Etclong
ETC Long Entry 08/06/18I have been watching ETC for the past week or so, I think it is going to make a spike and I think it is going to happen soon. Will look for an entry somewhere here between 14.50 and 15.50, get an entry on lower timeframe. My target for this is around $24.
You can play this with margin on Bitfinex. Buy some ETC and play with 50% of it on a long.
Do keep your eye on BTC incase it drops, if it does get out of the trade but keep an eye on this in the coming weeks. It only needs money to enter to get going.
Actually if you look at bitfinx homepage, you can see the cash volume on there pairs. Look for the ones where money is starting to flow in. Its a good sign for action.
Enter: 14.50 - 15.50
Target: $18 - $24
SL: $14
Zoomed out view
Nice volume spike vs BTC, I think high 20's a target vs BTC.
ETC 13$ 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
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.
Ethereum classic TO MOON AND BEYONDWykoff Accumulation phases
Here is a figure to know the wykoff theory
d.stockcharts.com
buying territories is in blue boxes
Fisrt box around 210k-190k (LPs)
if dropped further
Second box around 160k - 120K (Spring phase)
then a mark up to the moon
just remember it's just an idea that could happen depending in the market it's self
50 likes if u want to get updated when idea is validated
Here is the link for roadmap
www.etcdevteam.com
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.
ETHEREUM CLASSIC: NEW DEVELOPMENTS - PROFIT = 26.64% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 24.90% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Rency.com Ratings & Analytics Adds Ethereum Classic $ETC.
May 1: Ethereum Classic announces update to Mantis v1.1 Client.
May 2: Annoncement that ETC consistently handles more transactions per day than: $Doge, $DASH, $BCH, $LTC, and $XMR.
May 3: London Block Exchange Enables GBP Trading for Ethereum Classic ETC.
May 3: Ethereum Classic announces release of go-ethereum v5.2.0.
May 4: Emerald Vault v0.22 application is released. It allows for: Secure offline / cold storage ETC account management.
May 4: FastTech.com Accepts ETC as Payment.
May 6: Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum Classic Investment Trust.
May 6: Ethereum Classic announces support for Ethereum Classic Command Line application on Linux.
May 6: Ethereum Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github.
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
Ethereum Classic(ETC) Is Ready to Hit All Time High BITTREX:ETCBTC is One Of the top Crypto Currency,
Now the Price is almost 350% from the AllTimeHigh,
As per as charts, this coin have been significantly into buying zone. and still in downtrend.
In Past, the prices are Pumping from this level.
There is a Strong Support is at 200K, Price is almost at bottom.
Price is needs to break the resistance trendline to get the hell out of this downtrend.
So We can Expect min. 2X from this coin in Upcoming Days.
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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ETC NEW ALL TIME HIGHHello,
I have long been following the ETC and I think it has not yet revealed its potential. It is still better than big Ethereum. A few days ago, I got information from an acquaintance who holds up to 100,000 coins and quite a BTC that in a month or so, a grand ETC's grandiose pump has historically will been made. The source has been verified and has not lied to me so far. The time when they will start pouring money coincides with the release of the wallet and the strong fork. The informant told me that it is expected to reach $300 per unit and he say me only then start thinking about selling. This means that can go up to 500$. So just wait. Personally, I bought a lot of coins when I was under $ 15 and I think I'd wait, be patient. Ethereum classic is a great coin with a lot of potential...
This is not a recommendation for an investment, I just share information.
Resistance based on Fibonacci Retracement
1-25$
2-31$
3-42$
4-51$
5-73$
6-110$
7-172$
??-300$
Ethereum Classic (ETC), Emerald Wallet and possible targetsAfter nasty dropoff ETC showing signs of a trend reversal, we expect bullish momentum and all targets hit in 2 weeks!
We have our unique way of Elliott Wave projections, considering also possible resistance zones and combining that together to set our targets.
On the fundamental side - only 9 days to Emerald Wallet release! Can be huge!
BUY ZONE
0.00200000 - 0.00210000
SELL TARGET
T1: 0.00249900
T2: 0.00269900
T3: 0.00289900
STOP-LOSS
0.00195000
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Ethereum Classic update: 4hr tf analysisThe previous post for the 4 hour timeframe Elliott wave analysis of Ethereum classic can be found here:
This post provides an update. Price swing currently from the end of minor wave 3 (in red) up to ~$20.79 has been identified as a minor wave 4 position.
Ethereum classic based on this analysis is therefore in a minor wave 5 position. The implication of this is for Ethereum classic to close lower than $14.51 (the termination point of minor wave 3) before any bullish move can be sustained.
Point of invalidation (POI) for this analysis is a price close above minute wave ((ii)) of minor wave 5 i.e. $19.32, before Ethereum classic closes below $14.51.
Fellow bag holder patiently waiting I really doubt we will see any significant price movement until April or May. I believe we will stay in this support zone until overall market sentiment changes.
The RSI on the daily is giving oversold signs so we could see some retest of ~.26 levels in the near future.
We also could always go lower but I think we would need something really bad to bring us below .18k sats.
Overall I'm gonna hold this bag for these (speculative) reasons:
I've noticed that ADA and IOHK are working close with the ETC team. This can be shown by the Daedalus Wallet preparing to accept BTC and ETC in the near future.
Also with ETH shifting to POS there will be mining companies looking for something new to mine. Will that be ETC? Who knows...
This is only my second published TA so please commit what you think and if I can improve anything.
Thanks for reading :) and happy trading