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Author Topic: Is it good time to enter in $ETC?  (Read 173 times)
Lasky366 (OP)
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July 31, 2020, 04:37:08 PM
 #1



$ETC

ETC is forming a Descending Triangle. Considering a short position if there is a confirmed rejection of the Resistance Trendline, and reopen a short position📉 in case we break out of the Descending Triangle pattern.

Setup is invalidated only if we have a confirmed breakout of the Resistance Trendline.
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July 31, 2020, 05:38:19 PM
 #2

what about the ETC fundamentals? will have be a big event in August?
If have, I'm sure the ETC is really bullish, or maybe the ETC can follow the Bullish ETH?

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July 31, 2020, 06:01:05 PM
 #3



$ETC

ETC is forming a Descending Triangle. Considering a short position if there is a confirmed rejection of the Resistance Trendline, and reopen a short position📉 in case we break out of the Descending Triangle pattern.

Setup is invalidated only if we have a confirmed breakout of the Resistance Trendline.
Your analysis seems to be good but recently eth has been bullish and seems to have good momentum so historically etc also follows eth  so may be this dip could be last good entry opportunity for etc and then it can breakout of this triangle and find some bulls.

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July 31, 2020, 11:01:08 PM
 #4

what about the ETC fundamentals? will have be a big event in August?
If have, I'm sure the ETC is really bullish, or maybe the ETC can follow the Bullish ETH?
It will not have any big event like ethereum, that's why it's better for people to move their portfolios from ETC to be changed into ETH as it will be much more profitable. I think that we will see a very good thing that will happen with ether asap. ETC will not get any momentum at this moment. In fact, ETC has been losing its popularity

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August 01, 2020, 09:12:28 AM
 #5

I haven't heard from ETC for a long time, I think it's better to enter ETH now because the ETH 2.0 hype hasn't finished yet and this will keep the price of ETH going up

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August 01, 2020, 02:13:29 PM
 #6

I haven't heard from ETC for a long time, I think it's better to enter ETH now because the ETH 2.0 hype hasn't finished yet and this will keep the price of ETH going up
The ETH hype can also have an impact on the ETC, if the price of Bitcoin can hold above $ 11000, or not fall below $ 10,000 again,
ETC will also be able to create a bullish momentum
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August 01, 2020, 02:52:09 PM
 #7

Even if ETC has a hard time to increase, I am sure that ETC will increase. In the next bull run, I think many altcoins, including ETC, can increase again because that will be the right moment to lift the price to the higher price. I don't hear progress from ETC, but I guess that the project still runs until now, and it's waiting for the right time to start the rally. While the price is at a low price, you can buy ETC and hold it for some time, but you need to analyze it.

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August 02, 2020, 07:36:22 AM
 #8

Even if ETC has a hard time to increase, I am sure that ETC will increase. In the next bull run, I think many altcoins, including ETC, can increase again because that will be the right moment to lift the price to the higher price. I don't hear progress from ETC, but I guess that the project still runs until now, and it's waiting for the right time to start the rally. While the price is at a low price, you can buy ETC and hold it for some time, but you need to analyze it.
ETC was already start to raise in the market, so we can make good growth in short period. Because if we analyse the last 7days results of ETC it will grow more than 12% percentage and still it is stay in positive region so we can choose the ETC in current period also we make a good profit. Normally all the investors concentrate the huge growth, so ETC also one of the best growth in crypto market.

I see a good move from ETC, but I don't know if it can stay at the market for a long time or not because it will always change. But if ETC can break $10 this month, that will be a good sign for ETC to still surge to another high price. The investors are still thinking of investing in ETC or ETH, but if they see that ETC can bring more profit, they will invest in ETC while the price is at a low price.

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August 02, 2020, 09:06:45 AM
 #9

I have removed my interest to ethereum classic long time ago.
But it's still a top coin so if you think that if it crosses the line on that graph and it dumps, you'll buy what you want.
In this trend, it's best for bitcoin or ethereum to take your attention.

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judaspriest
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August 02, 2020, 01:05:23 PM
 #10

what about the ETC fundamentals? will have be a big event in August?
If have, I'm sure the ETC is really bullish, or maybe the ETC can follow the Bullish ETH?
It will not have any big event like ethereum, that's why it's better for people to move their portfolios from ETC to be changed into ETH as it will be much more profitable. I think that we will see a very good thing that will happen with ether asap. ETC will not get any momentum at this moment. In fact, ETC has been losing its popularity
it looks like your words are wrong, ETC is increasing now, I bought a few ETCs yesterday,
and I'm grateful to have profit, then is it finished for ETC? or buy back again?

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August 02, 2020, 04:32:05 PM
 #11

I will prefer eth for investment. Eth has a great value and in future it will stand in a good place. Try to invest on eth and hold it strongly for more profit.

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August 02, 2020, 05:06:53 PM
 #12

It is not wrong to buy or hold ETC for long and short term because ETC is a popular coin in the eyes of investors, the increase continues to be seen for the ETC until now It is not wrong to buy ETC now because the price is still cheap

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August 02, 2020, 06:50:05 PM
 #13

This whole bull run was started by ETH, which then dragged in other alts and finally bitcoin. I think there's a convincing case that it was the ETH surge that finally caused bitcoin to pass and hold over $10k.
ETC I'm not so sure.

The reason for the sudden interest in ETH are the FOMO around DeFi, and the expectation of staking rewards in the 2.0 upgrade. ETC I think is just along for the ride, and is moving as the whole market moves, not out of any real strength or weakness of its own.

I think ETH is probably the better bet at the moment... at least until the run goes too far and it gets over-priced and starts to tumble... but we're not there yet Smiley






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August 02, 2020, 07:00:11 PM
 #14

Now that position of the market can go in any direction of the market. Now the most important thing to look at is where Bitcoin will go. Because Bitcoin was up to $12k today, but could not hold much time dumped hard from that position. Now is an important time for bitcoin, which will determine the next price change of Bitcoin. So now you have to be careful while buying any coin. Because of the slight movement of Bitcoin, the price of these coins can change drastically.

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BC.GAME
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..CASINO....SPORTS....RACING..


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republicrypto
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Keep it Simple guys :)


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August 02, 2020, 09:43:11 PM
 #15

what about the ETC fundamentals? will have be a big event in August?
If have, I'm sure the ETC is really bullish, or maybe the ETC can follow the Bullish ETH?

i think in fundamentals, a bad news coming to ethereum classic my friend

On August 1, several figures associated with Ethereum Classic (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Ethereum Foundation member Hudson Jameson who stated that: “Exchanges need to pause deposits and withdrawals.”
check this out
 https://twitter.com/hudsonjameson/status/1289465730602119169
 https://cointelegraph.com/news/ethereum-classic-blockchain-splits-due-to-reorg-by-a-single-miner
regards
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