A second Chance to Buy in ETCETH ...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 33.
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.040).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" 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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.0474
TP2= @ 0.0506
TP3= @ 0.0530
TP4= @ 0.0635
TP5= @ 0.0888
TP6= @ 0.1093
TP7= @ 0.1298
TP8= @ 0.1962
TP9= @ 0.4570
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.06.2018.
Total Profit: 67666553 pip
Closed trade(s): 2063792 pip Profit
Open trade(s): 65602761 pip Profit
Closed Profit:
TP1 @ 0.0336 touched at 06.21.2018 with 181264 Profit.
TP2 @ 0.0384 touched at 07.06.2018 with 661264 Profit.
TP3 @ 0.0440 touched at 08.06.2018 with 1221264 Profit.
181264 + 661264 + 1221264 = 2063792
Open Profit:
Profit for one trade is 0.041159183 (current price) - 0.03178736 (open price) = 9371823
7 trade(s) still open, therefore total profit for open trade(s) is 9371823 x 7 = 65602761
All SLs moved to Break-even point.
ETCETH trade ideas
A second Chance to Buy in ETCETH ...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 33.
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.040).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" 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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.0474
TP2= @ 0.0506
TP3= @ 0.0530
TP4= @ 0.0635
TP5= @ 0.0888
TP6= @ 0.1093
TP7= @ 0.1298
TP8= @ 0.1962
TP9= @ 0.4570
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.06.2018.
Total Profit: 67666553 pip
Closed trade(s): 2063792 pip Profit
Open trade(s): 65602761 pip Profit
Closed Profit:
TP1 @ 0.0336 touched at 06.21.2018 with 181264 Profit.
TP2 @ 0.0384 touched at 07.06.2018 with 661264 Profit.
TP3 @ 0.0440 touched at 08.06.2018 with 1221264 Profit.
181264 + 661264 + 1221264 = 2063792
Open Profit:
Profit for one trade is 0.041159183 (current price) - 0.03178736 (open price) = 9371823
7 trade(s) still open, therefore total profit for open trade(s) is 9371823 x 7 = 65602761
All SLs moved to Break-even point.
SHORT the reversal not for too soon ( repitch)this pitch is vrey hard to do so i did another version of it
nice growth persp coming soon
you can buy at 0.011 & 0.0162
By the way, if you want to invest in crypto mining, Genesis Mining is pretty decent In My Op (me I got all my initial cryptos from there); here is the Genesis Mining Promo Code that I got: LSfs3q
Ethereum Classic: The Dark Horse Platform in 2019?Many of us who are fans of Bitcoin like the idea of smart contract platforms, but don't like some of the choices made by the current leader, Ethereum. As Andreas Antonopoulos has pointed out, Bitcoin has made tradeoffs designed to make it best suitable as a store of value and maybe currency, not a smart contract platform:
www.youtube.com
Many people might not know that Charles Hoskinson of IOHK and Cardano is also a supporter of ETC:
www.youtube.com
Unfortunately, for those of us who are fans of the Bitcoin philosophy, Ethereum is not a very good cultural fit. I was/am prepared to hold my nose and support Eth since I like the idea of a smart contract platform so much. However, there may be a more attractive alternative for Bitcoin fans, ETC: (a few items of many)
1. Proof of Work, not Proof of Stake, which is a far weaker safeguard
2. Capped limit of ETC units
3. Code as law, not the arbitrary whim of the leaders. (I'm talking about it's not rolling back the DAO hack)
Finally: ETC is still priced at levels that ETH was back in early 2017. If it were to make a similar run, those of us late to the game who buy at the beginning of the next bull run would be very happy.
Above is not financial advice, but rather one thing I'll be looking at as the next run gets going. I think this next run will be the best and most fun yet!
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
bitcoin cash will be more successful BCHBTC > ETCETHBCC is a real/equal alternative, isnt it?
Equally important and trustworthy as BTC. The network size decides the election.
Remember the ATHof ETC near 50% in price?
ETC's only agenda was "immutability" supporting a thief at that time. Weak/logically flawned point.
Blockchains are no autonomous. People run blockchains. You could say a blockchain network is 10000 human witnesses who all let their computers represent them (since it is impossible to do it manually) all using the same software
I suggest neither long nor short today. But watch the network size and If it network is growing/catching up well is growing
- as it may be near the price bottom. (for example 5% network size - price bottom near 0.05BTC)
ETCETH Bittrex - High Volume/Volatility strategy for Alt coinsSimple 15min time-frame strategy which works well with so far XMRETH , ETHBTC, LTCBTC , DASHETH .
Does not work well with FX, Commods, BTCUSD , XMRBTC
ETCETH: (11.73% return over ~2 months = ~5.87% a month return on investment, 3.14% max drawdown, total of 25 trades = ~ 1 trade every 2-3 days)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
8 hours ago
Comment: The following is applied to the back testing:
0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
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
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
Ethereum Classic -- Long Term Bullish OutlookThis chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur.
There is also a falling wedge on the ETCETH chart, indicating lower selling pressure.
Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will always be the real, immutable, and original Ethereum.