casrules

Why is ETC performing so poor ?

Long
BITTREX:ETCBTC   Ethereum Classic / Bitcoin
Altseason ? Coinbase listing ? and still ETC more or less worst performer under all the top marketcap coins. Probably because its useless lol. However if you still want to trade this i expect a bounce at the box and with the coinbase listing almost around the corner it should hold and push up to next resistance. But i wouldnt expect a lot from this coin.
Comment: reached box as expected. Should bounce from here.. will probably stay there for a couple of days. ETC is very slow moving
Comment: Good thing about ETC its also performing better in drops than others alts just because its moving way slower. What makes dropping support even worse. Still the day just opened so we need to see how we proceed. But dropping this support would lead to way more downside than i expected tbh.
Comment: All alts tanked way more than i could image tbh. This really needs to bounce here or it will retrace to the trendline again and i don't know if just the coinbase news can push this up again. I wouldn't trade this coin right now there are way better options out there.
Comment: bouncing on trendline for now

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