ETC Dev announced shutdown. The majority thinks ETC is DEAD, going to ZERO. Strong NEGATIVE WORDS. Buy the FUD and Sell the FOMO? Well, this is what FUD looks like. Downside: It could go to ZERO. Upside: It could be trading around $100 in a few month's time. YOUR CALL.
Unfortunately for permabulls, I called it back on September 12, 2018. ETCUSD would hit 3.20's.
With more data, and the current market climate, it's very possible we will see ETCUSD at the $2.50 range (maybe even lower).
We're currently on the Y wave of an WXY correction, which may end up continuing as a WXYXZ correction.
Prices and zones I am watching out for ...
Included link to a CCI30 chart analysis. As you can see, we just a very nice ABC pattern and touching 2015 support trend line. Don;t be surprise we will have rallies up now. We might have some ABC patterns now, but overall the price will be less volatile and will eventually will get out of the channel, that is when everyone will pile in, and we will repeat the ...
Take look at this 62% wick to the upside on ETC ...This was price manipulation at it finest ,any short above 2x got liqudiated . Now you have been warned many times about tether and bitfinex this is another sign they are complete scam and soon will be shut down . These people should be in jail ,counting jail bars not your account money .You have been warned !
All three 8.500, 8.000 and 7.700 targets have been accomplished after the violent push lower on 1D (RSI = 13.637) that even broke the 1W Falling Wedge formation (STOCHRSI= 0.000, Williams = -95.695). The price reached levels that we haven't seen since May 2017. Right now the monthly SMA100 calls for 3.4325 where MACD = 0.853 may support. Our long term shorting ...
Here we have ETCUSD 4H chart.
Previously in the last idea about ETC we said that we have a launch and determined the TPS and we have TP till 19$ you can check it here below:
Now let's look at the bearish ascending wedge. Note that the top trendline is rising. Additionally the bottom ...
So I made the mistake of jumping in ETC, but failed to jump out thinking it would go to five bucks again (Boy did I learn lol). After looking closer, I see the next bounce will happen at the 3.90 to 3.80 mark. I if you look at the chart, when the price falls, it falls 30 to 40 cents before the bounce. If you are looking to make a bit of coin on this ...
Entered into a short at 4.94 when price began to break down. Will be moving stop loss right below entry to lock in profits if price decides to reverse. Other than that though guys, this drop is working out perfectly!
Hi friends, I am looking for ETC now, Classic no move yet, so thats why is there big opportunity catch some profit.
On chart we can see falling wedge, we see that there is two possible way out, way up, its about few days or we can look on big support aroud 8,5-8,3usd. this is very solid price.
I will be update it.
If you like ...