Updated

ETC madness

time for some speed pitchforking. HUGE NEWS for ETC

We have barely any ETC history so we need to stick with the few turning points we had.

i will update this with shorter term setups later. Very likely the pitchfork must be adjusted later but this is the best we have

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shillbert said ETC will be listed at NYSEC within the second week of February. We could rally until then, but we could also go sideways for the next 2-3 weeks until the news spreads. Currently the most traded pair is ETC/USD on bitfinex, which is indicating fresh capital coming into this asset.

If you didnt took your positions yet, you should consider the yellow pitchfork line as an entry point for the next few days.

2 entries, 2 Targets for each wave

In my opinion everything Sub 15k is a good entry point

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short term update: Chinese New year starts on 28th Jan, and ends 15th Feb

This is what we could see for the next 3 weeks

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ETC has a hard time during the bitcoin rise.
If we fall below the last FIB Level we should consider exiting this trade until the ETC trust is launched. Estimated time 2 weeks

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ETC is holding the triangle from my last updates, also we could see a nice 0,12 Dollar increase. Now with BTC starting to bull again we can see ETC correcting against it a bit, but the whole structure holds very good.

We see some good support with news and investors joining the game as long as this coin is pretty cheap.

Lets give it another 1-2 weeks

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very tight range. Lets hope we dont fall below.

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we fall below the triangle, and are back in.

Well on a technical basis it doesnt look too well, but finally BTC showed weakness so we can expect some love for our altcoins for the next weeks. dont be a weak hand on a fundamentally perfect investment

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double bottom and the monetary policy is out. time to double positions

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we have still no buy singal. lets leave this trade and try to enter lower

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this one shows signs of live. we had a double bottom and it´s following the pitchfork. With the ETC trust coming soon i expect this to get an interesting opportunity again

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acting strong. we can add on dips

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looks like the trend can continue from here slowly

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4 months after this prediction my target was hit, but i dont think the trend is over yet. I sold majority of my coins already, but i will invest 30% of my profits on this cup and handle fromation

Pato99

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Pato99