Long

Ethereum Classic -- Long Term Bullish Outlook

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This chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur.

There is also a falling wedge on the ETCETH chart, indicating lower selling pressure.

Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will always be the real, immutable, and original Ethereum.

Commento

Let's see if we get to 0.0384. That's next stop.

Commento

Drew the fib levels starting at lowest support. This idea can fail if we break green trend line and go below supports. We'll see what happens.

Commento

By the way, my opinion on coinbase is that it won't pump ETC much, if any.

Binance, for example, already has made a trade pair with USDT.

I think the coinbase hype is priced in, and when ETC goes on coinbase we get a massive sell off instead.

Commento

If my chart doesn't play out, ETC is still a decent hold for this bear market since we're near lows on ETCBTC.

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Oh, well, I tried being optimistic. I am still holding. I don't care. We will probably visit 0.032 now. Long term I still believe.

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We could have a really strong 2-3 wave this time around. ETC IS A HODL.

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Break 0.045 and anything can really happen. It may result in a parabolic move.

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Very strange place to see resistance, nothing really of significance in terms of previous resistance. I think it could continue going up, just have to get through the sell off.

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I feel like we get a bounce soon, maybe at the neckline, not sure though.

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Haven't updated this idea in a while:

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Let's see if it's a double top, or more of an attempt to break previous level. Either way, I am holding ETC long term.

Commento

I think ETCETH will go above 0.05.

Only problem is ETH not doing so well, so in terms of USD things ain't great.

UnknownUnicorn1000353

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