Etclong
What Would You Do? ft. Ethereum Classic Forget about ETC for a moment. Forget about the price, forget about the fundamentals, forget about everything. Just look at what's right in front of you. This right here is a piece of history, happening right in front of you. The only question is, "What would you do?"
ETC/USD Time to saddle ETC. The Benice team welcome you.
Etherium Classic, ETC has become today a dark horse that looms among the barely living bulls.
Under the slogans "code is the law" and "blockchain must remain unchanged", Etherium Classic appeared, denying the fork of the Etherium network.
It all started with the fact that they hacked an Autonomous investment Fund based on the Etherium network, from which they withdrew ETH in the amount of $ 50 million. After that, the backbone of the Ethereum developers decided that they were not ready to accept the fact of theft and returned back all the unwanted transactions.
There were also those who believed that interference in the history of the code is contrary to the ideology of the blockchain. They joined the group and created Ethereum Classic, which kept the original Ethereum network without hard fork and direct outside interference.
Unlike forked Ethereum, Ethereum platform Classic not announced any major project. The creators of Classic copy all tested Etherium solutions to avoid errors.
At the same time Etherium acts in all this history as "cannon fodder", and Etherium Classic as the cunning kitten ready to be on friendly terms with a hamster.
In General, with the growth of the market, coins of this kind are amenable to the General trend, and in the presence of a fundamental reason, they actively sway in the direction of the nature of the news.
From the official release, the following events are still to come in 2018:
August 20, 2018. Listing on the exchange Bittrex ETC/USD.
September 12th. The second annual Summit.
November 30th. "Fully compatible with the Internet of things.”
December 31st. Improving EVM.
In General, Road Map is difficult to understand. What do they mean by “Internet of things compatibility”?
White paper in the project is missing.
The speed of code update is very small, which means that there are better alternatives among the coins.
In the shell chat ETC all 5200 participants. At Bitshares with the same number of participants place in the market capitalization is much lower. In addition, telegram chat ETC gathered 8.8 thousand participants, while EOS, which also shares a place in the top ten capitalization, has more than 50,000 participants.
It follows that there is a lot of money in the coin, which is a positive signal from the point of view of the stability of the coin.
The number of transactions in the ETC network is 12 times less than in ETH, with capitalization less than 20 times. Accordingly, ETC can be considered a relatively undervalued coin.
Given the upcoming event, in THE form of etc/USD listing, there are good reasons to include this coin in your speculative portfolio.
Technically, the coin bounced from the level of 78.6 % correction to the growth of Fibonacci, pushing at the same time from 1/4 fan Gunn.
In addition, demonstrating the lows of the beginning year, the coin ahead of the other altcoins pace, went into a rebound.
In case of positive signals from the market, the coin has good reason to grow with targets of 17.500 and 22.500. At the same time, in the case of a General decline in the market, the reduction targets may be 10.200 and 6.400.
We propose to include this coin in the speculative portfolio. The entry level is 12.960. Long position with designated targets.
You can signal, too.
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Ether Classic (ETC) Descending pattern, another rally possible.ETC is now in a descending channel. I would be wary about trading this coin since Tron basically had the exact same thing happen to it. If we keep on getting lower and lower highs it means the trend will be down.
Therefore, if you hold ETC, I would recommend getting rid of it for the best price possible. We could be getting another rally to 2600+, so if that does happen, consider selling your position.
I know many of you held ETC due to the hype and fomo, but the pattern shown is like every other altcoin pump during Jan, where it peaks then drops for the next few candles.
This was my private ETC chart after the pump last night. I'll admit I missed out on quite a bit of gains, but it felt to dangerous for me to enter. We were getting drops of 2% in around 5 minutes.
Thanks for viewing. If any of you would like to get my private charts, please update me and I will share them all with you. This is an example of a ZRX and SNM trades I did just now:
ETHEREUM CLASSIC: COINBASE & ROBINHOOD? - PROFIT = 38.80% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of July 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 38.80% PROFIT!!!
The increase in price may also be explained by positive developments including:
May 3: London Block Exchange Enables GBP Trading for Ethereum 1.04% -0.11% Classic ETC.
May 3: Ethereum Classic announces release of go-ethereum v5.2.0.
May 6: Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum 1.04% -0.11% -0.03% -0.75% Classic Investment Trust.
May 6: Ethereum -0.11% Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github.
May 16: Ethereum -0.11% Classic Labs is launched. Its main aims are to accelerate the development, expansion, and prosperity of the $ETC community and the entire ETC ecosystem by promoting smart contract applications based on $ETC
May 23: London Block Exchange lists Ethereum 1.04% -0.11% Classic.
May 24: Ethereum 1.04% -0.11% Classic upgrades via the Mantis V1.1 Performance Release. This allows for the following features:
May 25: Spyrja: Modular Asset Tracking Software is launched on the $ETC Blockchain.
May 29: Open Bazaar lists Ethereum 1.04% Classic.
May 30: Ethereum Classic announces Protocol upgrade for ECIP-1041.
May 31: Ethereum 1.04% Classic announces that the OpenStack Credits System to be Implemented as an $ETC side chain.
June 7: Coinpayments (crypto payments processor) announces its acceptance of Ethereum 1.04% -0.11% Classic.
June 7: Ethereum -0.11% Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China.
June 8: Stocks Gazzette releases article that states that Ethereum 1.04% -0.11% Classic is a grossly undervalued coin.
June 10: Thailand’s regulatory body, The Securities and Exchange Commission, have approved a list of 7 cryptocurrencies that can be used as payment for ICOs and as trading pairs on exchanges. This includes Ethereum 1.04% -0.11% Classic.
June 12: Binance adds new Ethereum 1.04% Classic trading pairs.
June 12: Coinbase announces it will list Ethereum 1.04% Classic in the "following months".
June 14: Ethereum 1.04% -0.03% Classic Labs is launched that will provide a full range of support, including operating funds, technical guidance, office space, industrial resources, creative strategy consulting, & more.
June 15: SEC announces that Ethereum 1.04% is not a security.
June 23: CoinBene Brasil lists Ethereum 1.04% Classic.
June 23: Nova Exchange lists Ethereum 1.04% Classic.
June 24: RADEX: Saturn Network launches the First Decentralized Platform for Ethereum 1.04% Classic called Radex Classic.
(NEW) August 5: Coinbase announces it is testing support for Ethereum Classic.
(NEW) August 6: BitOasis lists Ethereum Classic
(NEW) August 6: Coinbase announced that, barring any setbacks, they’d be greenlighting “inbound transfers” of Ethereum Classic on Coinbase Pro and Coinbase Prime as of August 7th
(NEW) August 7: Ethereum Classic Overtakes NEO in Market Cap.
(NEW) August 7: Crypto Trading App Robinhood Adds Support for Ethereum Classic.
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
ETC CRITICAL POINT Traders,
- Here we have ETCUSD 4H chart.
- Twitter has a word for this pair, as any tweet from coinbase whoop to gain 10:20%.
- We had a fake breaking down as I'm indicating on the chart.
- Small triangle with this fake break, showing that we have double double ratio coming so we are talking about 60:90% gains, don't take it as a recommendation it's a humble vision of mine trade safe at the end.
Regards,
Mohsen
ETC. We test global support.I have provided global support in the form of a pink channel. This is 4 attempts by sellers to break through this support. The critical point of the coin in the price zone is $ 13-15. If buyers keep this zone, then after consolidation I expect $ 25 per coin.
If buyers do not keep price zones 13-15 $ - then the coin will go in the green scenario to $ 10.
Ethereum Classic (ETC) Bearish Divergence, drop likely.ETC has been on my watchlist for a while, and recently closed my position in anticipation for the sell-off after a 2.4% gain.
Trade can be found here
Due to the bearish divergence on the RSI, it is very possible ETC will drop, so this could be a good short position.
How to trade:
Buy in: On or above the white trendline
Sell Target
Around 2169 if this idea plays out like last time.
if we break above, this will be invalidated and a long position might be a good idea. I think it's going to drop, however.
Thanks for viewing! Please leave any comments in the section below. I will respond to all of them.
ETCUSD Is a Rocket Ready to LaunchTwo wedges appear to be converging at the same point, with pending Coinbase news on bringing the ETC market live, this looks primed to break out.
Conversely all it would take was another bitcoin dip to throw it all off.
Not investment advice, DYOR, good luck trading, etc.
ETC Hi everyone!
In the 1 hr chart seems that an inverted H&S is in formation.
If this goes well, could be a good chance to have 5-6% profit in one trade.
If you scroll to zoom out you will see a bigger idea, an C&H pattern and respective target marked.
So, if this goes VERY well, this H&S movement could be the begining of a bigger run.
Educational Only
If you like my ideas please hit Like, leave a comment, share them and follow me for more!
GoodTrade
-CJ-
ETCBTC (using Bitmex Cobra)Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one.
Percent profitable: +78%
Profit Factor: >5.3
Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you should buy or short the market. With Bitmex Cobra you are always in full control of your trading no matter how the market moves.
Check the List of Trades Tab as well to see past trades.
P.s. Bitmex Cobra is an invite only script with 2 day free access!
ETC. Global buy zone. I want to buy for 13$During the last month, ETC has seriously increased its volumes and well shot at Bitcoin's growth. The blue channel is a bay zone. It's hard to get into this zone; good moves start with it.
Classic froze its fall and entered consolidation. I am waiting for 2 scenarios:
1) A small correction in the price zone of 14.75 - 15.5 $
2) Test of the bottom of the channel 12.8-13. $
Targets:
1) $ 20-22
2) $ 28-30
ETC LAUNCH Traders,
Here we have ETCUSD 4H chart.
This monster is preparing for its big move next few weeks but we have levels to break
1-17.8$
2-19$
3-20$
4-The Heaviest level will be at 24$
We have a question: Are we bullish ?
Ans: Not yet till we have a separation of BTC moves like ltc,eth and bcc done, so when?
After breaking 24$ level so we will take this pair as a serious bullish monster.
Regards,
Mohsen
ETHEREUM: MARKET RECOVERY - PROFIT = 18.76 !!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 29th of June 2018 .
Using this buy in point and selling at today's price, you would have expected to net 18.76% PROFIT!!!
The price increase is the result of a recovery in the overall crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
The original Ethereum.Ethereum Classic has Immutability, it can do anything that Ethereum does but with this extra feature.
It's the most Bullish coin i have seen on this Crypto Market.
Don't be fooled this could take a while to lift off or it can dump, but the most probable scenario i'm looking at it's UP
Be safe.
ETC $350+ By September 2018Past performance does not indicate future results and I agree. However, the difference this time is that ETC is going to be listed on Coinbase. So, if anything, I expect the rally to be even more aggressive. Having said that, this is mere speculation nothing more. The point of technical analysis is to highlight possibilities and that is what I have done. It does not mean that ETC will definitely hit $350+ or it will not go any higher. Breaking this statement down, logically, a price of $350 would put Ethereum Classic at a market cap of $36 billion, which does not seem unrealistic at all. It is pertinent to note that Ethereum Classic is a lot different than Litecoin or Bitcoin Cash and its addition to Coinbase will have far reaching effects, not because of the Coinbase FOMO but because of the traction and support the Ethereum Classic community is going to get as a consequence of it.
Do your own research and due diligence. This is not financial advice. Trade safe. :')