ETC BUY OPPORTUNITY Traders,
Here we have ETC/USD 4H chart.
This little monster will be on the stages soon.
The perfect time repeating can be formed on this chart and after reaching those point we will have our entertainment by watching bullish trend creating.
Cypher bullish pattern will be optimistic but linking RSI,EMA,Fib and all other important indicators say that seeing this happening after few days on ,240 and 1D.
The bear trend is getting so tight (ZOOM OUT TO SEE) for awhile and after breaking down a few days ago (brown area) everybody by saying it's bleeding I see it as an opportunity. I see it's the time or never and prepare Fibonacci to be broken till Golden one and maybe launch a rocket from there due to the hard-fork negative news every coin with hard fork before the new new coin will be supported by yobit exchange only. It's a good sign that the price didn't pump or dump like (NXT-ZCLASSSIC..etc not the coin lol) drops so we have an undervalued coin with a strong potential goals with me or not we will not see these prices again for this pair at the end or maybe mid of this year.
At the end it's my humble vision wish you all to enjoy trading with profits and losses too. Losses will give you a unique lessons later.
Check past ideas about this coin to make your right decision about this trade.
Kind Regards,
Mohsen
Etcbtc
ETCBTC when will hit the bottom?As I have indicated in comment on previous ETC idea, we have seen retest of pink uptrend channel. (I had to redo my charts, thanks TV), so now is trendline pink. Previous support is now resistance and ETC continue to fall into big black hole. And here is the positive part, it will not take long and we will hit bottom (probably:)). On the chart you can see three support lines, we had bounce from the first one and will retest it soon. If you would like, you can buy some ETC on this level, but it is highly possible that we will fall thru this time. As next there is second black line, which I indicated as support line on my previous chart, but as I had to re-do the chart, it came to me that we might see retest of blue line, since it is not far away. This time I would very much like to see touch of the blue line and reverse to upside, that would be best possible proof of trend change.
We will have the fork tomorrow, which might give ETC boost, therefore if we will see double bottom on previous support line, that might be good signal, however, there were some news about calisto will be not listed on bittrex for now, therefore this fall may be tricky.
So in short, keep eyes on the ETC for next couple of hours. If all support levels should be broken, I will have to redo my chart one more time:)
Stay positive.
M.
ETC - possible price increase.ETC sits on very strong support.
5 of March ETC holders will participate in Callisto ( CTO ) airdrop.
Last December when NXT was issuing Ignis ( IGNIS ) tokens, price of NXT went up 1100% (USD) or 700% (BTC) between 12/01 - 12/23
Not saying same thing will happen this time but consider this:
- ETC sits on strong support so You need massive momentum to drag price down below support
- ETC is 1/3 way up comparing to last cycle ( weak indicator (if any), as last cycle does not guarantee future price, but we have to compare to something )
- 3 months accumulation phase - those coins has to be distributed to someone.
- 5 of March CTO airdrop
Forget About Callisto, I Care About This (ETC Golden Cross)Don't let short term events make you lose sight of the big picture. A lot could happen in the next 10 days. Most of the times, good news coincide with good graphs (FA coincides with TA). People have been waiting for that Coinbase listing for more than a year now. There's also a lot of projects of ETC Dev Team coming to light now. Metronome ICO based on Ethereum Classic is also going to be announced this month. So, keep your ears to the ground and watch the macro play out.
DISCLAIMER: The author owns Ethereum Classic. This is not investment advice. Do your own research and due diligence.
ETC is soon finished with bearish cycle. New cycle ahead! BULL!ETC is soon finished with the bearish period and is setting off soon for a long period in a bull market! I would like ETC to see in the grean zone buy area one more time. I dont know in short term what ETC is gonna do, but in the larger picture I see the classical chart proven to be happening over and over. ETC is starting to be bull for a long time. FInally the holders might see some hope.
What Drop? ETC (Mirror Reflection + Inverse H&S)I don't mean to get your hopes up or sound overly optimistic. Just pointing out the facts. TA doesn't favor a drop. Only a rise from here. FA is clear: ETC compared to ETH (heavily undervalued). All those waiting on the sidelines for "the drop" to happen will soon get onboard when they see some price movement and realize this isn't ZClassic or some other sh*tcoin. There is only one drop and that is Callisto Airdrop. Good luck! :)