ETCUSD
ETC - StrongI guess this is my first chart for Ethereum Classic.
ETC's volumes are high and those are all high Buy volumes for now and it's moved up to the hot coin list on Binance and might attract some attention.
If you're into opening long position, wait until the price crosses the resistance area and then after the closure of the first 4H candle, open your long positions and aim for those 3 TP areas on the chart.
We might see a drop down to the support area but it's still powerful.
Current Market Price: $59
Good Luck
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Ethereum Classic has a lot of firepower left| Long term viewIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
Quick glance: As of now, ETCUSD is on a steady rise. It is currently leading the rise among most other Altcoins. ETH had a good rally the past two days and has now cooled off. However, its not so distant cousin ETCUSD, or Ethereum Classic, seems to be going steady at the moment.
Market in the last 24hrs
ETC can be seen to be entering a consolidation. Such a consolidation is quite expected after such a fantastic rally over the past four days.
Today’s Trend analysis
We are likely to witness some selloff going forward in the short term. As the buying frenzy subsides, ETCUSD will reach a lower price point than current levels.
However, on a longer term horizon, the potential to go much higher above current levels exist.
Price volatility remained high at approximately 13.64%, with the day's range between $62.84 — $55.296.
Price at the time of publishing: $58.64
ETC's market cap: $6.83 Billion
Out of 11 Oscillator indicators, 5 are neutral,1 is bullish, and 5 are bearish .
Out of 15 Moving average indicators, 13 are bullish, 1 is bearish and 1 is neutral .
Indicator summary is giving a 'BUY' signal on ETCUSD .
Volumes have remained high in the past 24 hours.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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Keep supporting:)
-Mudrex
Etherereum Classic Price Prediction:ETC-Major bullish breakoutThe Ethereum Classic price has exploded higher by almost 50% in 24 hours. As a result, ETC's technicals have swung from bearish to positively delightful.
Not only has, a double-bottom formed, the 50, 100, and 200-day moving averages have been left for dust.
Furthermore, the impulse move higher has cleared the resistance of a strong downtrend. Additionally the Ethereum classic price has regained it long-term uptrend.
As long as ETC sustains the $53.40 level, it should easily achieve 45% from here.
TP target: $84.00
SL: tight, and below $53.40 on a daly close basis
Ethereum Classic (ETC) - June 29Hello?
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(ETCUSD 1W Chart)
If the price holds above the 36.305-47.296 range, it is expected to create a new wave.
(1D chart)
We need to see if we can find support at the 37.180-47.947 area and break out of the downtrend line.
If the price is maintained in the 47.947-69.480 range, it is expected to turn into an uptrend.
If it moves down from the 37.180 point, you should touch the 25.179 point and watch it move up along the uptrend line.
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(ETCBTC 1W chart)
If the price holds above the 0.00097-0.0013736 range, it is expected that the uptrend will continue.
(1D chart)
We will have to wait and see if we can move above the 0.0012739 point.
In particular, we need to see if we can break out of the downtrend line.
If the price holds in the range of 0.0012739-0.0016415, it is expected to turn into an uptrend.
If it goes down, you should see support at the 0.00097 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
I Say 1000$ ; $30-40 is a very cheap figure.Seeing the future is not everyone's business.
Don't say I wish I had bought it in the future, buy it now, add it if it falls.
It is not investment advice. Install tp and stop.
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-The risk is twofold. The risk will decrease once the crypto gets validated. When the risk decreases, new riches will emerge.
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-When the risk becomes too high, the price drop will come.
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-Time reduces risk.
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As long as you don't turn cash, you are not considered to have made a profit.
Cash is what we can spend with a credit card. like $,€,£
When you spend in the future like bitcoin, ethereum, ethereum classic, you don't need to exchange for dollars.
For now Visa and Mastercard are in tracking status.
In fact, those who buy bitcoin at $ 65 thousand clearly in the future will not be upset again.
The top of Bitcoin is not 65 thousand dollars. There is a high probability that we will see numbers close to 200 thousand as a peak.
Here it will wait for a long time and fall. So when it starts to stabilize, bitcoin will drop.
There is no such thing as stabilization in high-risk money.
Of course, certain revolutions and innovations will be required for it to be 200 thousand dollars.
Crypto Marketcap I expect 10-12 Billion$.
Interest in Gold-Silver will gradually decrease.
Thank you So much. ETC $ Fake Season Do you understand me !
Rebuy ok.
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Lets go 20$, 10$, 1$(We want to buy all) Your support is ready.
Lets go , 28300- 27500-26900-23800 Your support is ready.
Sell all your pain to us // Binance
This fear has the opposite effect on me, we want to be more afraid.
Who says no free money :)
Ethereum ok.
EthereumClassic ok
Bitcoin ok
Bnb ok
Ftt ok
Ada ok
Xrp ok
Xlm ok
Doge (Short closed)
Dot ok
Ltc ok
Link ok
Xlm ok
ETC 1676.76$ Math Calculation! + Magneto + Berlin Update.Increasing mining will definitely increase the price. Now is the time to mine Ethereum Classic. Mining If the companies do not get into this business, we will buy the companies.
BİTCOİN= 89000$
ETHEREUM = BTC*0.12= 10680$
ETHEREUM CLASSİC = BTC* 0.0082180 = 731$
or ETC/ ETH { 2017/10/13}
1 eth = 1 etc = 1 etc is valid.
Let's go back to the past. How many ethereum did 1 etc see?
1 eth = 1 etc
so actually the top of etc is ethereum
When we calculate based on Eth and Etc miners
ETH * 0.157 = example 2346(ETH Price) *0.157(Mining Hash/Rate 13.06.21) =368.32 ,4375*0.157=686.87 , 10680*0.157=1676.76
All cryptocurrencies are shaped by bitcoin nowadays. Until this is broken, we will calculate the trend against bitcoin.
Contrary to popular belief, cryptocurrencies are indexed to bitcoin.
Definitely $, €, £ etc. is not.
All coins are based on bitcoin.
#Ethereum is shaped by #Bitcoin.
Ethereum Classic is also shaped by Ethereum.
All tokens are based on Ethereum.
Magneto and Berlin Update
Let's remember Ethereum's berlin update.
I will explain in terms of price.
What happens if a very fast monetary system arrives?
Unlike banks, crypto technology has taken flight.
software developers discover new methods, new trends, new connections every day.
It is nothing but a piece of paper printed by the States. It's a contract, a smart contract. It provides smart contract on Ethereum on Ethereum Classic.
$ETC Bottoms up (could be in as well ;))7THE JULY UPDATE :
$ETC seems to be riding the bottom having jumped from a LOW TO HIGH of 40$ - 60$
A return to the top stands to return 165% ROI
No bounce from accumulation zone then look to purchase between 40$-50$
If accumulation zone is broken then strategy becomes invalidated and we wait for new entry.
TODAY we hit the second bottom / accumulation zone ... plenty of room to pick up and fuel for a moon shot