ETC Bullish on Daily ?Price broke out Daily 200 ema.
RSI over 50.
DMI indicate strong bullish momentum.
ETCBTC trade ideas
ETC making a move now or going back to the buy zoneBullish
Uptrend
Cup n handle
Good news
BTC stable for now and alts rally
2475 seems strong support, even with BTC drop to 5800
Bearish
Volume is increasing while price dropped a litlle.
Pattern ascending triangle no breakout yet + fake break-out.
ETC looking ready for a runRSI is sitting right at 50 while an ascending triangle is forming. ETC fork is coming on July 14th and its holding support on the 20 day SMA and the other SMAs are pointing up as well. As long as bitcoin does well then this coin should be ready for a pump. Currently consolidating atm with higher lows.
$ETC Rising Wedge Waiting for Retrace$ETC going to coinbase sometime this year. People are accummulating in anticipation. Now we're in a rising wedge and should break down shortly. When it hits the buy-zone I'll re-examine.
ETC / BTC-ATTACKING WITH CRAB-GARTLEY PATTERNS // TRIANGLE BREAKETC
This moment is forming a bullish equilibrium
the break of the triangle we can give an excellent trade
us attacking with HARMONIC patterns // CRAB // GARTLEY //
greetings this attentive
fibonacci levels
ETC - Ethereum Classic - Classic Bullish C&H BreakoutYou can see on the chart the new uptrend started on June 12th after Coinbase announced they would be adding ETC within a few months.
On June 22nd BTC took a dive and stopped the momentum ETC had going. A small retracement over the next few days created a classic H&S pattern on the chart.
Yesterday ETC dipped for the third straight day bouncing off the EMA20, reversal started.
Today ETC has broken out of the handle and is looking bullish once again.
My trading strategy targets for ETC on Binance or Bittrex as posted on my Discord:
bit.ly
Buy up to: .002285
T1: .003 31%
T2: .00388 70%
T3: .005 118%
SL: .00194225
Daily volume: 1828 BTC
Comments and agrees greatly appreciated.
Thanks for your support.
ETC/BTC BinanceIts far from where the good buy points were. Id recommend waiting to see what happens to buy. There seems to be a massive amount of resistance above the current price. But I feel good about where the price is in regards to the avg bottom that it used to hold.
I wouldn't trade it because other coins are more obvious with their TA, BUT...
the current trend has checked the .5, so seeing a bounce at 2446 would seem ok, but the inability to go higher than the recent high seems to be a big bear flag.
I have good faith in 2144-2172 as a steady base, instead of the old 2000. the next place i would be kind of ok with is 2231.
All of it can be followed on the chart, so there isn't much to say.
Most proeminent levels on ETC/BTC.As the title says, these r the most obvious sup and res levels on etc. Strat is simple, short resistance, long support.
Not to be taken as financial advice ;)
ETHEREUM CLASSIC: RADEX IS RELEASED - PROFIT = 12.81% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th 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 12.81% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Rency.com Ratings & Analytics Adds Ethereum Classic $ETC.
May 1: Ethereum -0.11% -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 -0.11% Classic ETC.
May 3: Ethereum Classic announces release of go-ethereum v5.2.0.
May 4: Emerald 0.00% 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 -0.11% -0.03% -0.75% Classic Investment Trust.
May 6: Ethereum -0.03% Classic announces support for Ethereum -0.11% -0.03% -0.75% Classic Command Line application on Linux.
May 6: Ethereum -0.11% Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github.
May 16: Ethereum -0.11% 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 -0.11% Classic.
May 24: Ethereum -0.11% 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 Classic.
May 30: Ethereum 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 -0.11% Classic.
June 7: Ethereum -0.11% Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China.
June 8: Stocks Gazzette releases article that states that Ethereum -0.11% 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 -0.11% Classic.
June 12: Binance adds new Ethereum Classic trading pairs.
June 12: Coinbase announces it will list Ethereum Classic in the "following months".
June 14: Ethereum -0.03% 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.
June 15: SEC announces that Ethereum is not a security.
(NEW) June 23: CoinBene Brasil lists Ethereum Classic.
(NEW) June 23: Nova Exchange lists Ethereum Classic.
(NEW) June 24: RADEX: Saturn Network launches the First Decentralized Platform for Ethereum Classic called Radex Classic.
*The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*
ETC 8% quick profit!Wait a little correction or buy now, you can sell at 249 and buy in the dip, good coin to hodl for 2 months
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.
Possible ETC idea. What do you guys think?This looks interesting isnt it?
Entry point: Around 2400s sats
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.
$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
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
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 XEN9
