ETC held very strong against BTC during the correction these past few weeks; not even breaking existing support like some of the top bullish coins like XLM. ETC has an upcoming airdrop on march 05. ETC holders will receive Callisto (CLO) coins at a 1:1 ratio!! CLO is going to solve the scaleability issues of ETC and allow staking of the CLO coins. we know what...
have you heard abort Market cicles ? 05 March, Ethereum classic will make a airdrop and new token Callisto (more info here: coinmarketcal.com)
$ETC is looking bullish on the four hour. Big fan of using different indicators to look for patterns and we have a match on the stoch rsi. Every time we get a cross under 20 on the four hour we pump anywhere from 6k to 10k sats. We're about to cross over, the 4hr candlesticks are consolidating and the Castillo fork was just announced for the coming month. All...
Based on the 4 hour chart I noticed this head and shoulders pattern. ETC broke the resistance zone and then failed to break the higher resistance and was clearly pushed down. What are your thoughts?
DO U HEAR THIS ? Yes buddy, is the sound of big wave coming...
- ETC reaching 36 dollars as it looks to reach back up to it’s ATM high of 43 - Showing similar price recovery patterns to Ethereum If you think that Ethereum classic is the little brother of Ethereum, you would be mistaken. ETC is actually ETH’s competitor, and the story bears a long and interesting history. Here’s a good article on the history of two from...
ETC has been accumulating for a while and holding a nice fib. Buy between 187 and 189 set stops for 10%. Short hold for 8% or hold a Mid or Long position for 30%+. If it breaks support STAY OUT.
Following the previous idea on Ethereum Classic , after testing the 161.8% resistance it corrected down towards the uptrend trendline. The downtrend trendline has been rejected, then 127.2% Fibs and then 161.8% Fibs, all were rejected and ETC/USD produced a new all-time high. Higher highs and higher lows pattern remain and price action suggests the continuation...
After exit of the triangle to up, have a 2 level of resistance 30.8 and 33
Watch closely for the breakout. Target is 1800 sats
Recent BCH pump proves how important governance fundamentals are to the price movement any crypto currency. Ethereum Classic maintains the immutability of the original censorship-resistant Ethereum blockchain. The Ethereum Classic Summit is hosted this week in Hong Kong. Grayscale Investments provides an opportunity for institutional investors to gain exposure to...
Man these falling wedges are everywhere and very profitable to trade Volume coming in strong Hype and lots of pro traders jumping in on it ETC/ETH pair broke descending resistance
Ethereum classic technical analysis with a few possible scenarios
As usual, I present you several scenarios for the development of events. Range is good for trade.
Channel converging on a symmetrical double-reverse triangle pattern, fib retrace indicates a likely upward bounce. As ETH continues to fall in the wake of ICO madness and scalability concerns, ETC is due in for a bullish run