Smart money accumulating before Callisto airdrop not because they want some worthless (low value) free coin but because they know this is the last time they are going to see such prices. I hope this airdrop proves to be a catalyst to bring ETC to the spotlight so people can see what the team is up to, what they have achieved so far and whether ETC deserves more...
Wait for it. The price will come down to test $9500. Bounce could be quick, which is why it's good practice to use small orders, buy in parts all the way down.
Smart accumulation, dollar cost averaging and then sensibly holding to lock in some gains after the airdrop and then buying again and preparing for the next set of bull runs is the name of the game here. ETC is still massively undervalued. We are betting on a transformation in market perception and acceptance of ETC over the next couple of months. I like my odds.
BTC went straight up to the resistance and was pushed away. It has now regained strength in a head and shoulders formation and is headed back towards the resistance. This time it will likely push past the resistance and continue towards $12,000 breaking out of the bearish channel.
ETC poised for another bull run, head and shoulders formation indicating more upside.
About to break out of the wedge most likely to the upside for another bull run.
So, we are in quite a pickle here with BTC facing life or death in the form of two scenarios. Scenario A: BTC exits the bearish channel and enters a new bullish channel and the overall positive sentiment is restored. Scenario B: BTC bounces back inside the bearish channel and continues to go down and the overall negative sentiment prevails....
I didn't know I'd ever thank the whales. I have to thank them today for pumping the price to break off the bear trend. Why wouldn't they? They own most of the BTC and their business depends on it. They don't want it following a long term bear trend. That would be good for the banks but these guys would then be out of business. Fortunately for us, it isn't up to...
Strong buy interest. Nobody wants to miss out on free Callisto. $200+ by March 5 (Airdrop)
Step 1: Create negative overall sentiment. Step 2: Dump a little periodically to scare weak hands. Step 3: Buy those dips. Step 4: Rinse and repeat.
The bullish momentum is clear but whales and big money know that there are a lot of first time investors who they can scare off with their old tricks. So, they'll scare you into selling your BTC cheap to them so they can fill their big orders. It's an old tactic that investment banks have been using for ages and it always works on weak hands and amateur investors....
If history is any indicator, we have seen extremely high levels of interest prior to an airdrop because everybody wants free coins! The recent airdrop was that of NXT coin. The price surged an astronomical 2500%+ almost 33 times its value and made new highs. I have put the price charts for ETC and NXT alongside to compare price rally leading to the airdrop by...
I expect some serious interest before the Callisto airdrop which will drive prices upwards of $200 most likely. However, it may drop soon afterwards as people take profit. Having said that, I think this will bring ETC to the limelight and I expect it to be listed on Coinbase soon after the airdrop. My prediction for ETC for 2018 is $500. I know some of you might...
Seems like a good sell setup but I would exercise serious caution here and watch price action before I go short. This is a monthly play so a lot of patience is required but the risk/reward is completely worth it.
A clear head and shoulders formation can be seen on the daily chart for ETC. This indicates an upcoming bull run in a few days time which could drive the price upwards of $40. For more info on Ethereum Classic, check my previous posts to find why I'm such a big ETC believer and why I think it is massively undervalued and could reach $500 by the end of the year....
Things could move a lot quicker than that. Start buying now. If it reaches $30, dump all altcoins and buy this. If you missed the BTC, ETH, XRP, LTC or DASH train, this is your chance to get even. Of course if you miss it now, you'll be buying it later but not at this price. Take it from me, I have bought ETH at $70 and $1000. Sometimes I think it's insane! I...