ETC/USD. R Trader
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Thread: ETC/USD. R Trader

  1. #1
    Administrator RoboForex Administrator's Avatar
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    ETC/USD. R Trader

    ETC/USD


    Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed.

    This instrument is available for trading on the platform R trader. You can start trading with as few as 10 USD on your trading account.

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  2. #2
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    ETC/USD

    Ethereum Classic is traded in the downtrend of the daily trend, at the moment the pair is supported in the $ 3.50 - 4.00 price area. If this level resists (will not be broken down),
    a correctional growth can be on the level of 50% by Fibonacci from the previous day's fall, the goal is $ 7.00.


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  3. #3
    Trader nadezhda84's Avatar
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    eth.jpg


    The current rate in the ETC-USd trading instrument is $4.4900. The price is below 800 hours simple MA (4.9 USD). The price is located near the 20 level of Fibo diagram. The 4-hour stochastic (5,3,3) indicates that a downtrend is over and the uptrend is about to evolve. It may be a good position to buy ETC here to wait for TP of $4.9. Another possibility is to wait if it reaches $4.3 and become bullish at that point.

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  4. #4
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    Ethereum Classic USD has bounced from the lower band of the bollinger indicator at 3.900, it is currently trading at 3.980 and the moment it break the upper band of the bollinger indicator, it will climb towards 4.100, because of the rejection it has faced from under the band, it should make a retracement upwards above 4.100 before the selling can kick in again because the crypto currency is still bearish. Then we should see a new low at 3.500.

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  5. #5
    Trader nadezhda84's Avatar
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    The rate in the ETC-USD crypto-currency trading instrument is 3.919$. The local trend was bearish over the weekend, but now it has changed to neutral motion. The price is close to the local bottom, which is 3.83 USD. The 800 hours simple moving average points to 4.47 USD today.


    The chart with indicators, attached, shows that bullish retracement is due, and as soon as you get a signal for the bullish movement, you must buy ETC.

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