ETC Tight consolidations getting ready to moveWe been holding Support at the 30-34 range for 3 days now and where seeing tighter and tighter consolidation a breakout is bound too happen soon With ETH making a uptrend and BTC consolidating a breakout is bound too happen sooner or later on the chart listed.
Trade at your own risk this is my own idea and stay safe trading.
ETCUSD trade ideas
ETC to new ATH in short orderETC successfully bounced off the .382 level on the fib just as previously predicted. It's now pushed (albeit somewhat sideways) through the recent downtrend. The crypto market has been skittish of late with the risk of DOGE (which many view as worthless) and the rapid fall of Bitcoin; however, with both bitcoin stabilizing and Dogecoin seemingly turning into the crypto pumpkin, there's $50B worth of Dogecoin market cap that's likely going to be spread around the other altcoins - and especially into a solid performer like ETC.
I put my money where my mouth is - 75% of my crypto portfolio was just funneled into ETC as the best altcoin alternative to DOGE.
Ethereum Classic's Fork LiftEthereum Classic (ETC) has had a great start to 2021 with the price rising 600% YTD. The hash rate of the ETC network has been rising steadily since the three year low as seen in early September last year. The Price has followed suit from the off in 2021. This has resulted in making the network more attractive to miners which in turn increases the security of the project. We went long on 07 February and are +373% in a little over two months.
Ethereum Classic is a global, open-source blockchain platform for decentralized applications (DAPPS), powered by smart contracts and has its own native digital currency ie. ETC. Ethereum Classic is actually the original legacy chain of the Ethereum network. It emerged after a contentious hard fork on the Ethereum blockchain in July 2016 after a disagreement over reverting the blockchain to reverse a hacking. The hacking involved DAO or the decentralized autonomous organization, which had raised $150 million in an initial coin offering months earlier. Whereas ETC did not revert the chain, ETH followed another course. Both the coins support smart contracts, but ETH has taken a performance-based path in its 2.0 rollout as it moves to a Proof of Stake model. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Greyscale Investments, established by Digital Currency Group in 2013 have created 14 Digial Asset Trusts including one for Ethereum Classic. The ETC trust is now the third largest digital asset trust on Greyscale's books: tokenview.com
Ethereum Classic has a circulating supply of 130 Million ETC coins and a max supply of 211 Million. Binance is currently most active market trading it.
We spotted an opportunity in early February as a result of the rising hash rate which had been in evidence over the previous months and with the price having retraced 420% from its all time high, we decided to take the plunge. Today we see a 18% pullback in the price from its all time high set just 14 hours ago. After the recent rally, this pullback may see a few sniffer dogs arrive on the scene. Will you be one of them?
ETCUSD & FLMUSDT : 4/17/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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If not clear above
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TAs relevant on this recent TA
For ETCUSD
For FLM USDT
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Technical Analysis
For ETCUSD
Just HODL
1M
Definitely without a any doubt, a big move coming in this coin. As tell you, in my previous TA to add some ETC in the portfolio. Some explanation in the chart.
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1W
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1D
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4HR
Seems like a very widen stop loss may not work, in case of a potential pullback.
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1HR
It does not mean no bearish indication, you long it then. Be Careful.
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For FLMUSDT
Elliot Wave
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1D
In the Chart
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4HR
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1HR
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
ETC Volume / Market Cap ExceedsETC Price traded at $29.96 with a gain of 35% in the last 24-hour and 59.50% up in the weekly time-frame. Furthermore, ETC bounced from the support of $20.60. In contrast, the market capitalization stands at $3.55 billion. Technically, investors can perceive a positive crossover in the EMA, and the price sustains above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $35.0 in future trading sessions.
Resistance: $35.0
Support: $20.60
ETC/USDT 416% profit now and time to book huge profit#ETC/USDT Profit update:
$ETC currently trading at $46 and now you are in huge profit.
417% pure profit without leverage.
Entry was : $10 ✅
TP1: $21 ✅
TP2: $42-$45 ✅
TPs : Pending ( hold only 5-10% of your profit )
Guys hope you very very happy with my analysis.
Now please close trade and book profit here.
I closed 100% positions here because I am happy with huge profit.
No matter what will Top of $ETC/USDT
Resistance: $45
Now $45 is very very strong support level.
If hold this and sustain above $45 leave then Next move towards $100 but for safe side book profit.
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1HR ETC $70+ Soon!Hello traders, ETC is looking another push very soon. There is a solid resistance from the old triangle we formed from back February time that we fell out of. I would be looking to take profits around $70 if we don't break it for the near short term. If we break, 80, then 100. Good luck!
Indicators:
Volume
BB 20
Ichimoku Clouds
RSI
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