ETCNow the price is going sideways, the first possibility to breach the bearish trend line and start the ascending journey. The other possibility is that the price drops to the support line 0.00138 and then rebounds upwardsby zomlotUpdated 3
EthereumClassic VS Bitcoin Way UpDuring November - December 2017, Ethereum Classic has formed a double bottom near 130k satoshis area. Since then price formed a strong resistance near 340k satoshis, which has been rejected at least 3 times and then corrected down. The most recent price action shows that ETC/BTC has found the strong support at 78.6% Fibonacci retracement level, that is 190k satoshis area. At the same time ETC rejected the 8/1 Gann Fan trendline suggesting the continuation of an uptrend. On the 12th of June Ethereum Classic broke above the descending channel under a heavy buying volume and it seems that this tendency might continue. The upside target is likely to be the 330k satoshis area, that is confirmed by the previous resistance as well as 23.6% Fibs. Longby CryptoPAMMUpdated 5
ETC BREAKOUT!!Nice price action criteria's in the right places and we are ready to go! Breakout from down-trend, retest and NICE continuation pattern "ascending triangle" Good luck, Regards!Longby VaidoVeekUpdated 1122
Possible ETC idea. What do you guys think?This looks interesting isnt it? Entry point: Around 2400s satsLongby psychedelictripx1
WILL IT BREAK OR NOT? V2After the Coinbase news ETC is trying to breakout this levels. I think this move is depends to Bitcoin but if Bitcoin decides to go up we can see big fairy green candle.by dr.orientemUpdated 2
$ETC #ETHEREUMCLASSIC - UPTREND CHANNEL - enter it or leave Hello Lads and Ladies, Today we are taking a look into the highly discussed ETCBTC chart. It got listed at coin base a few days ago and since then it is starting to rocket again, but what is happening, what are the goals and where can we ETCBTC expect? So, taking a look at the chart we can see a huge push from December to mid February - this is where we apply the fibonacci retracement, which was very well respected all along, you can confirm that with the biggest support and resistance lines being at those levels. In the next step, we can see ETCBTC forming a big channel around mid March to May indicated in yellow increasing lines. The upper line, was a short time support after the huge drop and has turned afterwards to a resistance. The lower yellow line, has been a strong ascending support during the indicated time. Nevertheless, after one last big push over the yellow dotted line (also being the 61.8% fibs line) in the beginning of may, it started a very strong downtrend, crashing through the yellow dotted support and resistance and then going straight through the ascending support. It bounced from the crucial support, which is indicated with the green dotted line and got rejected at the ascending support line that has now turned into resistance. Being located at the crucial support it got a little abandoned and the volatility was very low and even then getting lower for almost more than a month. After that it just really wrecked when the whole market was taking a bloodbath going down to a support line even lower than the previous. ANYHOW, almost miraculously coinable announced listing it and ETCBTC just went on a straight rocket trip. Retraced and formed with getting higher lows a nice wedge, from where we saw a second breakout smashing once again through the yellow dotted line and testing the ascending support from the previous channel, that is now a resistance. So, here are possibilities, of what might happen next. 1) We see the same shenanigans happen and after going through the yellow dotted line, getting rejected at the previous ascending support ETCBTC will get into a new downtrend and get back to the previous crucial green dotted support. 1.5) Basically the same, just that ETCBTC will get down the horizontal white line which was a wedge resistance before the second breakout, forming a cup and handle from where it is going to bounce back up and test the uptrend channel. 2) ETCBTC will smash through the (yellow) uptrend channel support and will enter this channel, staying there and following it for quite a while after doing so. 2.5) It will come down to the yellow dotted line, accept it as a support, continue sideways for a few days so the RSI can adjust again and then following the ascending white support, smash into the channel and continue its journey in this nice not too steep channel. This is also the scenario that I am signing up to and if this support holds, I am getting myself some more ETCBTC. Does it not hold, i will be looking for the cup and handle formation, which would be for me the last deciding point of getting out, if it fails. Also, please never forget the possibility 3) ETCBTC will make a barrel roll... Cheers, Tomas Longby KongTrading226
ETC – LTC analogy just before Coinbase - 400% in 2 months?Hi Guys! We are looking again at the ETC as it is among few coins which grow fast right now. What happened? We think this is because of recent Coinbase announcement. They said that within couple of months ETC would be fully supported on their platform. This will cause greater demand thus price will rise. As people already know this, they want to buy before it will be actually available. This resembles a bit situation with LTC in 2017. It was featured by Coinbase on 3rd of May 2017. Rumours appeared around 2 months earlier. It is visible on the price surge (chart down below in comments section). Again when Coinbase support came into effect we had another strong price rally. We think it may happen with ETC as well. LTC gained versus BTC 400% within 2 months. It may happen with ETC as well given that BTC will be strong as well. According to worldcoinindex today's volume on ETC is ranked 5th very close to BCH. Just to remind you important events: 30.06 PoC of new StateDB layer & Emerald 0.00% Mobile Wallet 31.07 Sidechains support in Emerald 0.00% Project & Emerald 0.00% SDK First Release 31.07 Radex will be the first decentralized exchange to be launched on ETC blockchain (delayed – was to be at the end of May 18) 31.08 JIT Compilation in SputnikVM 12.09 Second Annual Ethereum -1.06% Classic Summit in Seoul 30.11 Fully IoT-compatible infrastructure of ETC(BIG THING) Technical analysis details: Gann Fan – we crossed 2/1 level substantially which confirms strong uptrend - high time to buy On the second picture down below you will see different angle – we are over 1/1 and ½ - strong uptrend – observe when crossing 1/1 – if so it will be time to sell Weis Waves – high demand, no supply – very GOOD for the price MACD – positive divergence Double bottom forming – bull sign Very low at Fibonacci scale Fibonacci Targets: Target 1: 0.0032868 Target 2: 0.0044939 Target 3: 0.0054696 Target 4: 0.0064452 Target 5: 0.0078342 Target 6: 0.0096110 Target 7: 0.0147133 (new ATH) So guys do you think such scenario is legit? Please do share with us your point of view. HUGS! Your WBM Team Longby WBM_TeamUpdated 101018
Idea for arbitrage tradingHello everyone! Hope that this idea will be helpful for you. All we know that listing of ETC will be expected on Coinbase soon. There has been news about listing recently and the rate has increased. On the exchanges with big turnover the rate is growing faster than with less one. That is why there are holes between exchanges. If you check less popular exchanges you’ll find orders on the big volume of selling. During this day I’m following exchanges which are connected with BibitBot.com and there are orders for selling for lower price than on Binance. As soon as the difference has reached even more than 1.5% I’ve started to get notifications every 3 seconds about buying on some exchanges and selling it on Binance. That what I’ve done. I think you’ll agree with me that it’s hard to follow and monitor exchanges, but with the help of BibitBot this work has been perfectly done. As soon as there is an increase of the rate I can get notifications. 15% is not really bad. Most of all I expect the listing on Coinbase. As it’ll be started I’ll be the first who will get to know about it, because there will be huge holes, as it was with TRX when it was its listing on Bittrex. I took this chance too. This is an idea for your trading if you’ve donated in ETC on the long period. While the rate will be volatile, you can earn without risks more than 50% with BibitBot.com. By the way, if you’re interested in bot, I can share with you my free using coupon for one month (so you’ll have 2 month for free). Promocode is XEN9Longby xenon91
ETHEREUM CLASSIC GREAT MOMENT TO BEGINETC trading around 78.6% fib level of the previous impulsive waves. Entry and exit targets are clearly started on the chart. BLUE: POSSIBLE ENTRY ZONE RED: STOP LOSS LEVEL GREEN: SELL TARGETS Good luck & Join our discussion room for more about our trading advice.Shortby wesladUpdated 7725
ETHEREUM CLASSIC: COINBASE NEWS & SEC RULING- PROFIT = 38.85%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of June 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 38.85% PROFIT!!! The increase in price may also be explained by positive developments including: April 26: Rency.com Ratings & Analytics Adds Ethereum -0.75% Classic $ETC. May 1: Ethereum -0.75% Classic announces update to Mantis v1.1 Client. May 2: Announcement 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 -0.75% 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 -0.75% Classic Investment Trust. May 6: Ethereum Classic announces support for Ethereum -0.75% Classic Command Line application on Linux. May 6: Ethereum Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github. May 16: Ethereum 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 -0.75% Classic. May 24: Ethereum Classic upgrades via the Mantis V1.1 Performance Release. This allows for the following features: HardFork Ready - Download & Sync (faster) - Integrated with Daedalus Wallet - Run Node from CLI May 25: Spyrja: Modular Asset Tracking Software is launched on the $ETC Blockchain. May 29: Open Bazaar lists Ethereum -0.75% Classic. May 30: Ethereum -0.75% Classic announces Protocol upgrade for ECIP-1041. May 31: Ethereum 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 -0.75% Classic. June 7: Ethereum -0.75% Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China. This has resulted in the signing of the Memorandum of Understanding between the Ethereum -0.75% Classic Cooperative and Zeniex. June 8: Stocks Gazzette releases article that states that Ethereum -0.75% 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 -0.75% Classic. June 12: Binance adds new Ethereum -0.75% Classic trading pairs. June 12: Coinbase announces it will list Ethereum -0.75% Classic in the "following months". June 14: Ethereum 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. This incubator is launched by HCM Foxconn, Digital Finance Group, & Digital Currency Group, also offers guidance and support from IOHK and ETCDEV. (NEW) June 15: SEC announces that Ethereum is not a security. The general uptrend in the crypto markets as well as the positive developments outlined above. ***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***by CryptoTradeSignals6
ETC closest pattern I could findAfter breaking the year long downtrend, we are looking at the sky... Still early, but this could be the channel to watch for the next couple of days. 4H time frame, and prone to error. Longby SpiritualPixelUpdated 6
ETC bright short term outlookWell ETC seems to have solid support at the 2200 range because of the Coinbase announcement the other day. To me its a great time to accumulate some (which I did already) ETC before it is listed for sale on Coinbase in a few months. Looks like when BTC starts making big moves back up ETC will complete this cup an correct around 4000 but not down far! This should be a fun one to watch... Longby hea79Updated 117
$ETC - Saving FamaliesIt's hard not to be bullish on ETC. With the upcoming CONFIRMED listing on Coinbase (which also makes it the cheapest coin on there), Breaking over the main resistance on the VPVR, breaking into the 1D Ichimoku Resistance cloud, heavy bullish power on the CMF and almost 300% to its previous ETC/BTC ATH, I have a bag packed for the long haul. Longby JoshMcGruff8
Coinbase announcement just the beginning for ETC???I've been bullish on ETC for a few months now, initially because of price but with the CB announcement, we could see some substantial gains prior to listing. Couldn't hurt to hold a small bag.... Longby CryptoCoinMaker3
ETC mid October This baby rolls in 3 month cycles so I'm shooting for a big push thru mid October. With Coinbase adding ETC, there will be no problem seeing 5x on this one in the next 3 month cycle. When BCC hit coinbase last year there was 5x with 25 x pumps on some exchanges, so who knows. The thing I love about crypto is the unpredictability. Trade for fun not profit and you wont give a shit when you loose your A$$. TABUby iamtabu3
ETC finding its breakDiving straight into it, ETC looks like its trying to find its break from the overhead resistance of its descending channel. Aside from the Callisto Fork Event in February that i would consider an outlier, ETC has been trading within its descending channel for some time now. Proceeding the large green volume candle on 12/06 from the Coinbase Announcement, ETC has printed what seems to be a bullish pennant, holding majority of its gains, and finding support on the 50MA (green). We will have to wait and see if ETC can break (1) the overhead resistance of the downward channel and (2) the 200MA (red), (3) Volume to increase. I would regard ETC relatively bullish only if these conditions are met. Happy trading all :) by gingerbre4d113
ETC on it's wayCoinbase adding ETC is bullish. BTC seems bearish. But at (confirmed) support.Longby kometonjaUpdated 113