Waiting Game ETCUSD: Bullish long term scenarioHello traders and investors!
Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH).
if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be bullish and consider the current correction a deep Primary Wave 2.
Using the Pitchfork from the origin, Primary 1 ended at the Pitchfork Middle Line. A deep Primary 2, completion of Minor wave Y, would correspond a Fibonacci Cluster next to the Pitchfork bottom line.
By using the traditional 1.618 Fibonacci extensions to target Primary Wave 3, I bearly believe my eyes... will ETC reach $2591?
Let's see what will happen.... No rush to buy the dip
ETCUSD
ETHEREUM CLASSIC, a long term vision. ETCUSDTHello my friends, A multi timeframe analysis of ETC and a long term vision for investment. We have a beautiful W pattern which the price broke the neckline and retesting it. you can consider it and the price actions in the circles to buy it. Good luck
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ETCUSD - 4H Uptrend resumed with super bullish 1-2 1-2 pattern ?Hello traders and investors,
Today we are looking at the possibility that the primary 2 (blue) is complete and we have now resumed the uptrend in a sort of 1-2 1-2 pattern. If this will be the case the next move up will be wave 3 (minute) of 3 (minor) of 3 (intermediate), which in theory should be quite visible as an explosive impulse.
In terms of market geometry and pitchfork, both wave 1 minor and minute stopped at the 38.2% pitchfork line.
Let's see what will happen
ETC/USD (Retest Previous Resistance)💎Technical Analysis Summary💎
ETC/USD
-Ethereum Classic is back at a key area of interest
-This zone has been respected as Support and Resistance level
-We can see the EMAs are confluence in this zone
-There is a good chance of bounce in the coming days
-Provided Bitcoin will remain stable or rising up
-Good luck and please manage your risk before opening a trade
⚠️Please always read the description⚠️
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Not Financial Advice 💸
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ETC/USD The price is inside an uptrend channel where the price is rising to the ceiling after falling into the middle of the channel.Write in the comments all your questions and instruments analysis of which you want to see.
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Who's down for a game of Peek-A-Boo?!?!? ETCUSD Hello Trading View Community,
Looks like ETCUSD is playing a game of Peek-A-Boo using the current resistance zone to hide and reveal itself .. If ETCUSD can manage to overcome this level, 0.382 Fib zone could be the next target zone. Keep in mind this is the 4th attempt in 7 days trying to peek above current resistance zone, if it fails we could see price drop back down to the mid/low $50s.
Thank you guys for checking out this idea on ETCUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise.
ETC $100+ This CycleEthereum Classic looks just like the leading coins in terms of chart patterns. ETC wants to take another run up towards its local high just like other big projects are doing right now such as ADA, SOL.
ADA is coming up towards $2.30 and SOL is heading upwards to $55.
ETC bottomed out along the $38 level which was the swing high found in April right before the pump from $38 - $148.
This time it has slowly been gaining under our noses and recently bounced off of $59 to hit $73.
From here, i'm expecting a little bit of a pullback before we continue climbing upwards towards the $93 - $95 take profit zone.
ETC is going to come back up and hit its local high this year on this upcoming parabolic cycle and find new highs after reaching $148+ in the price discovery zone at that point.
As always please do your own research, I am not a financial advisor.
I'm back again with introducing a new rocket 🚀 In previous post i talked about ripple(the post linked below) and you saw how ripple did its best even while bitcoin is going down. Now i wanna tell you about new rocket that will be launched soon.
ETCUSDT or ethereum classic don't miss it guys i see lots of profits on daily chart!
ETCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, we have drawn a support line for you and we expect the price to be supported in that area. And we drew a resistance line for us that if it breaks and stabilizes, it can experience higher prices. But in case of falling prices and penetration below the support line, we consider further falls.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Ethereum Classic ETC - MASSIVE parallel channel + TRIANGLE!- We have a huge parallel ascending channel on the daily chart, which provide us with great support/resistance!
- Bullish volume is much higher, than bearish volume!
- Ascending triangle is also very bullish!
- The price is above 200 daily moving average.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Update 3940$ ETHEREUM +7000$ expectationI'm not fomo, I'm telling you what happens, the first target is here, then when it breaks it can go up to the $ 7000 band. Beware of Bitcoin.
Ethereum Greed. Ethereum Ultra Bullish.
ETH/BTC Bitcoin short.
Not investment area
I have already said that ethereum will be number 1, it will go to $ 7000 first and then to $ 10,000.
not investment idea.
Major hard fork upgrades since inception & impact on pricesIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
In a few hours, block number 12,965,000 will be mined on the Ethereum network and the ‘ London Hard Fork ’ upgrade will be implemented. As of writing this post, the data from Etherscan shows that block 12,963,799 just got added to the network.
A lot of hype has been doing the rounds since this upgrade was announced. The hype became even more resounding over the past couple of weeks.
In this post, we will explore what these hard fork upgrades mean for the network. We will explore all the major hard fork upgrades to the Ethereum network since its inception, and the corresponding impact on the prices.
Layman’s language for the definition of Fork: Blockchain networks such as Ethereum have a community. This community agrees or disagrees with a change in the network. It is often done to ensure that the network functions as smoothly as possible. In some cases, these hard forks are implemented to protect the network against potential harm, which we will subsequently discuss.
Types of forks
Codebase Forks : Copy of the original code, to allow for minor tweaks without developing the whole blockchain code from scratch.
Blockchain Forks : Branching or splitting a blockchain’s whole transaction history, causing the new network to develop a distinct identity.
Soft Forks : Gradual software upgrades—bug fixes, security checks, and new features.
Hard Forks : A permanent modification on the blockchain
We will discuss the Hard Forks that have occurred since the inception of the Ethereum network.
✔ Ice Age : It was implemented on September 8, 2015
In order to guarantee to switch from PoW to PoS within 16 months after Ethereum’s initial release, an exponential difficulty increase was added that would noticeably slow down new blocks being mined after about a year. After that time, the network would reach an “Ice Age,” where the difficulty would exponentially increase until it would be too high for anyone to find a block.
The Ice Age gets manually delayed by a subsequent hard fork every time.
Price saw an approximate 10% jump prior to the upgrade
✔ Homestead : It was implemented in March 15, 2016
It went live at block number 1,150,000. ETH's price jumped more than 1477% in the first 3 months of 2016. 14.77x return to investors in a matter of 3 months!
✔ The DAO : It went live on July 20, 2016
This upgrade was to save the network from further damage. A vulnerability on the network allowed an exploiter to walk away with 3.6 million ETH. To fix this vulnerability, the DAO hard fork was implemented. It also created the well-known cousin of Ethereum, the ETC or Ethereum Classic.
✔ Constantinople AKA St. Petersburg : It was implemented in February 28, 2019
Price dropped more than 16% from the recent peak.
✔ Atlantis : It was implemented on September 12, 2019
This September 2019 hard fork event required all software users to upgrade their clients in order to stay with the current network. Enhancements included better security, stability, and network performance for higher volumes of traffic.
✔ London Hard Fork : It will be implemented on August 5, 2021
EIP-1559 aims to strengthen the ecosystem of Ethereum — which is known for its smart contract capabilities that power DeFi, or decentralized finance, apps and NFTs, or non-fungible tokens among other improvements.
( Have added the image to the analysis, so that it can be downloaded and referenced)
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