A new support has formed when ETC broke out through the red resistance line. We should expect a retest (flag) followed by a big move in 2017/2018
Keep it simple Thank You for Your Support
The ABCDE correction is almost over, after hitting E, we are looking at a target of $45-55, I wouldn't short it from D to E though, as the sentiment is so bullish, and we could shoot up from here too.
Backtesting the moving averages shows very consistent results
IMO ETC is setting up for a breakout to new all-time high (on Bitfinex). It tried yesterday and failed but I believe this time it will breakout.
I see a great trade opportunity as Risk:Reward is very favorable The up-trending support & down-trending resistance line converge to form an apex, that signals us ETC will run out of space soon. Entry at $17 to $18.5 would be recommended. Any lower may be a bearish sign and higher will lower potential gain:potential loss ratio Stop loss can be set in local...
ETCUSD - traingle, I expect rise, but don't forget about stop loss.
Currently, the course seems to be in a sideways movement between 13.09 and 17.00. A few hours ago, it has been broken down by a long-term downward trend and a strong support will be touched in the near future. I think that the course moves to the resistance at 19.48
ETHEREUM is going to grow up with two certain aims. Do u know what i mean?
Ethereum Classic was first coin I had baking with by following the trades of @Greenhill last year (Awesome Times), maybe I'll become a fanboy because of that.
About to break upwards I think, just my opinion ^^' Timeframe m5. Cheers ;) PS : New York Token Summit Event very soon, should help accomplish that !
ETCBTC ETCBTC in its last run topped around 0.0058 and retraced to nearly 0.0029 (down 50%) for a healthy correction. Ever since there has been huge accumulation between 0.0030 and 0.0035. In the last 24 hours, we have noticed a breakout from its 'perfect' descending triangle formation and is expected to zoom past its previous high of 0.0058. Thus from...
At the very top of a descending canal. I'm long since way before 7.00, if no breakout by then I will cut it and try a small short.
TradeBlock's ECX Index represents a real-time, USD-equivalent spot rate for Ethereum Classic. The index value is algorithmically calculated once every second based on observed trading activity on leading Ethereum Classic exchanges. The ECX index includes markets that are liquid in the ETC/USD & ETC/XBT crosses, incorporating the XBX index rate to offer a...
With the recent important news of Bitcoin touching gold, that might quite be a relevant long scenario at term. Watching for upward breakout.