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Ethereum Classic (ETC) Trading Setup & MomentumWhat Is Ethereum Classic (ETC)? Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC. Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time. Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH. Who Are the Founders of Ethereum Classic? Ethereum Classic is in fact the legacy chain of Ethereum, and its true creators are therefore the original Ethereum developers — Vitalik Buterin and Gavin Wood. A contentious hard fork on Ethereum occurred in July 2016, when participants disagreed over whether to revert the blockchain to cancel out the effects of a major hack. This impacted The DAO, a decentralized autonomous organization (DAO) which had raised approximately $150 million in an initial coin offering (ICO) several months earlier. Ethereum Classic came into being as the network which did not revert the chain. Developers state that there is no “official” team attached to the project, and that its “global development community is a permissionless 'do-ocracy,' where anyone can participate.” What Makes Ethereum Classic Unique? Ethereum Classic’s main aim is to preserve the Ethereum blockchain as it originally was, without artificially countering the DAO hack. Its appeal was first to those who disagreed with Ethereum’s response, but the legacy network has since gained a wider fan base, which include major investors such as Barry Silbert, former CEO of investment firm Grayscale. Reasons of trade: Old project, as usual, I've been trading in the past. Serious team coming from ETH, with a fan base which includes Barry Silbert. Trade valid as long as S2 holds. Current closed trades (with success!): Chiliz Digibyte BAT SC #1 SC #2 SC|BTC StormX Perlin For details comment at any time! Don't forget to like and follow if you find this helpful!
Long
by Chartomatic
ETC/BTC 130% up from our entry and still fuel for upward#ETC/BTC Profit Update:- #ETC currently trading at 4550 Satoshi And Our entry was 2000-2100 Satoshi Now 130% up from our entry. Hope you enjoying our Profit ride. Entry:- 2050 Satoshi ✅ TP1:- 3028 Satoshi ✅ TP2:- 5101 Satoshi Pending Don’t forget to book profit. I Am seling here my Principal amount. And some profit also. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
6
ETCUSDT 176% profit without leverage & still I am expecting $50#ETC/USDT Profit Update:- $ETC currently trading at $25.80 So now almost 176% profit from our entry. Entry 1:- $11.66 ✅ Entry2:- $9.4 ✅ Now our First Target has been achieved. TP1:- $21.30 ✅ TP2:- 37.40 Waiting Personally still I am expecting $50 Target. But I sold here my principal amount and holding profit. So Trade in safe zone. Enjoy the ride. Support:- $21/$15 Resistance: $37/$62/$110 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
KRAKEN:ETCUSDLong
by CryptoPatel
8
Ethereum Classic (ETC) - April 11Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a good day. ---------------------------------- The volatility around April 12th (April 11th-13th) will have to see if there is any movement that deviates from the 16.5310793-22.9095781 range. In particular, we have to see if we can get support in the 19.7203287-20.7834118 range. You should watch for movement to touch the critical point, point 26.2054400. If you decline at 16.3195170, you need a short stop loss. ------------------------------------- (ETCBTC 1W chart) (1D chart) We have to see if we can get support and climb in the 3070 Satoshi-3541 Satoshi section. If it is supported by the 3070 Satoshi branch, it is expected to continue the upward trend. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
HITBTC:ETCUSD
by readCrypto
4
ETC/BTC 500% potential from here so what can we do..?#ETC/BTC TA Update :- #ETC currently trading at $2150 Satoshi And this level is very strong level and I can expect big bounce from here. Black support line is very Important line. Above this line very bullish #ETC/BTC Entry:- 2050-2150 Satoshi Targets:- 3028/5101/7242/12625 sat Stop Loss:- No need for stop loss but still you want then if any daily candle close below 2000 Satoshi then you can exit but also remember again if any daily candle close above 2000 Satoshi then again enter. I can expect 500% from here. Please click LIKe button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
8
ETC cycles in USD and BTC pairsOver the last several weeks there have been recurring cycles of inflow into ETC as both BTC and ETH continue to rise. This is to be expected with the USD pair, but the BTC pair has also experienced sensational inflow at times when BTC price action hesitates. There have been two instances of just a couple day's worth of time that provided opportunities to double a BTC investment by using the ETCBTC pair all while BTC continues its historic rise in terms of USD. The cycle currently appears to be approaching a third instance and I plan to watch closely. A brief wick downwards has preceded each ETCBTC spike and may provide a good opportunity for entry.
Long
by Yrat
5