ETC had a nice bullrun like the rest of the alt coins, but just like his grandpa ETH, it's not gonna hold it any longer. This inverse Cup & Handle will play out and I expect the downtrend to be about -45%.
Please like and follow if you agree with this idea.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
i dont agree, to me trendline is still holding and price is above main supp , 200SMA hold on 4 hour chart. i think ETC may go up when BTC bull over, let's see what happens if there is another leg up on BTC !
patterntrader
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In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
FxTicks
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You BEtter see the Cup and Handle Upside :)
DmitryMayakovsky
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The fall of all altcoyins is due to the fact that they go into the biton and the fall will be almost the same for everyone, however you draw too eerie graphics. Such a fall is simply a gift from God, but this will not happen. Bitcoin is currently blowing a huge bubble to 2000-2100 by Poloniex, after which either the money will go to the Altkoks and their growth or money will be withdrawn to the Fiat and then your scenario is real.
p.s
Sorry for my bad english
xShaminox
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Making higher lows
hkmh
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I would suggest you to work with fibonacci extentions, retracements and timezones, resistanses ans support and trendlines , since you'll be mostly wrong with your chart analyses, even your pictures show that u ve a good sense of art..
tradingview.com/chart/y4l3wz7T/
We ll see etc at 0.01 bitcoins until august..
CoinMajesty
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@hkmh, I work with all those and I am right in most of my charts. Check out the ones for STR, BTS, XRP, LTC, ETH and some others. I had good calls. It's true I should had done a better analysis on ETC though, I recon that :)
Thanks for your comment!
Stell52
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Adam and Eve Pattern ? look at crucial level 0.0038-0.0039, if it breaks we will go Up ! (moon)