Charting $ETC on route to the hard fork

Some fun charting here - not financial advice

$ETC has been building up to a hard fork which is scheduled for block 5500000 estimated to be the 5th March.

Whenever there's a fork with a new currency being airdropped to holders, the prices tend to go pretty crazy beforehand, and ETC is no exception.

THE OPTIONS

I'm charting this last two weeks to give myself an idea of how to act. In general I'm pretty bullish on the new coin Callisto however I'm yet to decide what to do at the time of airdrop - options are...

• Hodl what I have currently in ETC and claim the new coin CLO
• Hodl what I have and accumulate more in the dips, then claim new coin CLO
• Bank some profits on the way to a new ATH, keep half my coins for the airdrop
• Dump all my coins before the airdrop and bank all the profits, in the hope that the new coin crashes on entry and can pick up much cheaper.

Will let you know more on my thoughts of the above in later charts.

WHERE WE ARE CURRENTLY ON THE CHART

1D chart against BTC

New ATH was set on the 14th Feb, I've drawn the bullish trend channel and some previous horizontal support/resistance lines to illustrate potential areas for change in price action.

4hr chart against BTC

4hr chart shows after the ATH on the 14th support wained, this was probably profit taking with sell orders. Then we've tested some horizontal support/resistance lines on the way down, and have found support at 300K sats - leading to another bull run.

1hr chart shows we've found resistance at roughly 370K sats and are currently in a mini dip, which is being supported at 344K sats.

I expect there to be a new attempt at an ATH later this week, but I think that taking into account FA, this attempt will be mostly dependant on how $BTC fairs with its push for $12K. The whole market appears to be tetchy at the moment, and any movement by BTC seems to affect all the ALTS (except maybe the privacy coins).

1D ETC against USD

Lastly a quick look at the USD daily, and IMO it looks like this bull run will continue. I've added the Ichi cloud and my RSI to help illustrate the opinion that we're not done with this bull run, especially as we have two weeks still before the airdrop!

All thoughts above are my opinion only, I am not a financial adviser and nobody should follow my thoughts, this is just for fun - DYOR if you are investing in #cryptoassets