Why purchase ETC?
-approaching a cup and handle setup
-hard fork proposed to occur SEP-DEC 2019
-bullish cryptocurrency outlook with bitcoin being close to 10,000 being the "psychological number" of FOMO in the previous bull run
My opinion
I see ETC as a sleeping giant. The technicals clearly show that we're pushing a major breakout above $9. The final catalyst to this trade is the HARD FORK. Many cryptocurrency investors have little insight about the hard fork and as soon as it gets heavily publicized all the FOMO shall come. I'm projecting a 100% return within 1.5 months and a +300% anywhere from 3 to 6 months.
About me
I've been trading for 7 years and entered the cryptocurrency market in 2016. I trade on support/resistance with volume and news as a catalyst. Following Fib, MACD, RSI and Cloud is great, but my method has brought me great success. In conclusion, ETC is a great long-term hold and I will continue loading the bag until $9 has been broken.
This is for educational purposes only and not financial advice.
-approaching a cup and handle setup
-hard fork proposed to occur SEP-DEC 2019
-bullish cryptocurrency outlook with bitcoin being close to 10,000 being the "psychological number" of FOMO in the previous bull run
My opinion
I see ETC as a sleeping giant. The technicals clearly show that we're pushing a major breakout above $9. The final catalyst to this trade is the HARD FORK. Many cryptocurrency investors have little insight about the hard fork and as soon as it gets heavily publicized all the FOMO shall come. I'm projecting a 100% return within 1.5 months and a +300% anywhere from 3 to 6 months.
About me
I've been trading for 7 years and entered the cryptocurrency market in 2016. I trade on support/resistance with volume and news as a catalyst. Following Fib, MACD, RSI and Cloud is great, but my method has brought me great success. In conclusion, ETC is a great long-term hold and I will continue loading the bag until $9 has been broken.
This is for educational purposes only and not financial advice.