete airdrop. Summer card is stack, expect HIGH volatility between events. Also as btc shits the bed, look for people to pile their usdt into paired coins. Charts suggest history of dramatic dumps. hold through forks and releases at own risk. chart looks close. I expect something to happen in the magic circle.
Etcbtc
Game Changing Week For Ethereum Classic (ETC) Up AheadEthereum Classic (ETC) is probably one of the most boring coins to trade in the crypto market. It also remains sluggish for the most part. However, when it does rally, it is hard to catch up with. This might have to do with the audience it derives interest from. Some investors who buy Ethereum Classic (ETC) do so out of principle, believing it is the real Ethereum and that the forked version, Ethereum (ETH) has lost its true vision. Then there are those who invest in Ethereum Classic (ETC) thinking it is an extremely undervalued coin and that it has a lot of catching up to do, thus also having the potential for most gains. A third group of investors buy Ethereum Classic (ETC) because they believe in the vision and leadership of Charles Hoskinsons and Barry Silbert to frame the future of this mysterious cryptocurrency.
Read On: cryptodaily.co.uk
ETCBTC: Bullish outlookWe've seen a test of bullish accumulation.
The excessive chunk of investors have been unloaded through a manipulative drop.
That's a typical pattern before a coming strong pump.
Now ETC looks very promising with the first target at 0.0030.
If you like the idea, feel free to join our telegram channel that is provided in the profile.
ETC |Will bounceback soon and Big events comingBig events:
24 May |ETC is hard forking in May to remove the difficulty bomb.
31 May | Working prototype of Sidechain & Enable new Opcodes for compatibility with ETH
ETC can go up together with BTC - MACD can break out anytime Which will support ETC pump soon
And XABCD Pattern doing finish
Now we can buy ETC
Buy zone : 2050 - 2150
Profit
(1) 2400
(3) 2600
(4) 2800
(5) 3000
Ethereum Classic (ETC) Price Target Of $100 Is Too ConservativeEthereum Classic (ETC) has done a lot of work on the tech side and was the fourth ranked coin in terms of tech advancement in 2017. However, all that work and effort will have little impact without it being brought to the limelight. A project with this kind of potential should do more to bring its work to investors’ attention. It is true that those who understand the tech behind the project and follow its Github regularly already hold ETC but most crypto investors are not tech savvy enough to follow Github accounts and see progress made for themselves.
Having said that, I think Ethereum Classic (ETC) is gearing up to start working on that side of things now that they have achieved a major technological victory in the form of the recent Emerald Wallet. This could truly be a game changer. An official wallet will serve as an instrument of confidence for prospective investors who have long been considering getting into ETC. One thing to note though is that Ethereum Classic (ETC) being the 16th largest coin by market cap just came up with its official wallet this year. It means that Ethereum Classic (ETC) is just getting started. The team behind ETC comprising of IOHK and ETCDev are the kind that like to secure all ends before launching a project.
Read Detailed Analysis Here: cryptodaily.co.uk
Careful with alts unless BTC can break 10,000A few coins bounced up today after everything bottomed out due to BTC dumps, If bears beat out the bulls we could see a retest of 10,000 before falling into the mid 8000's. fingers crossed that it can break 10,000 though.
In terms of ETC
We just saw a dump retesting the long term downtrend line but getting bought back up. currently resting on a short term support. We can expect a 6-15% bounce up from here while BTC retests 10,000.
WATCH very carefully if BTC is able to break 10,000 or not, otherwise youll end up holding bags for the next month or selling at a loss.
Another great opportunity to buy in ETCBTC , Catch it !!Technical analysis:
ETHEREUM CLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
The RSI is at 45.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.00233 to 0.00130), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00130)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.0035
TP2= @ 0.0047
TP3= @ 0.0056
TP4= @ 0.0082
TP5= @ 0.0095
TP6= Free
A Great Trading Opportunity to Buy in ETCBTC , Catch it....Technical analysis:
ETHEREUMCLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support. The bullish exit in daily chart was occurred.
The RSI is at 51.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
* Price is in the support zone (0.00233 to 0.00130), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00130)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 SELL trade(s) @ 0.00204999 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 170202 pip
Closed trade(s): 0 pip Profit
Open trade(s): 170202 pip Profit
Open Profit:
Profit for one trade is 0.00233366(current price) - 0.00204999(open price)= 28367 pip
9 trade(s) still open, therefore total profit for open trade(s) is 28367 x 6 = 170202 pip
Take Profits:
TP1= @ 0.0035
TP2= @ 0.0047
TP3= @ 0.0056
TP4= @ 0.0082
TP5= @ 0.0095
TP6= Free
A Great Trading Opportunity to Buy in ETCBTC , Catch it....Technical analysis:
ETHEREUMCLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support. The bullish exit in daily chart was occurred.
The RSI is at 51.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
* Price is in the support zone (0.00233 to 0.00130), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00130)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 SELL trade(s) @ 0.00204999 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 170202 pip
Closed trade(s): 0 pip Profit
Open trade(s): 170202 pip Profit
Open Profit:
Profit for one trade is 0.00233366(current price) - 0.00204999(open price)= 28367 pip
9 trade(s) still open, therefore total profit for open trade(s) is 28367 x 6 = 170202 pip
Take Profits:
TP1= @ 0.0035
TP2= @ 0.0047
TP3= @ 0.0056
TP4= @ 0.0082
TP5= @ 0.0095
TP6= Free
ETC in an UptrendETC is in an uptrend as you can see in the chart.
Stoch RSI also shows that etc is oversold.
The MACD shows an downtrend that will likely stop at the yellow support line.
When BTC is stabilizes it would definitely help ETC to bounce.
You can try to enter at the yellow line and set a stop-loss below it.
This will bring you to a very good risk-reward ratio about 5.
My short-term target would be 0.382 fib-line(yellow line) for short-term but long-term I think it has much more potential.
This is my first idea so don’t be to critical please :)
ETC EXPLOSION BUT WHEN?Traders,
Here we have ETCUSD 1D chart.
A heavy resistance need to be broken to launch a rocket to know exactly the the direction to determine the price.
But for now if we broke that level we will go to exact golden level to have 35$ hence and aim to correct from there but let's sing the news song
Regards,
Mohsen
Ethereum Classic (ETC) - what is going on?Hello our dear crypto family.
Not expected gains on ETC? Impatient?
Let's take a look closer basing on technical analysis first.
Market is ranging - we made 25% profit since mid April
Volume Weighted Average - very useful indicator to be combined always with Simple Moving Average - VWA is above SMA which is healthy and
positive. Price chart is above them two which confirms good trend. We have a convergence on price and VWA and SMA - GOOD.
Both MACD and Volume Weighted MACD show postive convergence so it is again healthy sign.
Let's jump to our recently favourite indicator - Weis Waves - unfortunately no big candles and a bit small volume. But it is not too bad. As we
can see there more green candels, green candels appear more often so presumably we can expect coininuing (slow?) growth. Waiting for more
candles with hopefully explict direction. Keep follow us for further updates on ETC
Moreover as we expect the new airdrop in mid July (listed below), we stay positive about ETC price in mid term.
Here is short description of what ETC is (for those who are new here):
ETC is one of two separate versions of Ethereum's Blockchain, the other being Ethereum itself. The split occurred after The DAO, a decentralized autonomous organization based on Ethereum, got hacked in June 2016, and $50 million worth of its funds were stolen. Because The DAO was crowdfunded, this event has resulted in a large number of people losing their stakes. After several weeks of heated debate, the community has decided to conduct a "hard fork" of Ethereum's Blockchain in order to "code" the stolen money back to its owners. In order to perform the hard fork, the majority of the users had to simultaneously take all the transaction records prior to the point of the hacking, and start anew from there, while discarding all transactions which have happened after that, including the hackers'. That doesn't mean that anything has happened to the previous version of the Blockchain - on the contrary, the hardfork resulted in two versions existing simultaneously: Ethereum -7.91% , which is the new one, and the old one, which was renamed Ethereum Classic.
ETC is in top 20 in terms of market cap. Backed by very good developers team as well as community. Devs are rated on 81% on coingecko and they have over 200k followers on Twitter (for comparison Eth has 400k)
We are going to have couple of events and good information regarding ETC. Here is the list:
24.05 ETC is hard forking in May to remove the difficulty bomb.
31.05 Working prototype of Sidechain & Enable new Opcodes for compatibility with ETH
31.05 Radex will be the first decentralized exchange to be launched on ETC blockchain (BIG THING)
30.06 PoC of new StateDB layer & Emerald Mobile Wallet
13.07 At block height #6100000t. Each ETC holder receives ETE in the ratio of 1:1 for free (PRICE WILL DEFINITELY INCREASE)
31.07 Sidechains support in Emerald Project & Emerald SDK First Release
31.08 JIT Compilation in SputnikVM
30.11 Fully IoT-compatible infrastructure of ETC (BIG THING)
Thank you for all comments, likes and messages. Don't forget to follow us.
Huge hugs!
WBM Team
ETC about to break the major trend lineAs you can see here in the weekly chart for the past four weeks, we are having green candles which means that ETC has found its bottom @ 200k satoshis. Once it breaks the major trend line it will go up and retest the resistance @ 360k satoshis. Stoch RSI and MACD are also supporting our analysis by showing us bullish signals. The daily chart is also trying to make a cup for a cup & handle formation. So when it reaches 360k satoshis, it will retrace a bit and then shoot up and challenge the next resistance @ 420k satoshis and/or 470k satoshis.
This will take at least a few weeks leading up to a few months.
ETC bullish channelVery nice channel, looks like we found support at 0.236 fib level, i also noticed that etc is dipping on every bitcoin sell and bitcoin is just about to touch first support at $9200-$8800 (0.236 fib) so we may expect a bounce and further upward movments on both btc and etc vs btc. RSI and MACD very bullish. There is also a chance that bitcoin will drop below 0.236 fib level which is probly gona affect etc and we may fall out of the channel. If you guys want me to do a detailed bitcoin chart regarding what i just said let me know in the comments.