This is why we can buy ETC right now.
As you can see, ETC price pull back on fibonacci retracement 50%.
And this time price is being supported by EMA50 and EMA100.
Using Gann Fan to see target zone around 9$ (this is also a strong support on Oct-Nov 2018 )
Because price is not going above EMA200 so we have to stop loss around 4.8$.
If price comeback, we...
ETCBTC has been trending bullish since early March. We see an opportunity for a low risk, high reward trade entering in this recent pullback and bounce from its lower trend lines.
Buy: 4.6 - 4.8
Target 1: 4.9793
Target 2: 5.1367
Target 3: 5.3065
Target 4: 5.4827
I always reccomend when BTC is looking shaky to go ahead and switch your swapping to a stable coin pair, this way if BTC drops out on you your SL will pull you out entirely rather than take the drop with BTC and ETH. Indicators and technicals look good for ETC, BTC however is pushing hard resistance now so set SL = 4.66 and is tight enough. T1 = 4.85 / T2 = 4.95 /...
ETC - Ethereum Classis forecast
Frame: 1D/ 4H stop downtrend and there is minor uptrend.
Short time: minor upward follow market recovery minor, refer zone BUY and SELL
4.50 ~ 4.65
STOP LOSS: under 4.3
ETC - Ethereum Classis basis Information:
Ethereum Classic is the original Ethereum blockchain...
After weeks of relentless consolidation in a range-bound market, the Ethereum Classic (ETC) finally made its first northward stride by storming past key resistance level of 4.50. Before the celebration could even begin, price has approached yet another critical hurdle at 4.75 that could halt further advancement for the comeback kid. From the current market...
Hello crypto traders,
Currently the cryptomarket seems to trend sideways. It's pretty hard to trade a market with leverage when there isn't any form of volatility so we will do something different today. Our eye fell on ETC while we were scanning the market. The market is currently in a corrective ABC bounce. Although there are some indications that we finished...
**Update to previous post**
Looks like we did NOT break weekly trend. A retest of the top trend line (~$4.15-$4.20) or the last couple of local lows (~$3.00-$3.50) could be in the cards. Hopefully you got stopped out if you entered this setup (see previous post).
For now, we sit out of this coin until we see a breakout.
Hey fellow traders, it's your boy Pic again. Looks like we could finally see BINANCE:ETCUSDT move if we can break this massive weekly wedge. The likelihood of it breaking upwards is pretty good if we can keep this bullish divergence, and of course $BTC doesn't poop out.
Chance for a breakout to around $5.60! We will see if we get a breakout and followed by a...
Just a follow up on one of my favorite long term assets. Its the lesser known Ethereum that is going to surprise the market. #classiciscoming
Highest scored coin on Coincheckup: technical/sentiment/investment/purpose/communication/roadmap/team
-Backed by wall street:
Digital Currency Group and its subsidiaries
Grayscale Digital Currency Group