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Ethereum Classic (ETC) Likely To Dominate IOT And dApps By 2020Chart for ETC/BTC (1D) As developers express concerns over the centralized nature of dApp development and deployment on Ethereum (ETH), dApp popularity on the Ethereum Classic (ETC) blokchain has just doubled in two months. Ethereum Classic (ETC) has taken a more practical approach to dApp development compared to Ethereum (ETH), one that is more focused on development and less on fundraising. Instead of hosting a large number of shady ICOs, Ethereum Classic (ETC) has encouraged direct dApp deployment on Ethereum Classic (ETC). Dapp Direct shows a number of dApps that are successfully running on the Ethereum Classic (ETC) blockchain. As for Ethereum (ETH), a lot of projects have raised millions of dollars of funding in ICOs but they are yet to build anything useful. There are projects like Lisk (LSK), Eos (EOS) and Golem (GNT) but they could have raised money for their projects without using Ethereum (ETH) and they do not have any Dapps built on Ethereum (ETH). The purpose of Ethereum (ETH) was not to enable people to raise money; its purpose was to serve as a blockchain for smart contracts and dApp development. Now, some people will say that ICOs also involve smart contracts but that is completely underestimating the need and use of a platform like Ethereum (ETH). We can raise money for new projects without having smart contracts! People have been doing it for decades. The real purpose of a blockchain like Ethereum (ETH) is to host dApps and their smart contracts and to facilitate the interaction of different dApps among themselves. However, as we have seen in the past, Ethereum (ETH) has miserably failed at this. When the first dApp, Crypto Kitties was launched, it nearly choked the whole Ethereum (ETH) blockchain. Ethereum Classic (ETC) on the other hand is hosting more than five popular Dapps at the moment without any issues. So, when investors compare Ethereum (ETH) and Ethereum Classic (ETC), these are the real metrics, not the amount of money raised by ICOs or the number of ICOs held.
by foxtradr
2
ETC welcome to the Green Party!Altcoins market downturn, outflow of capital, low volume of trading and its regular suspension all these factors provoked credibility crisis that in its turn led to a new period of instability in the market - a crisis of assets. In this sense, the EthereumClassic is no exception, so let's look at the chart to understand what's going on. TF: 4H The MACD: With such low volume it's hard to say is it real or false trend on the card, therefore I can only assume that after bullish crossover the price will continue to heading up and will reach the first PT @0.0018 in the near future. The RSI > 50, the sign of uptrend. The EMA lines created the channel of the support lines, this is also the sign of the future uptrend. Bonus 1W TF TF: 1-Week The MACD: Bearish, because of the weak trading volume. The RSI is far from the oversold zone but less than 50. The EMA is our resistance lines which put pressure on the price. Conclusion, the weekly TF still doesn't look so attractive as 4H, but it has all chances to change in the coming weeks because the price cannot trade a long time at the major support area @0.0016-0.0017. ENTER: 0.0017-0.00171 PT: 0.0019-0.002 GL Traders.
Long
by LudwigStirner
[ETCBTC] ETC 18% Profit Guaranteed!Good Morning, This is D.VA. D.VA's today recommendation is Ethereum Classic(ETC) 1. The Altcoin Market Cap supports the neckline of the double bottom pattern 2. Long-Term Support line holds and the declination slope has been relaxed From above facts, we guess there has been an accumulation in now level. Stop-Loss is inside 3%, and the targeted profit is approximately 18%. Buy: 163000-167000 Satoshi Target: 1. 180000 Satoshi 2. 192500 Satoshi (Main Target) 3. 205000 Satoshi Stop-Loss: 159900 Satoshi
Long
by DVAInvestmentGroup
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
4
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00166550 to 0.00148050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00166550) Ending of entry zone (0.00148050) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00182130 TP2= @ 0.00195640 TP3= @ 0.00216580 TP4= @ 0.00250380 TP5= @ 0.00277920 TP6= @ 0.00305280 TP7= @ 0.00344220 TP8= @ 0.00394020 TP9= @ 0.00470000 TP10= @ 0.00560000 TP11= @ 0.00820000 TP12= Free
Long
by ForecastCity
ETCIt's good with good follow-up ... The price has now reached a strong support area with an old history of receding The support area is between 0.0168835 and 0.0161380 BTC MV indicators We did not see the start of the rebound so that the MV 14 index breaks the MV 28 index from bottom to top With prices above 50 MV to confirm the new upside Fibonacci levels show us that we need to exceed the resistance area at 0.00193354 BTC until we prepare to buy and start again Who wants to buy from the current prices on it using stop loss at 0.01600000 BTC And for those who want to wait and follow up there is a stronger support area referred to as CIRCLE green is at the price of 0.0130383 BTC A break through the red line with a break above 0.00300000 BTC will be the next target immediately 0.0040000 BTC
Long
by zomlot