Ethereum ETC Buy Opportunity

in #cryptocurrency • 9 years ago

 ETC had a strong uprise last few days, dumped and found support at 21$,  subsequently recovered and is consolidating now while Moving averages  are catching up
We have to wait for a rejection bar on the 50 MA that will give us  bullish  confirmation and allows us to place a Buy order
ETC hard fork on 12 Dec would give us a push
 

IN CASE of  bullish  candle:
SL = 27$
TP = 33$  

 Only 50 minutes to close on the 4h ,beautiful green candle, MACD  diverged bullishly on the 1 hour and is about to do the same of 2,3 and  4. Looks good!
 

By the way, it is not a hard fork, it is sort of an update to the  blockchain, lowering the amount of periodically "printed" ETC, thus  increasing value.  

#crypto #ethereum #etc
9 years ago in #cryptocurrency by
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