This chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur.
There is also a falling wedge on the ETCETH chart, indicating lower selling pressure.
Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will always be the real, immutable, and original Ethereum.
There is also a falling wedge on the ETCETH chart, indicating lower selling pressure.
Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will always be the real, immutable, and original Ethereum.
Uwaga
Let's see if we get to 0.0384. That's next stop.
Uwaga
Drew the fib levels starting at lowest support. This idea can fail if we break green trend line and go below supports. We'll see what happens.
Uwaga
By the way, my opinion on coinbase is that it won't pump ETC much, if any. Binance, for example, already has made a trade pair with USDT.
I think the coinbase hype is priced in, and when ETC goes on coinbase we get a massive sell off instead.
Uwaga
If my chart doesn't play out, ETC is still a decent hold for this bear market since we're near lows on ETCBTC.
Uwaga
Oh, well, I tried being optimistic. I am still holding. I don't care. We will probably visit 0.032 now. Long term I still believe.Uwaga
Uwaga
We could have a really strong 2-3 wave this time around. ETC IS A HODL.Uwaga
Uwaga
Break 0.045 and anything can really happen. It may result in a parabolic move.Uwaga
Uwaga
Uwaga
Very strange place to see resistance, nothing really of significance in terms of previous resistance. I think it could continue going up, just have to get through the sell off.Uwaga
Uwaga
I feel like we get a bounce soon, maybe at the neckline, not sure though.Uwaga
Haven't updated this idea in a while:Uwaga
Let's see if it's a double top, or more of an attempt to break previous level. Either way, I am holding ETC long term.Uwaga
Uwaga
I think ETCETH will go above 0.05. Only problem is ETH not doing so well, so in terms of USD things ain't great.
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