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Ethereum-classic

ETC - The forgotten I don't want to spend too long on Ethereum Classic, because I don't think it would deserve too much attention, other to say that this should get a big boost from the miners that are leaving Ethereum. I understand that BTC is getting its all time high right now, so this will drop in the very short term. TA: - Golden Cross of 50MA over the 100MA with very bullish movement directly after. - Bullish Divergence of RSI, as Price declines yet RSI improves with higher lows. - Price movement moves up and over the 200MA, after bouncing down from it previously. This is set up to be future support, which could lead to a very substantial bullish movement if it bounces from it. Some History on this idea: To understand why I would pick a project that has been hacked so many times, we need to think about what is happening on Ethereum currently. We had a Proof of Work coin, that has been #2 Market Cap since it started, and has shown signs of fast paced growth vs Bitcoin. However, as of 2020, Ethereum decided to start down a new path, one that will end mining on Ethereum forever, and will become a Proof of Stake coin. The Miners, who were already upset at the decision, were dealt another blow as Vitalik introduced EIP1559 - coincodex.com EIP1559, as shown from the Article, is set to greatly lower the amount of Gas fees of Ethereum, by removing inefficiencies that coincidentally help enrich the miners. The miners have not been silent about this change, and have threatened everything, even hacking the project itself. With the revolution currently raging, the next logical project that reminds miners of Ethereum, is Ethereum! Classic. ETC is still the original Proof of Work project that resulted from a Fork early on. My theory is that as time goes on, and it becomes less profitable to mine ETH, which eventually goes down to 0 - that ETC will take its place as the preferred coin to mine, which will result in a pretty substantial gain in the price of ETC. I think it will happen during the next 3 months.
Long
by Shwayze
4
ETCETH - Very BullishThis trading pair is very bullish. It would be wise to swap a few eth for etc if you have any. ETC also seems to be a good buy in general based on this analysis. The gray slant trend line is a magnet, so the pair should see a parabolic rise soon. There is also a very long term falling wedge. Putting both ideas together leads me to believe in high targets for this pair. Swap and hold or buy some ETC. It should work out. Expecting a triple up to 0.025, so with current prices ETCUSD would be $36.
Long
by UnknownUnicorn8174991
Ethereum Classic Vs USD for 02.08.2021Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... Hourly Chart is being used for this post! It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it. From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line! I would love to hear what you think about this post! Happy trading, and thanks for reading.
COINBASE:ETCUSD
by ADHDing_
1
[$ETC] Vision CT Ethereum Classic - Fork comingBonjour à tous, Le graphique parle de lui même :) On vise un retest de la Kijun Weekly et avec l'événement du Fork arrivant, certains investisseurs pourraient spéculer à la hausse le prix de l'$ETC. Cela correspondrait à la borne haute du canal haussier depuis le krash du 12 mars ! Un target vers 8$ - 8,50$ permet de proposer de beaux gains en cas de succès. Le $BTC est revenu après une belle impulsion hier et semble corriger , à voir où nous retrouvons de la liquidité! Comme toujours , trade safe , stay safe !
FTX:ETCPERPLong
by NicoDCrypto
ETCG vs ETC, divergent performance, volatility, gainsDuring the last bull run in May and June last year, ETCG, the OTC fund, performed around 4.8 X the high price of the cryptocurrency ETC, Ethereum Classic, which it tracks. This was bewilderingly high performance. ETCG went on to abruptly lose almost all of this value before Ethereum Classic even truly began its deflation from its high. ETCG is very volatile. A couple of things to note from this chart: 1. ETC is now leading ETCG in growth - this will probably reverse in the coming weeks/months 2. Beware the sharp moves - ETCG makes big moves both ways and it doesn't stay up for long - don't be caught holding the bag! 3. On a short time frame (today) there is an example of #2 above - note ETCG moved 21.7% from close to high. ETC only 10.6% close to high. I'll be honest, I'm coming back onto the charts from a series of massive losses in Bitcoin, Ethereum Classic, and other digital assets. But I told myself I would only post something positive if I'm in at least a 3 winning streak. My last 3 trades qualified, so I'll go ahead and say I managed 17% gain today on 2 trades across my account in ETCG. ETCG can deliver losses and gains so watch it. Always do your own research before making any buying choices. The intuitive aspect of trading is huge. And Enjoy!
OTC:ETCGLong
by BuddhaGemFinder
3
It's Going To Get Wicky! *ETC potential (short and long)This is my first published prediction after learning a bit from the community chat, ideas, and by doing my own research. Which reminds me to inform you that... I am not a professional, but I do invest responsibly and believe that you should too! Please do you own research! (DYOR) Comments are welcome. I encourage anyone to share ideas, impressions, and perhaps a focus on general market sentiment of Ethereum Classic (ETC). This is my 4th year investing in crypto. I do understand ETC is original ETH and why it was forked off, but please do share your thoughts. Thank you. Kind Regards and Enjoy Your Trades!
by i269
1
ETC to 0.004BTC. Breaking of descening triangle on the up.Daily & weekly primmed for an upwards momentum. Positive news keeps coming up. BTC -0.69% seems to want to break the triangle upwards, giving it momentum for ETC to go along with it compared to other alts as it has remained very resilliant. 0.004BTC resistance comes to a point where daily/weekly would come to a bit of exhaustion and would bounce back to support - it comes to face FIB resistance and horizontal blocks. What supports the breaking to 0.004 is that the Ichimoku cloud is getting thinner and thinner, and we have an opportunity on the WEEKLY. Big. ETC will, if we with fundamental growth and use cases, probably could be the best performer of 2019. Tight stop loss IF we break the triangle - although unlikely. Good luck.
Long
by The_Prophets_Cyborg
Ethereum Classic. Break up or down?Something interesting has been happening on Ethereum Classic (ETCBTC) in the last day. There's been a huge dip in volume after it jumped from .001750 to .002300. There was definitely a bearish divergence that was indicative that the price was going to pivot to the downside. We've been falling since then, but for the last ~18 hours there has been a strange uptick in volume (although the price hasn't changed much). I would consider this an accumulation zone (or consolidation zone). It's definitely trying to figure out what it wants to do next, therefore this is a no trade zone for me, however I will be keeping an eye out for movements either way. There are indicators that in the next few hours this might see an uptick in price which could allow it to break upward. The key resistance is currently being tested. Again. No trade zone here. Watch for confirmation one way or another.
by adam2web