Etcbtc
ETHEREUM CLASSIC: NEW DEVELOPMENTS - PROFIT = 26.64% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 24.90% 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: Annoncement 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.
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
$ETC.X getting ready for lift offETC has tested resistance at .0024 sats a couple times now. It will break it soon enough and should have a nice run through May recovering some lost ground. Many other alts have already recovered but ETC is a late one. As long as BTC remains stable and with some bullish momentum, this should recover nicely. There's a hardfork coming up at the end of May to keep ETC profitable for miners. News from this could help pump the price.
ETC, a heavy long term resistance level, inside a wedgeETC is also offering a good short opportunity again, it had a good rally in the beginning of April, but lately it has been slowing down and making one bearish wedge after the other. Good thing is, the last wedge it made it did not reach it's target which is a good sign. But since it has not been able to get above that long term resistance area around 22/24.
That's why this offers a good short opportunity with targets around 20.5 and 18. I would use a stop around 24.50, because the market is still strong, but i think we are around turning point now. If ETC is able to break through that heavy resistance, i won't turn long, i will wait patiently for it to turn back to the 24/23 level and test it as a support before going long.
etcusdThis chart exists to spite the person who said the following.
"I don't know I think we have a long way down to go but it's possible we could see some nice pumps on the way down. Would just rather be short than long right now. Finally feeling like I'm getting a decent strat for this downhill shit."
game on
ETC/BTC [ETHEREUM CLASSIC]: A BUMPY BUT PARABOLIC RIDEJust a quick overview of ETC
While 2018 has been a tough year so far for ETC, I believe we're developing a nice parabolic move in the near future.
Wave 1 retraced greatly, which signals to me that wave 3 will not retrace much. This is good news for people jumping in now, as it may just pull enough momentum to hit that all-time-high again.
I myself am not a huge fan of ETC, but I have witnessed ETC making enormous moves in the last year.
I'm not going into a lot of detail with this one, I just wanted to give a bit of chart confidence to anyone who is a big fan of ETC, I know you're out there :)
Much love crypto-fam , remember to always play safe, control your emotions and practice risk management.
Ethereum ClassicI show the logarithmic chart. We see a yellow upward trend channel. We are also near the resistance line of the orange triangle. After breaking resistance line the first target 30$ area
What about fundamental
Update 5 hours ago
Daedalus Mantis Integration Release 1.1 $ETC + $ADA the new #bigbang
twitter.com
Releases in 2018
In May
- Working prototype of Sidechain
- Enable new Opcodes for compatibility with ETH
- Radex on Ethereum Classic blockchain
Ethereum Classic is ramping up its token ecosystem but doesn't have a decentralized exchange yet. Radex will be the first decentralized exchange to be launched on ETC blockchain.
radex.ai
ECIP-1041 Difficulty Bomb Removal is also being integrated into the 1.1 release. The bomb removal is set to go in effect at ETC block 5.9 million around May. We plan on having the release ready with more than enough time for ECIP1042.
Jun
PoC of new StateDB layer
Emerald Mobile Wallet
Jul
Sidechains support in Emerald Project
Emerald SDK First Release
Aug
SputnikVM optimizations and JIT Compilation
Sep
Integrated cross transactions with external blockchains
New StatDB Layer
Oct
IPFS integration
Nov
Fully IoT-compatible infrastructure of ETC
Dec
Upgrade EVM (new opcodes and optimizations)
www.etcdevteam.com
Good luck
Choose your way Hi my fellow crypto friends! I will be very straight here since we have lots of great analysis of BINANCE:ETCBTC borning every hour in TView.
All of you can see we haven't broked a strong support line in 0.001958 (orange), and since then the power of buyers are performing very well, the volume still great and tends to increase.
So I would suggest, just in case you haven't come into the racing yet to buy after the resistance line 0.002446 in (red). Ok I know that looks very slow game but If you like to play hard, you can buy between 0.002152 and 0.002370. The possibilities seem to be on our side, the 20EMA(blue) still leading the run and we have a strong fighting on the MACD. I really believe it could make great profits in short term. So lets the chart say the answers!
Always remember my fellow friends, I'm like everyone here who is trying to improve my views on Charts and patterns, never take this as a financial advise because you are on your own.Never forget to update your stop-losses :D !
If you liked or with you have an opinion about, I'll be happy to read it. 58 and
Ethereum Classic(ETC) Is Ready to Hit All Time High BITTREX:ETCBTC is One Of the top Crypto Currency,
Now the Price is almost 350% from the AllTimeHigh,
As per as charts, this coin have been significantly into buying zone. and still in downtrend.
In Past, the prices are Pumping from this level.
There is a Strong Support is at 200K, Price is almost at bottom.
Price is needs to break the resistance trendline to get the hell out of this downtrend.
So We can Expect min. 2X from this coin in Upcoming Days.
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ETC NEW ALL TIME HIGHHello,
I have long been following the ETC and I think it has not yet revealed its potential. It is still better than big Ethereum. A few days ago, I got information from an acquaintance who holds up to 100,000 coins and quite a BTC that in a month or so, a grand ETC's grandiose pump has historically will been made. The source has been verified and has not lied to me so far. The time when they will start pouring money coincides with the release of the wallet and the strong fork. The informant told me that it is expected to reach $300 per unit and he say me only then start thinking about selling. This means that can go up to 500$. So just wait. Personally, I bought a lot of coins when I was under $ 15 and I think I'd wait, be patient. Ethereum classic is a great coin with a lot of potential...
This is not a recommendation for an investment, I just share information.
Resistance based on Fibonacci Retracement
1-25$
2-31$
3-42$
4-51$
5-73$
6-110$
7-172$
??-300$
Don't Listen to ETC Fudsters (Buy or Don't Buy But DO NOT SHORT)I'm talking about people with agendas, vested interests, people who skipped the course and now have thousands of followers even though their technical analysis is no good. How they got so popular so quick without any logical TA, a 13 year old kid could do that with some paid advertising. Not my style and not the style of hundreds of hard workers here who want to build a respectable following based on effort and progress.
Coming back to the real issue, the problem with these new 'top analysts' is that they did not spend all that money to rank their profiles for nothing. They operate on agendas, meaning they take their orders from people with vested interest in return for money of course. In this case, people who have something to gain from Ethereum Classic taking a hit. Could be people who want to buy low by creating panic, could be people who want to keep its price down for competition purposes.
Before you listen to someone asking you to short Ethereum Classic or any other coin just before a huge announcement, do your own research and think about why that person is telling you that. Trading View is a great community not because you can follow a top trader but because you have access to so many graphs and analyses on the basis of which you can make your own decisions. Good day!
PS I normally do not post stuff like this but I just saw a top post under ETCUSD and I think it could mislead some people. Just wanted to get this out there. Trade safe.