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imhoshortnow
Feb 15, 2018 10:22 PM

Elliott wave shocking on ETC 

Ethereum Classic / BitcoinBitfinex

Description

I recalculated the Elliott wave and the conclusion was shocking!

My calculate:
1st wave: 27% up
2nd wave: 12% down
3rd wave: 50% up
4th wave: 24% down

Fall (2nd;4th) and rise (1st; 3rd) have doubled in the waves
uptrend: 27%-->50% nearly
downtrend: 12%-->24%

5th wave (100%): near to 0.006!

5 of March: CLO Airdrop

Trade active

We stay bottom of fourth wave. Didn't break the support line.
Good chance of big profit

Trade closed manually

Etc broke the strong support line.
I'll be coming soon another chart.
Comments
Baldy123
I don't believe the coming airdrop is much worth.. The fundamentals of the CLO is not promising and the supply is very large and hence somewhat in doubt that the price will increase significantly... ECT may be consolidating upwards 5. march and then drop to new low.

The ECTUSDT has already increased +100% in a weeks time..
imhoshortnow
@Baldy123,
I agree about CLO and airdrop little bit scam, but...

- break the big resistance line (BTC-ETC)
- ETC is a very strong and undervalued coin
- Come fork --> in April ETC Remove Difficulty Bomb
- etc...
Darkside999
@Baldy123, it doesn't matter. It will do well regardless stop spreading FUD lol
taakpar
nice,thank you
imhoshortnow
@taakpar,
Thanks,
Wishing you great profits!
Stay tuned ;)
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