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Monday (5/3/18) there is the ETC 1:1 CLO fork. ETC massively dropped after Bittrex announced they will not support the fork.Yet keep an eye out for Binance and other big exchanges in the next 12h. They could announce a fork support any minute now and cause a nice price pump.
As with any coin hours away from a fork all Technical Analysis has to be taken with a pinch of salt. No one can accurately predict the next 24h of ETC. Yet, as history has shown us the moment snapshots are taken the coin in question falls like a rock being thrown out the rooftop.
Check my last post about ZCL as it is a similar approach as ETC yet ETC is a great coin with Long Term use whereas ZCL was probably the last time we hear of it. What that allows us is a short term return + long term accumulation with high probability of large return.
There will likely be a price increase in the next 12-18h. Right now is a good entry point. with targets @ 10-15% profits or below, just be sure to sell prior to the snapshot. CLO is not worth the risk as it wont be priced high enough to cover your losses of holding through the snapshot.
Secondary opportunity lies 1h after the snapshot is taken. ETC is likely to drop to a new 2018 low. This represents a great buying opportunity to add this great coin to your portfolio. ETC unlikely previous recent airdrops (NXT ZCL amongst others) is here to stay and to grow. Don't miss this opportunity to buy it for the low.
Trade at your own risk as this is not financial advice
~Azymetry
Monday (5/3/18) there is the ETC 1:1 CLO fork. ETC massively dropped after Bittrex announced they will not support the fork.Yet keep an eye out for Binance and other big exchanges in the next 12h. They could announce a fork support any minute now and cause a nice price pump.
As with any coin hours away from a fork all Technical Analysis has to be taken with a pinch of salt. No one can accurately predict the next 24h of ETC. Yet, as history has shown us the moment snapshots are taken the coin in question falls like a rock being thrown out the rooftop.
Check my last post about ZCL as it is a similar approach as ETC yet ETC is a great coin with Long Term use whereas ZCL was probably the last time we hear of it. What that allows us is a short term return + long term accumulation with high probability of large return.
There will likely be a price increase in the next 12-18h. Right now is a good entry point. with targets @ 10-15% profits or below, just be sure to sell prior to the snapshot. CLO is not worth the risk as it wont be priced high enough to cover your losses of holding through the snapshot.
Secondary opportunity lies 1h after the snapshot is taken. ETC is likely to drop to a new 2018 low. This represents a great buying opportunity to add this great coin to your portfolio. ETC unlikely previous recent airdrops (NXT ZCL amongst others) is here to stay and to grow. Don't miss this opportunity to buy it for the low.
Trade at your own risk as this is not financial advice
~Azymetry