ETC bottomed on the ETC/BTC chart, ETC/USD shows uptrend
I think ETC/ETH will bottom out soon and I will take on this long trade with a small Margin position on Kraken with a conditional take profit close +25% of my buy price
Before I take the position I will wait for ETH as it might go up faster then ETC now.
Once I think we have the buy signal I will let you know
As much as I dislike ETC, the chart here shows some levels where price could reverse...as well as the time target expiration for the last rally in this pair. Overall, I am in favor of investing in Vitalik Buterin's project, so, from day 1 I didn't think ETC was a good thing to hold. The chart has proved me right thus far, but at one point, it might become a good...
2017 is setting up to be a great year for Bitcoin and Altcoins!
I pointed out in early Jan 2017 that the 2 big plays of 2017 would be $ZECBTC and $ETCBTC, and that I don't see this happening until somewhere Mid-2017.
More recently, I expressed that ETC has the potential to outperform ETH.
twitter.com
Not taking any position just yet.
Otherwise, consider a...
We can see here engulfing candle which established resistance for further losses. Engulfing candle alone is not a strong trend reversal signal but with round number (which seems to be much respected by crypto community) could be good point to enter with long position. It is possible that if price go north it will find strong selling pressure around GAP which is...
Daily Chart lining up for a possible reversal as altcoins gain more and more momemtum with bitcoin staggering around $1,000. Expecting a move very soon to provide more insight on the future direction of the trend. Watching for a break above .05 - .08. Watch those fibonacci levels since the market loves to hit those magic levels.
Watching for a wave continuation higher. This has yet to see any of the action from recent Ethereum volume. Reminds me of XRPXBT @ .00000450
coinmarketcap.com
the chart has all my thoughts on it. in a nutshell, the coming launch of the Greyscale Trust and decent TA seems to point to ETC getting ready to challenge ETH in 2017/18.
