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Ethereumclassic

Is this where we go parabolic?Trendline resistance is around $11,200 or so on log scale (CME gap is $11,100 giver or take I believe). But the battle here at $10,500 is real. Strong resistance but still rising support. Strong rally so far, will it end in the usual crypto manner? A parabolic spike and then strong downtrend? I'd like to see a big spike (grand finale) and then retrace to $8000-$9000 (50% - 78.6% fib retracement) and have that take us to the end of this mega, 3+ year long pennant before we start another (very big) bull rally. About to golden cross on the 50/200 day MA. I'm still in 100%, the trend is up. In good territory with XLM, waiting on ETC and DASH to break out. Cautiously optimistic.....
BITFINEX:BTCUSD
by GunMoney
1
I'm out.Call it what you will but we didn't reach my $14 target and with the large selloff on 02/06/20, I just don't feel good holding ETC right now. Here's a 15 min chart, and the count is very confusing. Either we already completed wave 5 and this is the downturn, or we're still in a complex wave 4 but that just seems unlikely, because usually really complex corrections come after a crazy rise; which the January 24-29th rise wasn't that big a deal. So my money is on that we're done here and the whales are switching the coins up! I will DEFINITELY be buying more once we get a larger scale correction, but right now I just feel like the risk to reward isn't there. So...I moved my money to ETH. :)
BITFINEX:ETCUSD
by MonetaryRebel
Ethereum Classic vs Tether Top Hit? Incoming Retrace?Let's take a look at Ethereum Classic vs Tether (ETCUSDT), in this chart we have multiple bearish signals starting to develop... First, we have a bearish candle today and bear/red volume increasing. There is bearish divergence with the MACD and RSI, while both indicators are also trending down. Recently EMA300, EMA200, and MA200 were conquered but haven't been tested as support, prices are likely to gravitate towards these lines. Conditions for change If ETCUSDT moves and closes above 13.2228, the above signal becomes invalid and a new analysis is needed. Thanks a lot for reading. Namaste.
Short
by AlanSantana
3
ETH is Following ETC Identically? 385$ Soon?!Hi Guys. Keep in mind ETH is one of the safest Crypto because it already approved by US Authorities (SEC and CFTC) as a Commodity ! So I am not worried about some unexpected authorites statements which may happen for most of other cryptos such as XRP! I would prefer to sleep more relax, thats why I would prefer to invest on ETH. In the Other hand ETH 2.0 is on the way, that means a lot of potential to me. Personlly I am expecting ETH some where between 6000-20000 US$ within next bull run which already started in my opinion! expecting this huge return with in next 16-28 months ! this is how I look in to that not a financial advise. Good luck
COINBASE:ETHUSDLong
by OmidSarbijan
4
ETC S/R Flip & RSI Divergence - discussion of accumulationGenerally this divergence suggests this is the top. Here we have *just about* broken down out of an ascending wedge (a bearish pattern). This support is now turned resistance and ETC will have to either a) consolidate sideways or decline to support or b) bounce back into this wedge and close inside it to continue its rise. However, ETC has just recently broken out of accumulation (it has been in a downtrend from 2017 hysteria of a peak of 45 dollars), and the primary trend is BULLish. Anyone shorting is up against over 3 years of constant selling and months of Ethereum Classic changing hands from weak to strong in accumulation!!! CONSIDER WHERE ARE THE SELLERS GOING TO COME FROM TO DRIVE THE PRICE DOWN AGAIN!??! In my PRIOR CHART I told people to BUY DIGP on BITCOIN CASH because of THIS REASON of NO MORE SELLERS. however, I WAS WRONG and BITCOIN CASH did indeed DECLINE from 0.03 to 0.026soemthing - Daily chop that a short term trader woould be cosnider a losing of money and tying up of capital, but if you HELD and sold off at the recent breakout you could have turned 10 BCH from a 0.3 BTC to a 0.4 - 0.45! not bad for someone want ing a safe trade!! I have seen multiple LINEAR charts showing with very learned technical analysis that Bitcoin has yet to complete a full C-eliot wave. However on a LOGARITHMIC chart (which you SHOULD be trading off, because we are interested in % return, not dollar amounts) and stock-to-flow, model, Bitcoin is still in a Buy zone and a further decline past the 6K mark looks increasingly implausible. This is crypto and anything and everything can and does happen, just hedge all your bets! I will NEVER buy ETHEREIUM AGAIN because they are planning to move to PROOF OF STAKE which is fraught with Problems, ETHEREUM CLASSIC is the ONLY ETHEREUM and CRYPTO CAT TOY DIGIMON CHAIN is just a LEGO BLOCKCHAIN IMITATION!!! Thank you for Enjoy my SATIRE TECHNICAL ANALYSIS NOT FINANCIAL ADVICE
by Milky_Udders
2