Traders, Here w have ETC/USD 4H chart. After breaking-down the bull trend-line a few hours ago and not breaking the 0.0.382 Fibonacci. we are heading to 0 Fib the inverse and I'm gonna draw the not inverse next few hours to reach the all time high again After closing above that one we will will be confirmed break & heading straight to all time high again....
Super short term trade! Would not recommend. Mainly doing this for future documentation. Coins that are being bought for a fundamental reason (see $ICX, $VEN, $NEO) are able to do what other coins can't, and that is hit 80 RSI with ridiculous breakout continuation patterns. The fundamental reason for ETC is the airdrop (and the fact that it has one of the highest...
Well hello ETC freaks, As you can see I do really expect a huge run for ETC. I am not giving THE target because I don't think we can imagine the result :) Have fun trading :) quiet wizard
Smart accumulation, dollar cost averaging and then sensibly holding to lock in some gains after the airdrop and then buying again and preparing for the next set of bull runs is the name of the game here. ETC is still massively undervalued. We are betting on a transformation in market perception and acceptance of ETC over the next couple of months. I like my odds.
About to break out of the wedge most likely to the upside for another bull run.
The moving average EMA 50 crosses the EMA 200 upward, informing us of the probable recovery of the bullish trend. Also such a formation of technical analysis is called a gold cross. Look at the chart when it had happend the first time =) Generally, we can go lower now because of the BTC's movings. But you shouldn't panic anyway. ETC was sleeping for a long time...
My ideas on ETC and where it will go before March 5th and the airdrop of Callisto (CLO). I think we will see a break out of the upward channel and could hit the .005100 range or higher. Any and all feedback would be welcome!! Happy Trading :) Much Love DustyPH
Traders, Here w have ETC/USD 4H chart. After breaking-out a few hours ago and breaking the 0.618 Fibonacci (Golden one) we are heading to 0.70 and after closing above that one we will heading straight to 1 all time high again. Without closing we will retest the uptrend again and waiting of bull keep going Regards, Mohsen
Lets break down what just happened: 1) ETC broke out of the huge ascending triangle that has been forming for a couple of months. 2) Price went back down to test the break out line. It bounced off that support line nicely. 3) ETC is now boarding for moon landing. Target is still 550k satoshis, but watch out for resistance at 473k sats (green line).
Chart is very clear, also ichimoku cloud is giving us uptrend signal, along with the EMA crossovers... Target based on the W bottom is 0.0635 Stop loss should be around 0.0284
If history is any indicator, we have seen extremely high levels of interest prior to an airdrop because everybody wants free coins! The recent airdrop was that of NXT coin. The price surged an astronomical 2500%+ almost 33 times its value and made new highs. I have put the price charts for ETC and NXT alongside to compare price rally leading to the airdrop by...
I expect some serious interest before the Callisto airdrop which will drive prices upwards of $200 most likely. However, it may drop soon afterwards as people take profit. Having said that, I think this will bring ETC to the limelight and I expect it to be listed on Coinbase soon after the airdrop. My prediction for ETC for 2018 is $500. I know some of you might...
A clear head and shoulders formation can be seen on the daily chart for ETC. This indicates an upcoming bull run in a few days time which could drive the price upwards of $40. For more info on Ethereum Classic, check my previous posts to find why I'm such a big ETC believer and why I think it is massively undervalued and could reach $500 by the end of the year....
on the left is shorter chart, showing falling wedge, will buy the breakout towards the upside (if breaks resistance) and enter with medium position, and add to position on price bounce on resistance turned support (top downtrending white line on left chart). all details / numbers / text and info is on chart :)
$Etc , Big Fomo Scenario :) High-Volume Bars are a Good News Story
Wedging out ... Top line acts as resistance, bottom line support. See which way it breaks.
$Etc , We will waiting for u my darling :)
Hello! Ethereum classic has a huge potential on grow. A few big event is to take place in January. Good luck.