For the last months I wasn't spending much attention to altcoins, except from their total marketcap point of view. Most of the time they were bleeding out anyhow.
What brought my attention to BINANCE:ETCBTC? I was screening some of the volumes to marketcap on CoinMarketCap and found that ETC has a really hight volume to marketcap ratio, constantly over the last...
Trying to break from descending trendline as volume flows in...
Only willing to take a chance here if I see some flip into support at current level (green line)
UCTS Buy signal on the 8H just appeared..
Ethereum Classic (ETCBTC) is showing a nice bullish candlestick pattern called bullish engulfing... This only confirms after the daily candle closes today above 0.000543.
This and other signals are telling me that ETC can go bullish soon. We have above-average volume today (still developing as well) and a bullish RSI... Let's proceed straight to the trade...
ETC has hardfork on September 17th. This may be a fundamental cause for further growth, if crypto market stays healthy. Targeting these resistance zones: 575 - 600 - 620 -640. Day chart so this may take some time =)
Trade on your own risk!
Today's pump was fun, but on low volume, so probably not enough to signal reversal.
May these heavy bags be a lesson, both in the foolishness of buying bear bags and in patience.
if I see 10k sats I'm buying it all immediately.
ETCBTC forming falling wedge - reversal pattern
Ethereum classic was one of the seven coins approved by the Thai Securities and Exchange Commission (SEC).
The Thai SEC based its decision on the liquidity of the cryptocurrencies and on their consensus credibilities, among some other criteria.
ETC’s acceptance by the Thai SEC makes one more thing for...