fiermanmuch

I'm going for the airdrop, and Today I just buy again the ETC :D

fiermanmuch Updated   
BITTREX:ETCBTC   Ethereum Classic / Bitcoin
when ETC airdrop news is coming on 12 January 2018, ETC is at around 0.0024-0.0025 satoshi. how much the price today? same as the day they announced around 0.0025. so? do you think the price of ETC gain because they buy it and going for airdrop? nope... because people too scare to going on an airdrop because of NXT hahahaa... so... its good... because of this i just buy again ETC, and i'm not scare to hold until airdrop. not like when NXT doing airdrop the price gain a lot... and yes we got a lot of profit from trading that NXT. at that time I'm not going on that Ignis Airdrop... I sell it on the top, because i know... NXT pump so hard because of that airdrop news.... and i scare they will drop a lot after airdrop... and what? yeah NXT drop a lot...

but not with this ETC :D. i believe they will not droping so hard. yeah maybe drop 10-20% but ETC price will recover again in some days or weeks. :D. the worst scenario is ETC will drop to 0.0015 satoshi... but... that will not happen like NXT drop... it will happened slowly, and this drop not because of airdrop effect. just my two cent :D

so are you going for the airdrop? :D
Comment:
Oh yeah. I'm holding this ETC not only for the airdrop also for the price. I believe etc will goes back to the channel. So my target is

1. 0.0030 :
2. 0.0035 :
3. 0.0040 :
4. 0.0045 :

Buy range 0.0023-0.0026
Stop loss: 0.0021
Comment:
currently people is affraid to buy ETC because they scare the ETC price will drop, i think... yeah... there is some room for ETC to drop... but not so much...

so... what happen to the market is now they waiting for ETC to DROP before and after the Airdrop... if the price is not drop after the airdrop, there will be a huge panic buy in ETC... because they will Fear of Missing Out the "cheap" price of ETC.

as you can see on the daily chart,
1D

ETC is already try to move up from the bottom.

in the 4h chart also ETC makes a double bottom, and usually this is a good sign that ETC will goes up...
4h

so... what happen to ETC after airdrop? yes... there is posibility for ETC to drop... but not so much. and then? ETC price will going back to the channel. if this happen... 0.0045 target is possible :D
Comment:

i hope ETC bounce back from this support level :D.
Trade closed manually:
hit my stoploss...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.