ETCUSD can be ready for more upside as market can be forming a new bullish setup formation based on Elliott wave theory. Ethereum Classic with ticker ETCUSD made an impulsive five-wave recovery since December 19th of 2022, when we spotted a completed ending diagonal/wedge pattern within wave C of an A-B-C correction. A five-wave recovery indicates a change in...
Hi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with BTC pair. In previous trade ETC slightly move below the potential reversal zone, however, recovered soon and pumped well. Now on a 4-hr time frame, ETC is about to complete a bullish Gartley pattern: Note: Above idea is for educational purpose only. It is advised...
For those who got in below 10$ congrats! The long term trend line (log scale) shows that should the ETH bullish momentum holds up the near term price target should be around 28.5$ - 30$ (overshooting). Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long...
Ether classic is not really functioning well but as altcoins jump so will eth classic bringing the grayscale ether product with it.
Was gonna publish this sloppy chart a few days ago and go a little heavier on it myself but its probably still worth buying the breakout with a close stop. Only grayscale fund to not go full batshit yet
ETCG fund overshadowed by ETC hack WE know this could blow over and it will pop up any day now. BUT I will nibble around $9 til the inevitable break out. Hopefully this happens before Sept 18th but i can wait.
During the last bull run in May and June last year, ETCG, the OTC fund, performed around 4.8 X the high price of the cryptocurrency ETC, Ethereum Classic, which it tracks. This was bewilderingly high performance. ETCG went on to abruptly lose almost all of this value before Ethereum Classic even truly began its deflation from its high. ETCG is very volatile. A...
Dorsey on Ether: 7/8/2019 This was sent out to members yesterday. We are going to be diversifying our reports and adding certain sectors/etf instead of just covering the SPX. We did our first one yesterday and the timing was perfect, as etcg was trading at 21.10 when it was sent and hit a high of 23.70 or an 18% gain in 1 day. Not BAD!! From Woody Dorsey: I...
Grayscale's ETC product (OTC: ETCG) has had rockets attached to it since it hit the market earlier this year. Not sure if it's crypto hopium bleeding over to Wall Street or demonstrative of demand for exposure to crypto without holding it, but it adds to the arsenal of money making plays with traditional trading platforms. ETCG retraced about 50% from its recent...
BYND is in a strong and tight bull channel since the IPO. This bull trend from the open is what a trader wants to see when buying for long term investments. Last week formed a reversal attempt. When the market is strong, first reversal attempts fail 80% of the time and instead create the start of a second leg up. The bears will likely need some form of second...