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ETHEREUM CLASSIC: COINBASE NEWS & SEC RULING- PROFIT = 38.85%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th 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 38.85% PROFIT!!! The increase in price may also be explained by positive developments including: April 26: Rency.com Ratings & Analytics Adds Ethereum -0.75% Classic $ETC. May 1: Ethereum -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 -0.75% Classic ETC. May 3: Ethereum Classic announces release of go-ethereum v5.2.0. May 4: Emerald 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 -0.75% Classic Investment Trust. May 6: Ethereum Classic announces support for Ethereum -0.75% Classic Command Line application on Linux. May 6: Ethereum Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github. May 16: Ethereum 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 -0.75% Classic. May 24: Ethereum 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 -0.75% Classic. May 30: Ethereum -0.75% 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 -0.75% Classic. June 7: Ethereum -0.75% Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China. This has resulted in the signing of the Memorandum of Understanding between the Ethereum -0.75% Classic Cooperative and Zeniex. June 8: Stocks Gazzette releases article that states that Ethereum -0.75% 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 -0.75% Classic. June 12: Binance adds new Ethereum -0.75% Classic trading pairs. June 12: Coinbase announces it will list Ethereum -0.75% Classic in the "following months". June 14: Ethereum 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. This incubator is launched by HCM Foxconn, Digital Finance Group, & Digital Currency Group, also offers guidance and support from IOHK and ETCDEV. (NEW) June 15: SEC announces that Ethereum is not a security. The general uptrend in the crypto markets as well as the positive developments outlined above. ***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
ETC finding its breakDiving straight into it, ETC looks like its trying to find its break from the overhead resistance of its descending channel. Aside from the Callisto Fork Event in February that i would consider an outlier, ETC has been trading within its descending channel for some time now. Proceeding the large green volume candle on 12/06 from the Coinbase Announcement, ETC has printed what seems to be a bullish pennant, holding majority of its gains, and finding support on the 50MA (green). We will have to wait and see if ETC can break (1) the overhead resistance of the downward channel and (2) the 200MA (red), (3) Volume to increase. I would regard ETC relatively bullish only if these conditions are met. Happy trading all :)
by gingerbre4d
1
ETCBTC-Bullish or B.....? Got a valuable tip from a very well respected individual about this coin and that it's going to move. As a skeptic I wanted to do some T.A. on it. It looks nice to me. It looked good. I put in 25% and a smart stop loss on it. Looks like my style of trade. I really don't admonish anyone do the same until you draw your own conclusion with your own T.A. and to first consult with your doctor to see if ETC/BTC is for you? Well, I mainly want to put this out there so months later I could look back at my winners and losers to see if, or how I've progressed or deteriorated as a trader. Sometimes too much info is extremely harmful. I need to find out what works for me on my own. Never ending quest... I sincerely hope the best for every trader on this daunting yet rewarding journey. Aloha!
Long
by pkealoha76
To buy or not to buy? (ETC)After the news of ETC being listed on Coinbase, its price moved with more than 20% in a very short period of time. The time to buy has come after BTC -1.76% has fallen further and is close to potential short term reversal probably to at least 7000-7500 region. The volume on ETC for the last 24h is more than 350 mil with a market cap of 1.3 billion. This makes a ratio of 1/4 of volume/market cap indicating the interest for the coin is very high right now. Normally, this ratio is something like 1/20 especially for the bigger altcoins. I will update with sell targets but for now make sure you start layering buy orders.
Long
by Fediculous
$ETC Bull-Run to emerge where 2 support lines meet We have 2 support lines indicating a bull-run shot for ETC. It's had to consolidate support after the immediate jolt it received when Coinbase announced that it would start carrying ETC in the coming months. We all know what happened last time with Bitcoin Cash. People on Coinbase buy whatever Coinbase offers. The question isn't IF this will sustain demand long-term but by how much. I'll be updating this as the triangle closes and after. FOLLOW me for the updates.
Long
by kperMan
ETC - Play the Fibonacci game - ShorttermHey guys! There is a nice Chance for good daily Profits in ETC/BTC Chart These days. We had a big pump 2 days ago, and are now in the fibonacci retracement. I marked you the 38%/50%/62% Fibonacci Retracement Levels for our Special Attention. So ... what to do: These Levels are either Support or Resistance Areas ... depends on if we are above or below it. So we got a nice opportunity to buy at Level, and sell at the next higher Level. We got a Chance/Risk Ratio of around 3 here, so it doesn't matter if we are 1 or 2 times wrong. Just Play the game again. Happy Trading! Note: You can shorten ETC too, just turn around the strategy. !! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
by junoooo
Ethereum ClassicETCBTC forming falling wedge - reversal pattern Fundamental Ethereum classic was one of the seven coins approved by the Thai Securities and Exchange Commission (SEC). The Thai SEC based its decision on the liquidity of the cryptocurrencies and on their consensus credibilities, among some other criteria. ETC’s acceptance by the Thai SEC makes one more thing for the coin and its fans to celebrate at the upcoming Ethereum Classic Summit, happening in Seoul, South Korea from September 12th to 13th. PoC of new StateDB layer & Emerald Mobile Wallet www.etcdevteam.com
Long
by EXCAVO
28