ETCUSDT: Entering at the Bottom of a CycleEthereum Classic is a cyclic coin, ranging from $40+ at the top of its cycle and $10-$20 at it's bottom. It is currently sitting near the bottom of its cycle with confirmed upward momentum. We target prices at the 38.2%, 50%, and 61.8% of the Fibonacci extension from its previous cycle, with potential for 300% gains on a longer time frame. We recommend playing this trade safe and taking early profits while Bitcoin remains in a precarious position.
Exchange: Binance
Term: Medium Long
Buy 14.4 - 14.6
Target 1: 17.4
Target 2: 19.13
Target 3: 20.98
Target 4: 25.3
Stop Loss: 13.8
Etcbtc
To buy or not to buy? (ETC)After the news of ETC being listed on Coinbase, its price moved with more than 20% in a very short period of time. The time to buy has come after BTC -1.76% has fallen further and is close to potential short term reversal probably to at least 7000-7500 region.
The volume on ETC for the last 24h is more than 350 mil with a market cap of 1.3 billion. This makes a ratio of 1/4 of volume/market cap indicating the interest for the coin is very high right now. Normally, this ratio is something like 1/20 especially for the bigger altcoins.
I will update with sell targets but for now make sure you start layering buy orders.
$ETC Bull-Run to emerge where 2 support lines meet We have 2 support lines indicating a bull-run shot for ETC. It's had to consolidate support after the immediate jolt it received when Coinbase announced that it would start carrying ETC in the coming months. We all know what happened last time with Bitcoin Cash. People on Coinbase buy whatever Coinbase offers. The question isn't IF this will sustain demand long-term but by how much.
I'll be updating this as the triangle closes and after. FOLLOW me for the updates.
A top 5 2019 investment- Classic is comingHighest scored coin on Coincheckup: technical/ sentiment/investment/purpose/communication/roadmap/team
-Backed by wall street: within direct access to the general public (now a financial investment product) and institutional investors
-Suported by IOHK (the same team that brought Cordana ADA )
-Purposefully differentiated from ETH but integrating blockchains later in the year
-Technicals look incredible, sentiment is on the rise, positive catalysts occurring nearterm
Ethereum ClassicETCBTC forming falling wedge - reversal pattern
Fundamental
Ethereum classic was one of the seven coins approved by the Thai Securities and Exchange Commission (SEC).
The Thai SEC based its decision on the liquidity of the cryptocurrencies and on their consensus credibilities, among some other criteria.
ETC’s acceptance by the Thai SEC makes one more thing for the coin and its fans to celebrate at the upcoming Ethereum Classic Summit, happening in Seoul, South Korea from September 12th to 13th.
PoC of new StateDB layer & Emerald Mobile Wallet
www.etcdevteam.com
ARKBTC ARK is powerful in technical analysis and also fundamentally strong coin.
ARK showing good uptrend and have strong support around 0.000260-0.000270 and all Indicators are showing reversal
RSI and STOCH oversold
ARK having strong news Releasing CODE v2. This means:
1. Faster transactions output (tx per seconds)
2. Higher scalability
3. Dynamic Fees
4. Multi Core CPU’s
5. Quicker tx processing
6. Better stability
7. Multiple payment transactions
8. Smart Contract deployments
Target should be 0.00310-0.00340-0.00385-0.00423 sats
ETHEREUM CLASSIC: COINBASE NEWS & THAILAND SEC - PROFIT = 32.85%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 32.85% 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 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 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 Classic Investment Trust.
May 6: Ethereum Classic announces support for Ethereum 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 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
(NEW) May 25: Spyrja: Modular Asset Tracking Software is launched on the $ETC Blockchain.
(NEW) May 29: Open Bazaar lists Ethereum Classic.
(NEW) May 30: Ethereum Classic announces Protocol upgrade for ECIP-1041.
(NEW) May 31: Ethereum Classic announces that the OpenStack Credits System to be Implemented as an $ETC side chain.
(NEW) June 7: Coinpayments (crypto payments processor) announces its acceptance of Ethereum Classic.
(NEW) June 7: Ethereum 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 Classic Cooperative and Zeniex.
(NEW) June 8: Stocks Gazzette releases article that states that Ethereum Classic is a grossly undervalued coin.
(NEW) 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 Classic.
(NEW) June 12: Binance adds new Ethereum Classic trading pairs.
(NEW) June 12: Coinbase announces it will list Ethereum Classic in the "following months".
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.***
Coinbase - ETC - AI/ML Crypto SignalCoinbase announced that it will be adding Ethereum Classic (ETC) to its platform in the coming months. Ethereum Classic’s price jumped over 20% following this news. ETC recently overcame the Difficulty bomb which was formerly present on the blockchain. The protocol is now more attractive to miners following this removal. Coinbase will be adding public-facing APIs and performing final testing and then the firm will publicly announce a launch date for trading
Ethereum Classic (ETC) is a Don’t Own for a rolling 3-Day period which was published yesterday morning. The AI Machine Learning Signal will be updated this Thursday.
The advanced ML algorithms which incorporate multiple models has an average accuracy rate of 64.92% for Ethereum Classic (ETC)
ETC – demand on the horizon - 700% earnings possibleHi Guys!
We are back with bunch of good information regarding ETC.
As you already have heard Coinbase (digital currency exchange and wallet headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide) has expressed intention of supporting ETC.
They will start with so-called step4 which means seeing public APIs and other signs that asset is added. Once they finish integration and tests, they will announce officially in the next few months a launch date for trading on their platform.
So we can expect to have a greater interest on ETC thus volume rises and price will rise of course too.
Here is a bunch of other important events which will influence the price. This is going to be interesting year for ETC.
30.06 PoC of new StateDB layer & Emerald Mobile Wallet
31.07 Sidechains support in Emerald Project & Emerald 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 Classic Summit in Seoul
30.11 Fully IoT-compatible infrastructure of ETC(BIG THING)
It is going to be very interesting summer with a nice summary in Seul in September.
Looking back on the chart.
We observed finished Elliot Wave short-term pattern (1-5;A-C). New cycle expected.
When looking at the chart from the perspective we can see we have just started 3rd wave on the long-term Elliot Cycle.
On Weis Wave chart we can see that demand was growing. No supply yet. GOOD.
CMF indicator has just crossed 0 which is the sign of the price pression
MACD – strong positive long-term trend. VERY GOOD.
VWMA50 crossed
We are 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)
Stop-loss: 0.0013355
So guys all we need is good news and volume. On the wave of good investment
atmosphere we should reach the stars. :)
Thank you for all your comments, likes and messages.
You opinion is highy appreciated.
If you don’t want to miss the update don’t forget to follow us.
Huge hugs!
WBM Team
ETC - This support is strong.Hello traders! Today let's talk about ETC .
Important points
Approaching a descending daily trendline printed from the high formed 4 months ago.
Support zone ( Yellow line ) is strong , not even a daily candle has been able to break that.
Yesterday ETC closed the day with a bullish engulfing ( candlestick bullish pattern )
Would start to buy it , with a just a little bit of the capital , not a big size , then if should occur a breakout followed from good volume would increase the position , for the moment as i said would buy but with a little size.
Let's wait for this week maybe something could happen.
Have a nice weekend traders and take care of your capital.
This is just my analysis and not a financial advice
ETC USD and ETC BTC [MAP] 2018Follow up of my previous idea
Relatively safe entry for a buy.
Totally dependant on bitcoin's movement and the direction it breaks out of this current big triangle/ Not expecting a huge bull either, just spot positioning in case we continue sideways for consolidation, rather than a panic wave with a big bitcoin dump.
Invalidated if we breakdown supports on daily timeframe
ETC has been Carefully Prepared for a Major BreakoutCredit to Glitch420 for the idea to take a closer look at ETC. What I found when I did has made me quite excited about it.
ETC got an initial breakout alongside other alts at the April bottom but then cratered in May, giving back all of its gains. In the middle of May however, Accum/Dist. started diverging substantially and longs stopped closing. Then, in the past 3 weeks, fully 70% of ETCUSDSHORTS have been closed as the price has gone sideways.
Volume is anemic and suggests that relatively few people are still looking at ETC - which has made this a great setup to be the bottom.
Similar Accum/Dist divergence can be seen readily on 1h charts in ETCBTC since April and ETCETH starting in mid-May.
Someone has been stop hunting downwards on the Kraken ETCBTC pair repeatedly over the past couple of days: trade.kraken.com
It seems like everywhere I look at ETC there's poignant evidence that somebody has been accumulating a lot of it and that plans for a sizeable breakout are imminent. It makes a certain amount of sense too - ETC does largely the same things that ETH does right now but at far lower cost due to the much lower price of the token, it's in the top 20 coins by market cap and should make it into many of the indexes and funds that will emerge, and it's just become relatively cheap having retraced 80% of its December bull run before a failed April rally and crash back below a 70% retracement. This is a good level to pick out as a bottom if we think the coin has any future at all, and with the likely wave of ETFs coming we can say that there's a near-term future for nearly every coin in the top few dozen.
I'm an amateur and you definitely shouldn't take anything I say as financial advice. I would be interested in any feedback.