EthereumClassic(ETC) Update : Viewpoint of Apex pattern.
As like as other altcoins, ETC is on a tough price trip. During in few months of declining, the price tried to rise in a while but it soon turn to downtrend again. In this confusion, I have assumed several scenarios for future trend of ETC. And today I suggest a scenario, 'Viewpoint in Apex pattern'.
In this 'Viewpoint in Apex pattern' scenario, ETC is on a 'c' wave. I think the 'c' wave is not completed, and ETC price can go lower lows in a few days. When the price approaches the 'c' point, the MACD line will start curving up.
The important thing in this scenario is that the price trip can be more boring than you think. The chart calculates ETC price trips per day per candle. And the 'e' point at which Apex is expected to end (where the new trend starts) is about the end of June. Given the amplitude is getting smaller, a change in price for about three months may not meet your expectations.
In this 'Viewpoint in Apex pattern' scenario, ETC is on a 'c' wave. I think the 'c' wave is not completed, and ETC price can go lower lows in a few days. When the price approaches the 'c' point, the MACD line will start curving up.
The important thing in this scenario is that the price trip can be more boring than you think. The chart calculates ETC price trips per day per candle. And the 'e' point at which Apex is expected to end (where the new trend starts) is about the end of June. Given the amplitude is getting smaller, a change in price for about three months may not meet your expectations.
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