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Etcbtc

ETC/BTC Support and Resistance after the daily bounceETC/BTC has finally had a bounce after a couple of brutal weeks. The bounce consists of low volume, so I expect this to be more of a dead cat than anything. Shorting oppurtinty at daily tenken and kijun levels as long as we break above the local resistance that it is about to meet. For a long position on ETC, I would like to se a push to 0.03 level with consilidation and a break above the down trend. Any break down from this local bounce I see it retesting the last lows.
by CrimsonBull
ETC/BTC price forecastMany good news for etc and other crypto. Grayscale, the issuer of crypto-based investment vehicles, expanded its offerings to add coins that performed well in price and volumes in the past months. The new offerings include Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). The addition of an ETH-based fund is curious, given that Grayscale bet on the performance of Ethereum Classic (ETC) for a long time. Now, Ethereum is once again seen as a potentially strong performer in 2018, warranting the creation of a fund.
Long
by UnknownUnicorn1159425
Cash Is King! Never too Much Cash!Volume supporting the move, momentum is building very very quickly this is all great news and makes for a great buy. We can see some powerful things from such a good coin and extremely reputable. Ethereum classic we all know it and we have all seen it on a heavy decline since its fork, however it seems to have found a bottom yesterday and the bottom is the same that was found back on the 24th of December 2017. On the daily today if we close well we will have a nice strong support line. Here we need the 4H candle to close outside the trend line drawn in blue. Is this a safe trade, YES IF running a tight stop, if we look at past pattern recognition for this coin you will see historic pullbacks on a downward trend that attract aggressive buyers. When it has a pullback I think buyers come in quite excited then realise it was just a pullback and not a breakout and dump out of it. It could be just another one of these situations so we are cautious and follow stop loss instructions. You will see past example circled in green. Why do I think this is different from the pullback last time? Check the Volume average the last pullback that went to break out did not have supporting volume now we do. We may see this again but we don’t care as we are prepared with stop losses in place to protect us. Low risk high reward is the name of the game. After the 4H closes if over the trend line and IF it has closed over the 20EMA we buy and we set stop loss on the blue line. Cash Is king guys, this will be yet another good set up to make some cash! *Available on multiple exchanges not just Bittrex.
by Cash-is-King
11
ETC/USD Short term correction before possible $60Hi guys I give you my primary count for ETC which has broken out nicely and is currently consolidating alongside BTC. Bearish cross on the 1H MACD indicates further downside. Chart self explanatory trade as you wish. We should get a strong bounce off our buy zone as more eyes have been on ETC than ever with its strong recovery compared to a lot of the bigger coins. There is also the Callisto airdrop I have heard about on 5th of March I believe, not that i trade on fundamentals but its an added bonus and it will likely mean traders are more eager to buy on the dips than usual. I have given a medium to long term target of $60 just above a 1:1 extension of the larger Elliot wave cycle wave 1 and wave 2 end estimate. * This is not financial advice*
BITFINEX:ETCUSDLong
by HyperionAllied
ETC short march#ETC after the fork is in a strong downtrend. And attempt to rebound from the level Fibo 0.50 was not successful. I think the downtrend will again gain its strength and breaks through the resistance level we will go below. 50% on Fibo The market agrees with Goldman Sachs that there will be another correction of #bitcoin and they will be below the previous low of 5900. I recommend placing orders at the lower line of the resistance line and try to catch them when breaking through this level. In long options at all not see... P. S. this is my thoughts and not a call to action...
Short
by Artmen007
($ETC) 3/12 1pm EST - #Ethereum Classic FINALLY uptrend 27.77%Anyone still holding ETC from back when the fork was supposed to create gains that didn't play out, here's some good news. So ETC is a bit of a tough question since the fork happened during a time when BTC -3.44% has been so unstable. But perhaps holding this extra little bit of time is actually a good thing, we might have sold early and missed this upswing that is brewing. This isn't a signal to buy more because we don't know when this breakout will happen (so we wouldn't recommend something that you might be forced to sit on for a while) but this is good news if you are sitting on ETC and thinking about getting your funds back up. The charts, when looking back from the beginning of Feb 6th to the peak Feb 20th shows us a break through resistance at the 0.618 Fib line but we are now sitting at the 0.786 line as support. The falling wedge when it completes the downtrend will give a probable upswing as indicated by the blue arrow. Expect a little bit more consolidation before this happens as the orange staggered EMAs are continuing to consolidate before they indicate a trend reversal. ETC 2hr chart: - fell through 0.618 fib - sitting at 0.786 fib support - falling wedge playing out - will result in upswing - staggered EMA's (orange) showing consolidation and possible trend reversal incoming If all plays out, can we see a possible 27.77% upswing?
BITFINEX:ETCUSDLong
by Kingkongtrading
3