Hello our dear crypto family.
Not expected gains on ETC? Impatient?
Let's take a look closer basing on technical analysis first.
Market is ranging - we made 25% profit since mid April
Volume Weighted Average - very useful indicator to be combined always with Simple Moving Average - VWA is above SMA which is healthy and
positive. Price chart is above them...
As you can see here in the weekly chart for the past four weeks, we are having green candles which means that ETC has found its bottom @ 200k satoshis. Once it breaks the major trend line it will go up and retest the resistance @ 360k satoshis. Stoch RSI and MACD are also supporting our analysis by showing us bullish signals. The daily chart is also trying to make...
Very nice channel, looks like we found support at 0.236 fib level, i also noticed that etc is dipping on every bitcoin sell and bitcoin is just about to touch first support at $9200-$8800 (0.236 fib) so we may expect a bounce and further upward movments on both btc and etc vs btc. RSI and MACD very bullish. There is also a chance that bitcoin will drop below...
Etc
Buy @ 228k
Sell @ 300k, 480k , 580k
profit so far @ 11%, HODL for more profits!!
Upcoming projects:
2x HardFork
ETH and full Internet-of-Things compatibility
release of mobile wallet
SDK release
JIT compilation and EVM upgrade
Hot coin to watch!!! And daily chart is undervalued too...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 24.90% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Rency.com Ratings & Analytics Adds Ethereum Classic...
