If something happens, why shouldn't it happen again? If something happens twice, why shouldn't it happen again? Take a look at this...
We saw the price moving up at the end of december. It breaks down and created a nice double bottom at the beginning of this year. Then it shoots up and when it reaches all time high, it broke down again.
It bounces back up before it went down again and forms a new double bottom. After that, it shoots up again and ends at a new all time high. Again it broke down all the way to the heavy support at $22.00. And guess what... It bounces back up, falls down again and there is the double bottom again.Something inside me says that it will reach new highs within the next 2 weeks.
Keep in mind that the Callisto sidechain will be released somewhere around the 5th of march(block 5.500.000). ETC owners will receive CLO coins in a 1:1 ratio. This will most likely push the price even further up.
I wouldn't recommend you to follow my ideas. This is only how I see the market. Always make your own trading plans!
Greets and happy trading...
We saw the price moving up at the end of december. It breaks down and created a nice double bottom at the beginning of this year. Then it shoots up and when it reaches all time high, it broke down again.
It bounces back up before it went down again and forms a new double bottom. After that, it shoots up again and ends at a new all time high. Again it broke down all the way to the heavy support at $22.00. And guess what... It bounces back up, falls down again and there is the double bottom again.Something inside me says that it will reach new highs within the next 2 weeks.
Keep in mind that the Callisto sidechain will be released somewhere around the 5th of march(block 5.500.000). ETC owners will receive CLO coins in a 1:1 ratio. This will most likely push the price even further up.
I wouldn't recommend you to follow my ideas. This is only how I see the market. Always make your own trading plans!
Greets and happy trading...