ETCETH
ETC/ETH The returning of a prodigal orphanHello everybody.
In this very moment price trying to close above the holidays highs. It looks like people start actually believe that it is time for a prodigal orphan to come back to the old habits with new achievements extracted from the lows of a human greed and fear.
I hear voices. They say September 12th is a very important date in this saga of etc. I don't know. Maybe. Anyway, we'll find out!
I want to see ETC/ETH closing above 0.0735 (Binance), but till then many waves will flow.
Will never ask for: follow, shares and likes. So if you feel like you want to thank me for that idea I had suddenly hit the LIKE button, SHARE and FOLLOW D
ETC BULLISH IMPULSE INCOMINGAfter the rally of 14-17 August ETC is back in strong demande zone.
This return has made slowly, alternating "green" periods as sign of continuous buying pressure.
Actually buying selling pressure are almost at equilibrium and soon ETC will win the local resistance and feel free to ride to the next resistance around 17 dollars.
For longterm:
ETC is probably a better investment than ETH as the bearish trend seems now to be reversed
BTC will also commit to ETC in the next times.
BIO
Ether Classic (ETC) Descending pattern, another rally possible.ETC is now in a descending channel. I would be wary about trading this coin since Tron basically had the exact same thing happen to it. If we keep on getting lower and lower highs it means the trend will be down.
Therefore, if you hold ETC, I would recommend getting rid of it for the best price possible. We could be getting another rally to 2600+, so if that does happen, consider selling your position.
I know many of you held ETC due to the hype and fomo, but the pattern shown is like every other altcoin pump during Jan, where it peaks then drops for the next few candles.
This was my private ETC chart after the pump last night. I'll admit I missed out on quite a bit of gains, but it felt to dangerous for me to enter. We were getting drops of 2% in around 5 minutes.
Thanks for viewing. If any of you would like to get my private charts, please update me and I will share them all with you. This is an example of a ZRX and SNM trades I did just now:
ETCBTC: Nobody caresLitecoin launched while there was growing public interest in crypto as a cheaper way to enter the market than fractioning BTC. Now, Ethereum Classic is being listed during a long bear market that hasn't signaled an end, a timid market and low public interest. ETC $20 is the moon? I sold it at $35 around the Callisto air drop, and this isn't even close. I guess I could be proven wrong if Coinbase opens up and people buy like crazy, but I think that won't come until Bitcoin confirms a recovery and excitement returns to the market.
ETC CRITICAL POINT Traders,
- Here we have ETCUSD 4H chart.
- Twitter has a word for this pair, as any tweet from coinbase whoop to gain 10:20%.
- We had a fake breaking down as I'm indicating on the chart.
- Small triangle with this fake break, showing that we have double double ratio coming so we are talking about 60:90% gains, don't take it as a recommendation it's a humble vision of mine trade safe at the end.
Regards,
Mohsen
Ethereum Classic (ETC) Bearish Divergence, drop likely.ETC has been on my watchlist for a while, and recently closed my position in anticipation for the sell-off after a 2.4% gain.
Trade can be found here
Due to the bearish divergence on the RSI, it is very possible ETC will drop, so this could be a good short position.
How to trade:
Buy in: On or above the white trendline
Sell Target
Around 2169 if this idea plays out like last time.
if we break above, this will be invalidated and a long position might be a good idea. I think it's going to drop, however.
Thanks for viewing! Please leave any comments in the section below. I will respond to all of them.
ETC/ETH Etherium classic forming cup and handle?
**Amateur trader**Still learning**Just my analysis
Looks like ETC is forming a Cup&handle on the 1 day chart. It seems that the handle has begun to bounce on the 200 day moving average(blue line), the handle has also tested the downward resistance line. Potential positive breakout. Potential buy zone at .036983 ETH, which confirms the brake out, if it fails stoploss set at .034644 ETH, which seems to have a previous price support; the 200 day MA seems to be a support as well. The RSI is floating around the middle, which may have further downside, but the MACD shows that sellers are shown to be exhausted, and buyers will regain control. Another bullish move is the Triple EMA's are starting to cross in a bullish direction.
Other upside:
ETC is going to be listed on coinbase, no given time frame, but there is plenty of attention on ETC.
****Please view this and provide constructive criticism if needed, I am still learning TA ***
Thank you all
ETC LAUNCH Traders,
Here we have ETCUSD 4H chart.
This monster is preparing for its big move next few weeks but we have levels to break
1-17.8$
2-19$
3-20$
4-The Heaviest level will be at 24$
We have a question: Are we bullish ?
Ans: Not yet till we have a separation of BTC moves like ltc,eth and bcc done, so when?
After breaking 24$ level so we will take this pair as a serious bullish monster.
Regards,
Mohsen
A great trading opportunity to buy in ETCETH . just catch it!Technical analysis:
EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 52.
Trade Setup:
We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018.
Take Profits:
TP1= @ 0.0336
TP2= @ 0.0384
TP3= @ 0.0440
TP4= @ 0.0635
TP5= @ 0.0888
TP6= @ 0.1093
TP7= @ 0.1298
TP8= @ 0.1962
TP9= @ 0.4570
TP10= Free
A great trading opportunity to buy in ETCETH . just catch it!Technical analysis:
EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 52.
Trade Setup:
We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018.
Take Profits:
TP1= @ 0.0336
TP2= @ 0.0384
TP3= @ 0.0440
TP4= @ 0.0635
TP5= @ 0.0888
TP6= @ 0.1093
TP7= @ 0.1298
TP8= @ 0.1962
TP9= @ 0.4570
TP10= Free
ETC ROCKET.1Traders,
Here we have ETCUSD 1D chart.
bearish trend will be broken for sure next few days for the positive news for this sleeping giant we had the lowest level for this pair few days and weeks ago.
so we have the perfect opportunity and good entry to trade here.
Humble vision:
1-Breaking the temp bearish trend and so the heaviest resistance at 24$
2-Keeping the side moves for days at 24$ then a try to break it with low potential.
3-Breaking the resistance and going to touch fib 0.618 golden level and this will be a critical point.
kindly have a look at the same idea but against ETH here:
Regards,
Mohsen
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.