DipBlue

4H Timeframe New Bullcycle

Long
BITFINEX:ETCBTC   Ethereum Classic / Bitcoin
We can see by our main indicators that ETC is way oversold

Lot of FUD on Callisto and ETC had been made recently (the initial distribution is 1:1 ETC so at the start it will be as CLO token than ETC, CLO will introduce cold staking so stakeholders will earn passive CLO income this is huge, there will sure be a little drop after the snapchot but in mid-term long-term ETC will remain heavily bullish, lot of developments is in progress and lot of milestones to come.

We could ask ourselves if after the ZCL snapchot soon a money flow will come for the airdrop maybe

Stochastic 4h was oversold there is a reversal going on very sane, the same for RSI and the MACD is reversing

Very bullish on short-term, these indicators are also starting appearing in 1d chart.

2 scenarios for the next hours/days

Trade not what you can't loose

All great wishes and luck friends
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