Since the last Report, that was published before the Libra announcement, things changed, and market pushed higher.
However, we still hitting a major price juncture, and a $2.5k price dump in BTC has shown that. However, alts held reasonably well, so what happens next?
I am not sure who is buying at these levels now, but those people must have deep pockets....
Ethereum Classic caught my attention when I discovered Graystone’s ETCG product a few weeks ago. I thought this chain was basically dead, but it looks like there’s quite a bit of work going on with the project.
Read - finance.yahoo.com
Still need to read up on the MET currency, but...
ETH and ETC will be use to build the blockchain city in Arizona.
The guy already spent more than 250 millions of his own money.
He partner with the biggest name in the crypto underworld already worth multi-billions, ariba.com , SAP, etc.
Both of them do almost the same thing and use the same programming language called : Solidity.
This is why 25% of the ALT...
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As here, ETC/USD is creating a bounce back. This signals a bullish trend pattern after the bounce back on the support line, it is expected to meet up the Target Area.
It means a...
ETC is the farthest below the 30 MA that it has been in over a year. The RSI is the most oversold it has been in over a year. The stochasic RSI is saying the momentum is still bearish at the moment, but it in prime position for a reversal in the near future. I am expecting a bounce to test the 30 MA in the near future at a price 20-30% higher than it is now.
We have a beautiful 5 wave structure building contained within the channel. We are in the 4th wave and likely close to completion, assuming that the correction will be shallow because wave2 correction was deep
I have 2 possible targets for wave5 in the chart, the larger one expects the price to breakout of the channel.
Invalidation of this setup is price going...