Ethereum Classic (ETC) Bearish Divergence, drop likely.ETC has been on my watchlist for a while, and recently closed my position in anticipation for the sell-off after a 2.4% gain.
Trade can be found here
Due to the bearish divergence on the RSI, it is very possible ETC will drop, so this could be a good short position.
How to trade:
Buy in: On or above the white trendline
Sell Target
Around 2169 if this idea plays out like last time.
if we break above, this will be invalidated and a long position might be a good idea. I think it's going to drop, however.
Thanks for viewing! Please leave any comments in the section below. I will respond to all of them.
ETCETH
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.
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Thank you all
ETC LAUNCH Traders,
Here we have ETCUSD 4H chart.
This monster is preparing for its big move next few weeks but we have levels to break
1-17.8$
2-19$
3-20$
4-The Heaviest level will be at 24$
We have a question: Are we bullish ?
Ans: Not yet till we have a separation of BTC moves like ltc,eth and bcc done, so when?
After breaking 24$ level so we will take this pair as a serious bullish monster.
Regards,
Mohsen
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
ETC ROCKET.1Traders,
Here we have ETCUSD 1D chart.
bearish trend will be broken for sure next few days for the positive news for this sleeping giant we had the lowest level for this pair few days and weeks ago.
so we have the perfect opportunity and good entry to trade here.
Humble vision:
1-Breaking the temp bearish trend and so the heaviest resistance at 24$
2-Keeping the side moves for days at 24$ then a try to break it with low potential.
3-Breaking the resistance and going to touch fib 0.618 golden level and this will be a critical point.
kindly have a look at the same idea but against ETH here:
Regards,
Mohsen
ETC has been Carefully Prepared for a Major BreakoutCredit to Glitch420 for the idea to take a closer look at ETC. What I found when I did has made me quite excited about it.
ETC got an initial breakout alongside other alts at the April bottom but then cratered in May, giving back all of its gains. In the middle of May however, Accum/Dist. started diverging substantially and longs stopped closing. Then, in the past 3 weeks, fully 70% of ETCUSDSHORTS have been closed as the price has gone sideways.
Volume is anemic and suggests that relatively few people are still looking at ETC - which has made this a great setup to be the bottom.
Similar Accum/Dist divergence can be seen readily on 1h charts in ETCBTC since April and ETCETH starting in mid-May.
Someone has been stop hunting downwards on the Kraken ETCBTC pair repeatedly over the past couple of days: trade.kraken.com
It seems like everywhere I look at ETC there's poignant evidence that somebody has been accumulating a lot of it and that plans for a sizeable breakout are imminent. It makes a certain amount of sense too - ETC does largely the same things that ETH does right now but at far lower cost due to the much lower price of the token, it's in the top 20 coins by market cap and should make it into many of the indexes and funds that will emerge, and it's just become relatively cheap having retraced 80% of its December bull run before a failed April rally and crash back below a 70% retracement. This is a good level to pick out as a bottom if we think the coin has any future at all, and with the likely wave of ETFs coming we can say that there's a near-term future for nearly every coin in the top few dozen.
I'm an amateur and you definitely shouldn't take anything I say as financial advice. I would be interested in any feedback.
Ethereum Classic(ETC) Is Ready to Hit All Time High BITTREX:ETCBTC is One Of the top Crypto Currency,
Now the Price is almost 350% from the AllTimeHigh,
As per as charts, this coin have been significantly into buying zone. and still in downtrend.
In Past, the prices are Pumping from this level.
There is a Strong Support is at 200K, Price is almost at bottom.
Price is needs to break the resistance trendline to get the hell out of this downtrend.
So We can Expect min. 2X from this coin in Upcoming Days.
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Ethereum Classic (ETC) Vs. Ethereum (ETH): Too Big To IgnoreEthereum Classic (ETC) is currently up 5.9% against Ethereum (ETH) and is on the verge of a breakout given the Adam and Eve Formation. This breakout could most likely coincide with the announcement of Ethereum Classic’s Emerald Wallet on the 30th of April. This is a strong indication of an imminent bull run for Ethereum Classic. The coin has remained undervalued against its fork coin (ETH) for far too long. Ethereum (ETH) is almost 32 times bigger than Ethereum Classic (ETC) in terms of market cap whereas Bitcoin (BTC) is only 6 times bigger than Bitcoin Cash (BCH). This difference looks even more unreasonable and unjustified when you compare the technology, use cases, performance and team behind Ethereum Classic (ETC) with that of Bitcoin Cash (BCH).
Read Detailed Analysis here: cryptodaily.co.uk
ETC could pump anytime.LONG TERM ANALYSIS.
Falling wedge pattern observed.
RSI is showing bullish divergence on daily chart.
If it breaks out on the upper side keep an eye on ETC/ETH .
Target 1 - 0.044 ETH
Target 2 - 0.068 ETH
Target 3 - 0.10 ETH
Note :- Before taking a trade do your own analysis. You are solely responsible for your profit or loss.
ETC Ready to Shoot Up ($500+ ETC Prediction Stands)Watch out for the golden cross on the daily chart. As the overall market recovers, ETC is all set to set new highs. With increasing price of BTC, ETC will reach $300 to $500 in dollar value by July 2018. Maybe higher if Coinbase lists it or ETH developers migrate to ETC or any similar event occurs. ETC being a limited supply coin which makes it inflation proof could very well exceed ETH (no limited supply) in price as ETC is a better store of value in addition to being a utility token same as ETH. ETC/ETH chart is also looking good for a breakout. I don't normally say this but, this would be the perfect time to put all your eggs in one basket.






















