ETH/ETC MASSIVE OPPORTUNITYThe lag and catchup of ETC has to be one of the most consistent correlations in crypto. The R/R on ETC right now could be monstrous.
ETCUSD.P trade ideas
EtcThis considation has been insane. Soo much sideways action. Based off 3 differnt wicks during this we have been getting extremely TIGHT!! Break above 61.50$ no resitamce until 84$. Above tjat 144$ as th target. Support at 51.50 and 49$. ReistNce at57 and 59.50
Let gooo I’m bullish even if we dip to 49-48.50 first I’m starting to load and I’ll be patient
ETCUSD Support and resistance levels No real positive increase in volume since August. RSI is unimpressive. Short below SL2
ETCUSD chart explanationAs you can see, the ETC is now interacting tightly with the "Ichikomu Clouds".
If the ETC could enter into the cloud and cross the 60 USD soon, we will see its bullish rising to at least 100 USD!
ETCUSD gain of 300% likely to happen!Dear traders,
after 27 weeks of decrease in a quiet mode and long accumulation, a possible huge movement after a breakout of the triangle
is likely to occur. In this case the ETCUSD price could reach 300% of gain around 220$.
In caso of a contrary break a damping down to 20$ can also happen. Let's wait and take your position. I'm personally LONG.
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Not a financial advise. Thanks for comments.
ETC inverted head and shoulders to $125#ETCUSD
$ETC broke out from descending resistance line and confirmed it as support, also price stayed above weekly support zone.
an inverted head and shoulders pattern shows that price can reach $125.
#ETC didn't increase during #ETH rise so it's time to show its potential.
break below weekly support will make this scenario invalid.
MY MINIMALIST ANALYSIS FOR ETHEREUM CLASSIC$ETC
10.30.21
1258H +8 SINGAPORE
THROWBACK THURSDAYS
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: ZONE FOR AN ENTRY ( PRICE ACTION OF ETHEREUM & BTC GREATLY AFFECTS THIS MARKET)
As the 2 superpowers will accumulate after breaking ATH, we can see Ethereum Classic RISE. Just prepare!
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
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Note: This CHART is best used without indicators.
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ETC (Ethereum Classic) 200% plus targetHello Traders,
This analysis is on Ethereum Classic, a hard fork from ETH. This has been a coin that has risen in price quickly as it is one of the few cryptocurrency's listed on Robinhood. That being said, we are currently breaking out of a Symmetrical triangle that has been in consolidation for multiple months. This is very bullish as we are on the cusp of one of the most massive bull run man kind has yet to experience. Please leave a comment and tell us what you think. Or stop by Crypto Kinfolk on FB and join our community.
As always, Have a green week,
Savvy
ETC Price Live Data
The live Ethereum Classic price today is $55.28 USD with a 24-hour trading volume of $1,425,042,812 USD. We update our ETC to USD price in real-time. Ethereum Classic is up 4.19% in the last 24 hours. The current CoinMarketCap ranking is #29, with a live market cap of $7,217,831,719 USD. It has a circulating supply of 130,565,479 ETC coins and a max. supply of 210,700,000 ETC coins.
If you would like to know where to buy Ethereum Classic, the top exchanges for trading in Ethereum Classic are currently Binance, Mandala Exchange, CoinTiger, OKEx, and Upbit. You can find others listed on our crypto exchanges page.
What 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, CEO of investment firm Grayscale.
As a voluntary organization, the developers of ETC do not aim to turn the network into a for-profit entity. Users pay transaction fees as with Ethereum, and miners collect them based on work done as per the proof-of-work (PoW) mining algorithm.
Unlike Ethereum, Ethereum Classic has no plans to convert to a proof-of-stake (PoS) mining algorithm, while multiple developers continue to work on future improvements such as scaling solutions.
Related Pages:
Read more about Ethereum here.
Read more about Bitcoin Cash here.
New to cryptocurrency? Find all the information you need with Alexandria, CoinMarketCap’s dedicated education resource.
How Many Ethereum Classic (ETC) Coins Are There In Circulation?
ETC began in a very similar technical state to ETH, with the exception of how the DAO hack transactions were handled.
Since launch, however, changes in tokenomics have occurred, with participants voting to cap the supply of ETC in December 2017. The maximum supply is thus 210,700,000 ETC, roughly ten times that of Bitcoin (BTC), while ETH has no cap.
ETC uses a PoW mining algorithm, which functions like Bitcoin — miners are rewarded with new coins for validating the blockchain in competition with each other. The ETC block reward decreases with time, with the next drop due at block 15,000,000, roughly in April 2022 — from 3.2 ETC to 2.56 ETC per block.
How Is the Ethereum Classic Network Secured?
The Ethereum Classic network is secured using proof-of-work, but as a minority chain, it has suffered regular attacks itself.
These include several 51% attacks to gain control of mining hashrate and execute spurious transactions and double spend coins, the most recent of which occurred in August 2020.
Where Can You Buy Ethereum Classic (ETC)?
ETC is a major market cap cryptocurrency and is freely tradable on a large number of major exchanges.
Pairs are available against stablecoins, other cryptocurrencies and fiat currencies, while derivatives and institutional investment vehicles also exist. Exchanges that let you buy Ethereum Classic include Binance, OKEx and Huobi Global.
ETC Weekly moon ShotThis is a chart of ETC going to the moon . I'm not sure how much I need to wright here. I'm pretty sure the charts will speak for themselves.
ETC Weekly movementHellooo...My Dragon Friends
i see ETC just move sideways at the few later week.
and still same my projection, wait until break down for more downtrrend.
or we just playing at the resistance and support. (sideways trends)
i hope u guys can make money with this pattern i draw.
Lets See
Happy Trading
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Disclaimer On
ETC uptrend as I see itETC has been fairly quiet since it's last rally but it's been in a channel and near some long supports. The weekly RSI has a clear level for resistance/support which I've circled. You can see where it's bounced and failed. It currently appears as if it's bounced and looking to rehold.
if it does, I'm thinking a bounce to the top of the channel, retest of the long term support. If that long term support holds, 2021 could see it move.
ETCUSD Inverted Cup and Handle on 30 min chart (bearish)Hello, ETC might be bearish in the short run on 30 min chart. Inverted cup and handle as outlined by the green line is in formation. The cup and handle pattern will be completed if it goes below the green neck line. The next major support would be 44.70. Not a financial advice.
ETC $500 ETC will Destroy the doubts of anyone who gets in in it's way
Last year ETH was $180 before a major correction and made its way to 400 then soon destroyed its way to 2k
ETCUSD TO $75?After seeing #Bitcoin and #Ethereum retest their All Time Highs' . It only make sense to expect these other Altcoins to follow .
Now, I am not necessarily saying ETCUSD will retest it's previous high's of $175 this week. But what I am saying is, Ethereum Classic to $75 is more than likely this week.
Obviously this is not a trade recommendation, but rather an invitation to look at how volatile this crypto pair is due to the high volume it get's from traders around the world.
Rise Of The PhoenixETC the dark horse of crypto, It has been gone and forgotten, it's survived many 51% attacks and fudded to death, It's what ETH intended to be > Code is Law.
ETC pressurized for breakoutWatch the RSI for wedge breakout over 52 at the end of this week. Once confirmed, take long position.
Eth Classic charging towards $62.39 before Tuesday.BITFINEX:ETCUSD Looks to be in very healthy shape to make a move up towards the $62usd level within the next few days. We appear to have come down and tested resistance on the daily (yellow) and have also bounced off of the diverging RSI trending (green) towards our upwards target. In order to maintain momentum and reach the goal we will need to open above $54.498 & $55.583 over the next two days (blue lines).
Overall price trend is currently on an upward trajectory.
RSI appears to be in a healthy position where it has come back down towards the 0.5 line and has bounced up showing bullish momentum. It is also above the sma8 on the daily RSI which confirms a bullish RSI trend.
The $60 area could prove as tough resistance as we enter and try to punch through. Keep an eye out here for a possible double top to occur and send the price level back down towards the bottom of the arc.
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
ETCETC had a false breakout of the channel and it is now in a falling wedge pattern. A break to the upside will take it to the upper end of the channel and potentially even go for another breakout of the channel.
ETC/USD - Potential +235% investment setupHello Traders!
The last ETC business cycle is over and the first phase of the new one has begun.
Consolidation is followed by growth, on which we will be able to fix our medium-term purchases.
The position can be taken in the range of $44.75 - $59.32.
Stop-loss in case of a significant correction of the asset is better to be placed under the level of $29.00
The targets for midterm purchases will be price levels of
$104,68
$129,70
$150,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
