ETC is a sleeping giant Technical Analysis TF 1D: - Price now: 0.0024 - 0.00249 - Found Symmetrical Triangle - Trade History is crossing, buyer power is going up which means demand of this coin is rising - Huge Major Trend up - Elliot Waves show that huge wave is coming - Resistance: 1. 0.0025 ( TF 30 Min ) 2. 0.0027 ( TF 1D) 3. 0.0036 - Support: 1. 0.0024 2. 0.0021 3. 0.0018
Below is the News of ETC 29 January 2018: ETC will release Address to Address Messaging System 28 February 2018: ETC will introduce sidechains architecture 5 March 2018: ETC Hardfork ( reddit.com/r/EthereumClassic/comments/7pp7dp/ethereum_commonwealth_development_update_11_jan/ ). there will be a free airdrop for ETC holders named Callisto ( CLO ) with ratio 1:1 The problem that will be solved by the project is: - There is no incentive for coin holders to continue to own coins which is important for "store of value" currencies. - Interest and influence in the network are not balanced. The balance is strongly biased towards the miners. - Lack of governance system. Cold staking protocol could serve as an intermediate step for governance system implementation
Conclusion: Now ETC is support by great chart and support by these great news ( TA + FA = Moon ) There will be more than 100% potential for this coin to rise ( Long Term ) i recommend you to entry this trade for LONG TERM Target base on FIB 1. 0.0036 2. 0.0051 3. 0.0065 4. 0.0074 5. 0.0089 ( ETC ATH -0.64% expect to be great resist ) 5. 0.01
Kommentar
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TF30 min Found: Descending Triangle Support: 0.00251 Resist: around 0.0026
@kaslie, can we forecast timerange for 0.0036 target man?
elke111
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@kaslie, is it possible to etc reach 0.0036 in 10 days for example
kaslie
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@elke111, Oh i see
i don't have experience to forecast the timerange of my target
but let me try this
according to the chart, it will reach 0.0036 around 2 days - 12 days ( If BTC is not doing another rally, otherwise ETC will go down to support line which is 0.0018 )
because at the Dailychart elliot waves, obviously ETC is preparing for the next wave rally