ETHEREUM CLASSIC: THE SLEEPING GIANT OF CRYPTOETHREUM CLASSIC and a few other Alts are about to go back and test all time highs as the summer opens up.
Grab a bag and hold on tight, we are going to....you guessed it....the moon.
The wave I posted is just a simple way of looking at it. I don't support waves to much but for this it is easy to see we have retraced down to the 78.6% retracement level, floored there and are now going to continue upwards.
ETCBTC trade ideas
Ethereum Classic (ETC), Emerald Wallet and possible targetsAfter nasty dropoff ETC showing signs of a trend reversal, we expect bullish momentum and all targets hit in 2 weeks!
We have our unique way of Elliott Wave projections, considering also possible resistance zones and combining that together to set our targets.
On the fundamental side - only 9 days to Emerald Wallet release! Can be huge!
BUY ZONE
0.00200000 - 0.00210000
SELL TARGET
T1: 0.00249900
T2: 0.00269900
T3: 0.00289900
STOP-LOSS
0.00195000
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ETCBTC- Potential for big growthETCBTC may be considered a scam coin to many, but that rarely seems to stop people from trading. I've come to noticed that people will make trading movements off two things:
1) Technical analysis
2) Events ("Buy the rumors, sell the news")
Referencing coinmarketcal.com you'll find that quite a lot is going on with ETC this year. Whether or not these events are of any major consequence is quite frankly irrelevant- people WILL make sure that hype is generated in conjunction with said events, and they will dump the coin upon that date every time. It happens with every coin, and I don't think it's going to stop any time soon.
Profit-Taking Targets:
1) 2368 Satoshis
2) 2698 Satoshis
3) 3028 Satoshis
4) 3498 Satoshis
5) 4097 Satoshis
6) 4857 Satoshis
7) 5255 Satoshis
8) 5825 Satoshis
Upon reaching any of these targets, feel free to re-enter at the subsequent red lines (i.e., upon hitting target 1 at 2368 Satoshis, re-enter at 1910 Satoshis).
Important Dates:
1) 4/30/18 or earlier: Beta Mobile Wallet (www.etcdevteam.com)
2) 4/30/18: Disabling Difficulty Bomb (www.etcdevteam.com)
3) 5/31/18 or earlier: ETH Compatibility (www.etcdevteam.com)
4) 5/31/18 or earlier: Hardfork (www.etcdevteam.com)
5) 5/31/18 or earlier: Radex Launch on ETC (www.etcdevteam.com)
6) 6/30/18 or earlier: Release Mobile Wallet (www.etcdevteam.com)
7) 7/31/18 or earlier: Emerald SDK Release (www.etcdevteam.com)
8) 8/31/18 or earlier: JIT Compilation (www.etcdevteam.com)
9) 11/30/18 or earlier: Full IOT Compatibility (www.etcdevteam.com)
10) 12/31/18 or earlier: Upgrade EVM (www.etcdevteam.com)
Use these dates and targets in conjunction to set up your trades. You can almost always expect a bullish rally leading up to a date of importance, and a dump upon reaching that date. Upon writing this analysis, Target 8 is a modest 160 percent gain. I believe we have a lot more room to grow if this coin proves to have worth.
Ethereum Classic, ETC/BTC Ready For a Breakout?After a retracement of more than 50% from All-Time High Ethereum Classic, ETC/BTC found good support around the 0.001950 area. The RSI and MACD indicators are heading up and showing a divergence around that level as well.
We can still have a little more room before we reach the Apex of the descending triangle but when ETC/BTC breaks the descending triangle to the upside, we could see another leg up in Ethereum Classic.
ETC/BTC just need some catalyst/news and coupled with increasing volume for the next move up. Perhaps the anticipated news about the Beta of Emerald Mobile Wallet and Disable difficulty bomb in April can provide just that.
If you want to trade ETC/BTC, it's best to wait for a little pullback to the support area, price reaches the Apex of the triangle and then breaks out to the upside.
Areas to look at when Trading Ethereum Classic, ETC/BTC:
Buy Area:
0.001950 - 0.001980
Profit Targets:
1. 0.002172
2. 0.002270
3. 0.002362
Stop Loss:
0.001895
If you like the analyses, give a like or share it. Even if it's just for good karma ;)
Or let me know if you have any questions.
And until next time, good luck with your trading!
ETCBTC Binance trendETCBTC broken out out of the downtrend as can be seen above. hopefully the uptrend will carry on if it breaks through some of the inital resistance. current trajectory is higher then expceted but next 70 days should show a high of 0.36+
this is just what i think and not buy signals
ETCBTC. All indicators showing bullish divergence.The price is down trending, but MACD, RSI, Stoch RSI all up-trending. This is the bullish divergence. While other coins are already giving 2x returns, ETC hasn't moved at all in that perspective I am watching closely. Currently 0.23 fibb is solid support, the question is when will it pump?
Etherum Classic (ETC) Next Run (353% Profits Potential)Etherum Classic has been a great money maker for us. ETC is always making us money, and now the charts are calling saying that they want to pay us more.
Ok, we get it, let's look at the charts and see what is it that is coming... How it is that you should trade this coin.
Etherum Classic (ETC) Trade Analysis by Alan Masters
Etherum Classic is the original version of Etherum before Etherum first main hard fork. Out of this hard fork, an upgrade to the Etherum system, a new chain was created which is now called Etherum Classic (ETC).
ETC is in the top 20 altcoins by market cap., with 1.7 billions in market cap at the time of this writing and putting it at #17 on this list (which is sponsored by CoinMakertCap.com)... This can change quickly, either up or down, as soon as the market starts to move again.
Etherum Classic all time high (ATH) was set on May 22nd 2017. Based on this all time high, we will do some "calculations" to come up with the best targets, buy-in and other details for this trade. I will also share mid term targets for you so that you can sell for profits quickly if you prefer that vs long term.
Here is the weekly chart:
- Here you can see the ATH (magenta line and red vertical line for the date) plus the bottom price reached in the past few months.
- Positive Divergence and Accumulation on the MACD for the weekly time frame, is a strong a signal as you can get. To me this means that ETC will have a run up very soon, and we want to profit massively from it. So let's position ourselves.
CHARTS, SIGNALS & INDICATORS
Daily chart for Etherum Classic (ETC):
- The first thing that can be spotted by looking at the daily chart above, is the very long retrace and later even longer accumulation period. You can spot this on the MACD and by looking at the candles on the chart, they've been going sideways for a while.
- MACD & RSI are both curving up. Moving up slowly creating higher highs and higher lows.
- We are now trading above the SMA20 (green) line. SMA50 (blue line) will be our first strong resistance to break to move up.
- We have a confirmed breakout on the 4 hours chart and several other bullish signals.
- We are ready to buy & hold ETC, in order to sell on target when the time comes...
- Now, let's move on to the trade instructions.
TRADE INSTRUCTIONS
Buy-in: 0.0019 - 0.0023
Targets:
MID
(1) 0.00244266
(2) 0.00276666
(3) 0.00329666
(4) 0.00366666
(5) 0.00413812
(6) 0.00550666
LONG
(1) 0.00661314
(2) 0.00789155
(3) 0.00952000 (All Time High)
(4) 0.01422273 (New All Time High)
Stop loss: 0.00189
(This is optional. I do not recommend using a stop loss at this moment. If the price of Etherum Classic were to go down suddenly, I would just wait for it to bounce back since the Altcoins market is already preparing for a strong bull run in the coming weeks.)
Trade strategy: Buy, hold while you wait and later sell on target for profits. PATIENCE IS THE KEY!
Message: I Know You Can Do It... I Know You Can
You can do this or that. You can do everything you set your mind to.
You can be the king of this world.
You can be the Master, the Essence, the Money, the Flow...
You can do and be everything that you want.
Just focus on it, think of it, breath it, sleep with it and feel it...
I know you can do it... I know you can!
Namaste.
ETCBTC Golden Cross MA100 and MA200 (Accumulation?!)Hello everyone!
Using a MA100 and MA200.
I have looked at other ETCBTC charts similar to this and believe that ETCBTC will be in an accumulation region before going in a bullish trend. Based purely off of trend analysis, another alt coin (that a lot of people on here dislike from what it seems like) that EMC2BTC is also doing very well after its golden cross occurring.
Although they are not similar, I am still hopeful that ETCBTC will follow very soon based off of trend analysis.
I also realized that volume is not as high from the previous hype of the first golden cross, so this may take a little longer to get going.
Any positive criticism of my chart is greatly appreciated. I have been a follower of Tradingview for a couple years and have learned a small amount of trend analysis techniques. I always enjoy looking at other alt coins presented on this website
Ethereum Classic (ETC)-Silence before the storm? Big picture!Hi our dear Friends!
So another great but well known project.
Do we have a silence before the storm? We think so.
As marked on the the chart we had storm and silence zones. We may experience another storm with large gains soon.
We are very low at Fibonacci scale
Right now volume is very small but once we get positive info from the market (BTC market and market as a whole) we should encounter gains up to 450% possible earnings.
Here is short description of what ETC is (for those who are new here):
ETC is one of two separate versions of Ethereum's Blockchain, the other being Ethereum itself. The split occurred after The DAO, a decentralized autonomous organization based on Ethereum, got hacked in June 2016, and $50 million worth of its funds were stolen. Because The DAO was crowdfunded, this event has resulted in a large number of people losing their stakes. After several weeks of heated debate, the community has decided to conduct a "hard fork" of Ethereum's Blockchain in order to "code" the stolen money back to its owners. In order to perform the hard fork, the majority of the users had to simultaneously take all the transaction records prior to the point of the hacking, and start anew from there, while discarding all transactions which have happened after that, including the hackers'. That doesn't mean that anything has happened to the previous version of the Blockchain - on the contrary, the hardfork resulted in two versions existing simultaneously: Ethereum, which is the new one, and the old one, which was renamed Ethereum Classic.
ETC is in top 20 in terms of market cap. Backed by very good developers team as well as community. Devs are rated on 81% on coingecko and they have over 200k followers on Twitter (for comparison Eth has 400k)
We are going to have flood of events and good information regarding ETC. Here is the list:
30.04 Beta of Emerald Mobile Wallet & Disable difficulty bomb
30.04 Developer Team to disable difficulty bomb in Apr 2018
31.05 Working prototype of Sidechain & Enable new Opcodes for compatibility with ETH
31.05 ETC is hard forking in May to remove the difficulty bomb.
31.05 Radex will be the first decentralized exchange to be launched on ETC blockchain (BIG THING)
30.06 PoC of new StateDB layer & Emerald Mobile Wallet
31.07 Sidechains support in Emerald Project & Emerald SDK First Release
30.11 Fully IoT-compatible infrastructure of ETC (BIG THING)
They already tested side chains solution with recent airdop of the new coin Callisto. This is great as they solved the problem with the scalability.
Right now ETH is not sure whether they apply PoS or stay with POW. As Bitmain comes on the merket with their ASICS for mining inner alia ETH we may expect to have more centralized network. Vitalik and rest of the owners said it is not a threat and they are not going to fork that.https://cryptoslate.com/vitalik-buterin-ethash-asics-ethereum/. Community didn't like it so they ma switch to ETC which will affect the price positively!
Some technical analysis details:
MACD postive divergence
Fibonacci levels:
Target 1: 0.0033055
Target 2: 0.0044851
Target 3: 0.0054564
Target 4: 0.0064278
Target 5: 0.0078154
Target 6: 0.0092731
Stop-loss: 0.0013338
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You WBM Team