ETC - $45.21ETC is currently trading close to the resistance zone at $32.75. If it can break this resistance, we could start seeing a move towards $35.07, $38.40 and $45.21 beyond which it will enter a price discovery mode. Failure to break the resistance at $32.75 could lead to a drop towards $30.09 and $26.94.
ETCUSD
ETCUSDT - LONG SETUPETC is looking bullish , market has now provided us with a beautiful correction... i am now expecting the continuation to the upside and market to form a higher high from a daily perspective, on the 4hr timeframe we can see market is currently respecting this area of resistance i am waiting for a close above this zone before i cane execute the long on the retest.
ETC to new ATH in short orderETC successfully bounced off the .382 level on the fib just as previously predicted. It's now pushed (albeit somewhat sideways) through the recent downtrend. The crypto market has been skittish of late with the risk of DOGE (which many view as worthless) and the rapid fall of Bitcoin; however, with both bitcoin stabilizing and Dogecoin seemingly turning into the crypto pumpkin, there's $50B worth of Dogecoin market cap that's likely going to be spread around the other altcoins - and especially into a solid performer like ETC.
I put my money where my mouth is - 75% of my crypto portfolio was just funneled into ETC as the best altcoin alternative to DOGE.
Intro to SwayzePunkz: Should I trust Crypto Markets?! 👾I've made posts about this topic previously on my personal account, but it's time to show you what SwayzePunkz is all about.
Disclaimer, just a dude that has some experience in the trading community, since 2018. This seems to be something I'm naturally good at, so I would like to share some of my thoughts... Not trading advice, just a dude with something relevant to say...
In 2019, I made some Facebook posts in a Trading group called Advanced Traders that showed what I had learned in 365 days of trading. This brought me a lot of attention in that community as my view of the charts was vastly easier to grasp to most... and at that, a helluva lot more comprehensive, using nothing but human psychology to wade my way through this madness. I've always been fascinated with psychology, and have devoted 1000+ hours to the literature, for this, I think you may want to hear what I have to say... from this point forward. So to start, follow me on all social media (@swayzepunkz) but most importantly, here. Where I will be doing daily posts on charting, watchlists, and everything Blockchain-related.
Let's dig in, shall we:
First off, Crypto markets are an amazing place for beginner traders to begin. With only shy of 1200 coins and tokens to choose from, the market is saturated with growth potential across each coin! I'll touch on this in later posts, but for now, I want you to understand WHY CRYPTO?
To begin, Crypto markets are young, but not naive. They were created by some of the greatest tech minds this world has to offer. People such as Elon Musk even get a thrill out of it (arguably one of the most intelligent thinkers of our generation). With the age of Digitalization, from the beginnings of television; to the most recent advancements in Quantum computing, we have to agree, digitalization has just begun. An offspring of this digital world is something we all call Blockchain, a digital machine that effectively creates a trustless accounting system for any globalized currency. This makes an interesting concept, with no banks, tellers, or even pens, blockchains can operate. Without banks, tellers, and old accounting techniques we can assume automatically, without a doubt a cheaper, more efficient, and more secure system (this part will shock you).
In the last decades, programmers have been blessed with some of the greatest technologies of our lifetime, the ability to (at home), use a computer to program applications and programs from PayPal to Minecraft. Everything you use today was programmed almost the same way, CODE. Code is the logical rhythm of words, letters, numbers, and special characters used in a certain pattern to navigate a computer through a certain list of commands called "Protocols". Same with your morning routine, you must wake up before you brush your teeth, and place toothpaste on the brush before that. Otherwise, you'll notice ERRORS. (a dry toothbrush or waking up with a brush in your mouth would be an ERROR). Now alternatively, a system that runs harmoniously is "perfect" so that it avoids errors by following a very comprehensive list of rules (protocols). This is only part of the Cryptocurrency game, another huge aspect is the word Crypto derived from the word Encryption. Since World War II we have been encrypting messages to fool those who would use this information maliciously. Because who wants the enemy to know your plan? Same with Crypto, although, your "enemy" is anyone who is not, you, or the person you are transacting with.
"What's this have to do with this BitCoin"
Well, it's not just BitCoin, this is the entire system, predicated on P2P transactions with perfectly harmonious protocols that ENSURE your safety, privacy, and protection.
We'll cover a heck of a lot more content like this in future posts. We're super glad to have shared this post about Crypto Security, follow us where ever you enjoy consuming content. We'll likely be there @SwayzePunkz.... (YouTube will be in about a month)
For now, here's my watchlist for the Week top 5:
1. $CIX is your best bet for watching overall market trends, think of this as your NASDAQ or TSX indices.
2. Carrying some massive momentum from last week, you know I'm watching $DOGEUSDT. This one has so much damn volume, it's insane. The people are shouting for $1.00 and I believe they'll give it all they've got to get there.
3. $BTCUSDT, I look at this similarly to a market index, something like the S&P 500, Russel, Dow Jones Industrial, and the like. This coin is going to make a ravishing push toward a new high, but we'll be watching this closely, as it's borderline on that support line, and it kinda freaks me out, but still bullish AF... It's kind of like a Bull Walk, not yet a Bull Run.
4. This one is kinda a tie... $ETHUSDT and $ETCUSDT were watching these on a comparative level, trying to understand any deviations because these two are like brother and sister, but eventually one is going to be the favorite of the family.
5. Lastly, I wanted to say $XRPUSDT but I would lead you into the unknown, that's why you're here - to get good relevant information. Although I like the spread on XRP rn, I don't like the chart, it's sloppy. We'll revisit this next week. So to give you one, that I'm going to hail mary on (once my Binance account is set up) $DOTUSDT... I'll leave this one for you to check out, but we'll be talking about this a lot, soon. So I'll leave this as a take-home research project...
Like always, trade carefully, make your own decisions and stick to them, never second guess yourself, and be okay with taking a loss if it means huge gains somewhere else.
Follow us @swayzepunkz anywhere you'd like. We're trying to be everywhere. Check out our Link, to find more content about this entire cultural/digital shift, and also a few promotional offers from our friends at MOGO, Binance, and of course, the best place to get your charts (exactly how you like them TradingView!
linktr.ee
ETCUSDT (Channel Breakout)ETCUSDT (1H Chart) Technical Analysis Update
Descending channel breakout
ETC/USDT currently trading at $0.1335
Buy-level: $35.75- $37.00
Stop loss: $31.60
Target 1: $41.75
Target 2: $46.00
Target 3: $50.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Ethereum Classic's Fork LiftEthereum Classic (ETC) has had a great start to 2021 with the price rising 600% YTD. The hash rate of the ETC network has been rising steadily since the three year low as seen in early September last year. The Price has followed suit from the off in 2021. This has resulted in making the network more attractive to miners which in turn increases the security of the project. We went long on 07 February and are +373% in a little over two months.
Ethereum Classic is a global, open-source blockchain platform for decentralized applications (DAPPS), powered by smart contracts and has its own native digital currency ie. ETC. Ethereum Classic is actually the original legacy chain of the Ethereum network. It emerged after a contentious hard fork on the Ethereum blockchain in July 2016 after a disagreement over reverting the blockchain to reverse a hacking. The hacking involved DAO or the decentralized autonomous organization, which had raised $150 million in an initial coin offering months earlier. Whereas ETC did not revert the chain, ETH followed another course. Both the coins support smart contracts, but ETH has taken a performance-based path in its 2.0 rollout as it moves to a Proof of Stake model. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Greyscale Investments, established by Digital Currency Group in 2013 have created 14 Digial Asset Trusts including one for Ethereum Classic. The ETC trust is now the third largest digital asset trust on Greyscale's books: tokenview.com
Ethereum Classic has a circulating supply of 130 Million ETC coins and a max supply of 211 Million. Binance is currently most active market trading it.
We spotted an opportunity in early February as a result of the rising hash rate which had been in evidence over the previous months and with the price having retraced 420% from its all time high, we decided to take the plunge. Today we see a 18% pullback in the price from its all time high set just 14 hours ago. After the recent rally, this pullback may see a few sniffer dogs arrive on the scene. Will you be one of them?
ETC/USDT 416% profit now and time to book huge profit#ETC/USDT Profit update:
$ETC currently trading at $46 and now you are in huge profit.
417% pure profit without leverage.
Entry was : $10 ✅
TP1: $21 ✅
TP2: $42-$45 ✅
TPs : Pending ( hold only 5-10% of your profit )
Guys hope you very very happy with my analysis.
Now please close trade and book profit here.
I closed 100% positions here because I am happy with huge profit.
No matter what will Top of $ETC/USDT
Resistance: $45
Now $45 is very very strong support level.
If hold this and sustain above $45 leave then Next move towards $100 but for safe side book profit.
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ETC/BTC 271% up from our entry so now time to book profit#ETC/BTC Profit Update:-
#ETC currently trading at 7200 Satoshi
And Our entry was 2000-2100 Satoshi
Now 270% up from our entry.
Hope you enjoying our Profit ride.
Entry:- 2050 Satoshi ✅
TP1:- 3028 Satoshi ✅
TP2:- 5101 Satoshi ✅
TP3:- 7242 Satoshi ✅
Now 270% pure profit from our entry.
Don’t forget to book profit.
I am closing 100% positions here.
And don’t be greedy.
If you want to hold then only hold 10% positions and sell 90% positions here.
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Must follow me for latest crypto real time updates.
Thank you.
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!
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