ETC had a strong uprise last few days, dumped and found support at 21$, subsequently recovered and is consolidating now while Moving averages are catching up We have to wait for a rejection bar on the 50 MA that will give us bullish confirmation and allows us to place a Buy order ETC hard fork on 12 Dec would give us a push
Only 80 minutes to close on the 4h ,beautiful green candle, MACD diverged bullishly on the 1 hour and is about to do the same of 2,3 and 4. Looks good!
By the way, it is not a hard fork, it is sort of an update to the blockchain, lowering the amount of periodically "printed" ETC, thus increasing value.
By the way, it is not a hard fork, it is sort of an update to the blockchain, lowering the amount of periodically "printed" ETC, thus increasing value.