this was a right analysis, most of the other etc TAs are misleading, they are not sincere or fools, or very emotional. I don't know. its probably going down to 0.0032+
gusta78
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This will not happen. ETC has a hard fork and many news. It will go up sure.
JulesImbert
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@gusta78, don't misunderstand me. im saying he need to accumulate. but it is stil a uptrend.
Wetdog544
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@gusta78, What part of the statements below will not happen?
gusta78
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@Wetdog544, The part that saying a slow shift to the right. I think it will continue increasing with no sideways movement.
Wetdog544
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@gusta78, In the last 8 hours we have tested the same low of 0.0035 three times and there has been zero upwards movement. Hmmm. A slow shift to the right is what I will call it. What will you call it?
Wetdog544
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My Elliott Wave shows an uptrend to 0.003790 then a slow shift to the right (as per your picture above) with a slight drop to 0.00374 before the next rise to test the 0.004000 resistance
JulesImbert
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@Wetdog544, yes, it could be, wait an see. but it will be very fast. i think it need to accumulate a little.
still not the best time to buy.