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ETCUSD

ETC/USD - Well on its way to $45! 🚀🚀🚀As indicated in my last idea when price was at $8, ETC has broken out of the descending triangle, made it support and now we're rocketing to the ATH. The resistance at $13 did not hold us back at all... signaling the momentum is very strong and we did it on increasing volume = bullish! The next significant resistance is at $20, however, I am sure we will push higher easily, however once we go over $20 I can see some sell pressure intensifying so we can analyze the price action closely once we reach those levels. Until then, indicators look very bullish and there is little resistance ahead of us. Well done if you bought the breakout! :) Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
6
Ethereum Classic & the Contrarian TradeWith Ethereum having gained +1000% over the past 9 months, we must consider the fact that Ethereum is migrating to a PoS network. This will take a number of years to roll out and many projects that were built on the PoW based ETH 1.0 will have to make a decision on whether to move to Ethereum 2.0 or look for alternatives. Ethereum Classic and BSV will be the choice PoW platform with smart contract capabilities. ETC suffered a series of 51% attacks recently that have only made it stronger with new upgrades implemented as a result. Ethereum Classic has a capped supply just like Bitcoin. It has a capped supply at 210 million thus providing a sound monetary policy. Looking at the chart, we can see that the price is currently 420% from its all time high which was set on 08 January 2018. We have seen considerable buying volume enter the frey since mid-November 2020 and a massive green candle on 04 January this year, pushed the price above a flatlining 120 EMA ($7.15). If you are looking to take some gains from ETH/USD off the table, this might not be a bad little contrarian speculation. ETC/USD is a beaten down crypto that receives very little favorable press but as far as we are concerned, it has sound fundamentals.
KRAKEN:ETCUSDLong
by rzinho
Ethereum Classic Vs USD for 02.08.2021Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... Hourly Chart is being used for this post! It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it. From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line! I would love to hear what you think about this post! Happy trading, and thanks for reading.
COINBASE:ETCUSD
by ADHDing_
1
ETC/USD - Are you looking for the next pump? ETC to the rescueETC is presenting us with a very juicy opportunity. As you can see we have just re-tested the massive descending triangle upper resistance as support and that is a clear signal we are good to go much higher. Daily MACD has crossed positive and we should be good to go. I expect a great first pump to take us to around $13 then to $20. Targets on the chart as indicated by the Fib levels. There is not much time to waste here, good long opportunity and once we have lift off it's going to be fast. Bias is very bullish! Like and follow if you liked this idea. Also join my crypto community to stay in touch!
Long
by DU09
1