By looking at this chart we are predicting to see this bad pattern it will short the the market for awhile if it happened, But we must take btc at our calc, cause we can see touching the bull trend (burble) and Etc has been in an up move for some time. Price has been making higher highs.
Personal vision: I am expecting ETC to continue with the current upside momentum, and I am expecting a move to at all time high region it's sensitive there,But my morality tells me to tell you these scenario too because it's a duty.
This is one I am just holding on. I expect it to hit 60 bucks by the end of May. Maybe sooner...but there is some sideways movement and retracing going on now...Of course if BTC goes north, I expect ETC to follow after this slight dip.
@svhill11, what is the value of etc after CLO snapshot..? I dont understand. Cant you point me in the right direction? Any resources?
MohsenCapital
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@Gutshot, By looking at the ETC/USD chart u have to look at etc/btc chart it's all about btc chart it has the whole volume take a look on this and follow these sensitive points 3-4..Trade Safe dude :)
asparoth
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Inverse hns on daily chart. Daytraders will have shorted but anything longer than a day should be long. Airdrop incoming and I expect many ZCL holders to bail ZCL in three days to hop onto the ETC train
MohsenCapital
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@asparoth, Traders will short this pair for a long time I think we will dive next few days forget the airdrop and look at the chart it's true short now.