i believe we've gone through the 1st 4 waves of etc with a final 5th one coming very soon.
in the short term with btc looking shaky, especially with markets less than hours away etc may drop more, but overall, with a bit of patience, ETC will climb and continue climbing.
Going off the fib extensions ,wave 3 peaked halfway between the 1.0 and 1.618 fibs.
I don't see it unreasonable for the final 5th wave to reach the 1.618 levels at all, hell it might even go above, but we'll keep tabs on it when the time comes.
The fundamentals are great for this coin too with an absolutely packed 2018
1) We have the callisto airdrop on march 3rd
2) etc wallet release by 31st march
3) beta mobile release by 30th april
4) end of may eth sidechain compatibility, and it just goes on with big news month after month all the way to end of november.
lmk know what you guys think :)
my first idea, so please critique it to your hearts content, im still learning waves with fib incorporation so grill me :)
2 scenarios, bull - up to 300,000 next fib resistance
bear - back down to 240-50kish which is where we entered
but ETC is one of the few coins still holding extremely well.
244k is current support, if we fall through that 220k is our next support.
This coin has great fundamentals for this month, so if you've entered already, I recommend to hodl through all this