Etcbtc
Ethereum Classic back to $48 in coming weeks - CryptoManiac101Medium to long term investors can look for entry point now or wait until demand zone.
Enjoy this trade, advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
ETC/BTC BinanceIts far from where the good buy points were. Id recommend waiting to see what happens to buy. There seems to be a massive amount of resistance above the current price. But I feel good about where the price is in regards to the avg bottom that it used to hold.
I wouldn't trade it because other coins are more obvious with their TA, BUT...
the current trend has checked the .5, so seeing a bounce at 2446 would seem ok, but the inability to go higher than the recent high seems to be a big bear flag.
I have good faith in 2144-2172 as a steady base, instead of the old 2000. the next place i would be kind of ok with is 2231.
All of it can be followed on the chart, so there isn't much to say.
ETC Bulls: above the necklineHey guys, the ETC bulls managed to stay above the neckline vs. their BTC bull brothers -this shows the clear relative strength vs. Bitcoin, as also seen in the ETC/BTC chart.
Just like I wrote yesterday, we had some room to retrace to the EMAs on the 4H, and we perfectly touch the 26 EMA , also testing the previous neckline, now turned into support.
So, ETC bulls are clearly waiting for the go signal - which is gonna come from none other than their BTC brothers, but who are right now still indecisive. If they don't get the go-signal, they're not going anywhere. For me personally this is a no-trade zone with too much choppy action & wicks. Therefore, no matter what you play here, never forget looking at grandpa BTC.
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC
ETC with relative strengthHey guys, hope you're doing all fine! ;) ETC shows some relative strength which is obviously still related to the Coinbase listing. We managed to form a higher low compared to the June 10 low at $12, with a crazy doji reversal on the Daily.
On the 4H we're upholding both EMAs 12 & 26 as support. On the hourly we've been beautifully riding the 12 EMA as support, after breaking the neckline of the inverse H&S to the upside. But once we lose the hourly higher lows, we have to look for a 4H higher low to be established, and we have still much room until the EMAs on the 4H for consolidation.
All in all, ETC still shows a clear relative strength, with the 15-16 Dollar range as an important support/resistance area.
If you find my analysis helpful, please like & subscribe, and watch my daily videos! ;) (description in my status)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
There is a trading opportunity to buy in ETCBTCTechnical analysis:
. ETHEREUMCLASSIC/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00182)
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 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= @ 0.00282
TP2= @ 0.00324
TP3= @ 0.00350
TP4= @ 0.00470
TP5= @ 0.00560
TP6= @ 0.00820
TP7= @ 0.00951
TP8= Free
There is a trading opportunity to buy in ETCBTCTechnical analysis:
. ETHEREUMCLASSIC/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00233)
Ending of entry zone (0.00182)
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 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= @ 0.00282
TP2= @ 0.00324
TP3= @ 0.00350
TP4= @ 0.00470
TP5= @ 0.00560
TP6= @ 0.00820
TP7= @ 0.00951
TP8= Free
ETHEREUM CLASSIC: RADEX IS RELEASED - PROFIT = 12.81% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 12.81% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Rency.com Ratings & Analytics Adds Ethereum Classic $ETC.
May 1: Ethereum -0.11% -0.75% Classic announces update to Mantis v1.1 Client.
May 2: Announcement that ETC consistently handles more transactions per day than: $Doge, $DASH, $BCH, $LTC, and $XMR.
May 3: London Block Exchange Enables GBP Trading for Ethereum -0.11% Classic ETC.
May 3: Ethereum Classic announces release of go-ethereum v5.2.0.
May 4: Emerald 0.00% Vault v0.22 application is released. It allows for: Secure offline / cold storage ETC account management.
May 4: FastTech.com Accepts ETC as Payment.
May 6: Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum -0.11% -0.03% -0.75% Classic Investment Trust.
May 6: Ethereum -0.03% Classic announces support for Ethereum -0.11% -0.03% -0.75% Classic Command Line application on Linux.
May 6: Ethereum -0.11% Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github.
May 16: Ethereum -0.11% Classic Labs is launched. Its main aims are to accelerate the development, expansion, and prosperity of the $ETC community and the entire ETC ecosystem by promoting smart contract applications based on $ETC
May 23: London Block Exchange lists Ethereum -0.11% Classic.
May 24: Ethereum -0.11% Classic upgrades via the Mantis V1.1 Performance Release. This allows for the following features:
HardFork Ready
- Download & Sync (faster)
- Integrated with Daedalus Wallet
- Run Node from CLI
May 25: Spyrja: Modular Asset Tracking Software is launched on the $ETC Blockchain.
May 29: Open Bazaar lists Ethereum Classic.
May 30: Ethereum Classic announces Protocol upgrade for ECIP-1041.
May 31: Ethereum Classic announces that the OpenStack Credits System to be Implemented as an $ETC side chain.
June 7: Coinpayments (crypto payments processor) announces its acceptance of Ethereum -0.11% Classic.
June 7: Ethereum -0.11% Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China.
June 8: Stocks Gazzette releases article that states that Ethereum -0.11% Classic is a grossly undervalued coin.
June 10: Thailand’s regulatory body, The Securities and Exchange Commission, have approved a list of 7 cryptocurrencies that can be used as payment for ICOs and as trading pairs on exchanges. This includes Ethereum -0.11% Classic.
June 12: Binance adds new Ethereum Classic trading pairs.
June 12: Coinbase announces it will list Ethereum Classic in the "following months".
June 14: Ethereum -0.03% Classic Labs is launched that will provide a full range of support, including operating funds, technical guidance, office space, industrial resources, creative strategy consulting, & more.
June 15: SEC announces that Ethereum is not a security.
(NEW) June 23: CoinBene Brasil lists Ethereum Classic.
(NEW) June 23: Nova Exchange lists Ethereum Classic.
(NEW) June 24: RADEX: Saturn Network launches the First Decentralized Platform for Ethereum Classic called Radex Classic.
*The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*
$ETH - Etereum Weekly Upate - BittrexEthereum was having a good run, but I am looking at long term sustainability for this coin here and the last few weeks we have seen a decline. This is the bitcoin pairing here, and i am hoping we find support at 0.0715 by the end of the week. I we hold above this line, that would signify a higher low which is good for long term bullish sentiment. 0.0862 would bee the weekly high we need to break to get the higher high, then we can consider ETH to be turning bullish once more. RSI did just hit 49 right below 50, bearish move but so close if volume spikes we may get the push up we need.
Ethereum Classic Moving UpEthereum Classic found the bottom at $12 after which it started to move up breaking above the 200 Moving Average. The price patter shows that ETC/USD produced higher highs and higher lows, suggesting the beginning of an uptrend.
At the same time ETC continues to bounce off the uptrend trendline and currently trading very close to it. Current support is seen at 23.6% Fibs, that is $15 area and it is likely that it will be retested, along with the 200 Moving Average. But price could also start moving higher without any correction and seems like the buying opportunity is presenting itself.
ETC next stop could be the nearest Fib retracement level - 50%, that is $18.9 level. Break above should push price high and could potentially be the beginning of a long term uptrend continuation.
As has been mentioned, the correction down is possible and in the worst case scenario price could get back to $12 support, but only break and close below that level would invalidate bullish outlook with confidence.






















