Ethereum Classic Very Good Development

in #ethereum7 years ago

Bunch of lines. Just trying to figure out where ETC is going.

ETC is one of my favorite alt coins. Fundamentally very strong with a lots of events ahead.

  • Short term:
    Ascending triangle + macd cross-> should be enough to push it through 0.00234567 sats resistance making first target 0.0028 green line which would match 0.786 fib retracement.

  • Mid and long term:
    ETC seems to follow rising channel in purple dotted lines. There's also one tentative faster rising channel (purple dashed lines). If remains bullish , ETH should double it's Bitcoin value by the end of April and reach ATH levels by November 2018.
    Screenshot (1).png
    Purple lines: weekly resistance / trend lines
    Green lines: daily
    Orange lines: 4h

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ETC was pumped for the CLO Airdrop and then the ETC hodlers dumped prior to the airdrop so they would not suffer the dump from CLO investors dumping ETC after the snapshot.

it has a good project and once pow comes in for ETH we will see a great rise from ETC but short term its still looking good.

Happy to see here i found crypto expert... Please update more about it. And other cryptocurrencies... I am new in crypto and dont know the abc of it... Thanks sir

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