#ETCUSD - A Small but Profitable Short?Having just locked in 10% with our Long trade on #ETC we're looking at a small but well-worth-doing Short trade, expected returns of around 10%.
We've seen the price test and get rejected several times by the upper resistive trend line and now we seem to be trapped in a wedge formation - the price may trend within this range for a small time but given Crypto market sentiment after the recent Bull run, we can see some volatility coming!
We don't see massive gains on this one, but 10% is 10%!
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Ethereumclassicshort
ETC, A Nice Shorting OpportunityEven though we are near a significant support ETC shows a strong downtrend energy and I believe we can take some risk to harness it. So let's Short ETC .
We can watch these levels for a reversal:
0.00185
0.001325
But I suggest you to follow the trend and see where it goes before its energy exhausts.
And as usual, let's be humble and admit that we can be wrong. The best way to express this is setting a Stop Loss . Mine would be at 0.0025081 .
ETHEREUM CLASSIC HOLDERS CALLISTO AIRDROP WARNING (HIGH RISK)We would just like to warn everyone holding Ethereum Classic at this time that potential for a short term drop is very likely. We do not anticipate anything close to Zclassic drop of over 85% but over 20% is possible here.
We will sell right before airdrop. Purchase back at good price if it falls right after.
If you want Callisto drop, hold, but just note that there will be over 6 Billion coins and you're only getting 1 of them per you Ethereum Classic which is a very unequal drop, since Ethereum Classic only has about 200,000,000 Supply (don't quote me on the exact number)
Day traders can expect a good pump when Binance announces support (if they announce it).
Do not invest what you can't afford to lose. We are not your financial advisors.
Ethereum Classic ETC up to 450% Profit in Weeks (MEDIUM RISK)Ethereum-Classic is a phenomenal coin as is, but that is not why we will be having a crazy run up in price. ETC will be having an airdrop coming in on early March. Coin that will be dropping is called Callisto (CLO) and ratio is a shocking 1:1 - meaning that if you own 10 ETC, you will receive 10 CLO. Please note that we are not yet sure on which exchanges will be supporting actual airdrop. They usually announce that closer to the date.
Just remember the over 20x price hike we had with NXT and Ignis airdrop. We are not expecting anything that crazy here due to high price per coin, however anywhere from 150% - 500% is possible.
Invest only what you can afford to lose. We are not your financial advisors.