Looking for a breakout on GLC by June 20th 2019. I'm pretty new to charting and would love to see other ideas.
GLC
Goldcoin launch new ticker GLC tomorrowThis is the chart showing Goldcoin the night before the ticker change from GLD to GLC. Years in the making!
If you have 1 BTC you will get 1 GLC.
Here is the link to the reverse hard fork and goldcoin whitepaper . www.goldcoin.org
Chart shows Goldcoin (current GLD) since the announcement in December.
I believe that what we see over the past 8 days is some direct selling (IMO) in advance, and discounting offline since there is no semblance of an OTC desk - rather insignificant volume has moved, what looks like only 5% volume down, as everyonee seem to be holders and waiting this out .
Although the price is down 20-30% since early March, it is NORMAL since there have been two full months of NO price movement.
Telegram group community supporters suggest the price will skyrocket to $1-100 dollars up from 6-7 cents where it is now. In early december, it was 2 cents. So this would require a 50X minimum increase.
DYOR, all investments are risky.
Goldcoin reverse hard fork is supposedly taking place in June 2019 where Bitcoin holders will receive Goldcoin.
Tomorrow is the day for the launch of the new ticker GLC.
#2013theeory
