The last ETC business cycle is over and the first phase of the new one has begun.
Consolidation is followed by growth, on which we will be able to fix our medium-term purchases.
The position can be taken in the range of $44.75 - $59.32.
Stop-loss in case of a significant correction of the asset is better to be placed under the level of...
hey yall ,
so as yall see , ETC is repeating the last pattern . if you look at the pattern , you'll see that price started huge elliott waves after getting out of range . then we had ABC correction waves . NOW , time for what ?
in my opinion , the best time to buy is when the price got outta range . why ? I'm saying that due to our last pattern ....
The reason I think Ethereum Classic price goes higher because of Ethereum.
So don't be surprise when ETC goes up as well.
Current Market Cap: $6.8 billion. Price: $52
- January ETC will hit $483
- Retrace Feb and Mar
- Top: July/August: $1300
People will just FOMO in when price goes up so does not matter if it has true value or not.
Just like Dotcom bubble.
Huge pumping +3100% c accumulation (fractal repeat 2017 May). Rollback. Which formed a triangle with the base of 327% (potential upward pennant) in the case of a breakthrough resistance and upward price exit to the upper boundaries of the channel. Zones of levels to work showed on the chart.
The work is acceptable to traders (sham traders are not allowed as on...
I love finding leaders and lagers and this seems like a perfect example. Its easy to see the similarities in these charts- they're not exactly the same but wow are they close. The last time I noticed something like this BTC had just hit 20k while ETH was still at $500 (see below). Just like BTC was leading the way then; it looks like ECT might be leading DASH (&...
$ETC is still below an ascending resistance (in my point of view) current zone is the same with a descending resistance that make it stronger, but a weekly close above it will release the price from this boring trend, first target of uptrend is around $66.77 that can be the target of reverse head and shoulders pattern, then there is a resistance around...
Hello everyone 😃
There are two opportunities om #ETC's chart.
#ETC is moving in a rising wedge, Witch is technically bearish and Also If we ignore the higher line, There will be a bullish triangle ( flat top triangle ) formed !
So you can use the both side to take advantage.
- If #ETC break below the wedge, The you can take SHORT after a...
BITFINEX:ETCUSD Looks to be in very healthy shape to make a move up towards the $62usd level within the next few days. We appear to have come down and tested resistance on the daily (yellow) and have also bounced off of the diverging RSI trending (green) towards our upwards target. In order to maintain momentum and reach the goal we will need to open above...
Ethereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making.
I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of...