Pick your color (ETC)
Atualizado
This is not really a prediction (those rarely work out as illustrated anyways, hence the number of arrows here :D) but more of an actual 'idea'. This is how I started to look at ETC a couple of days ago (when I initially painted that red zone) : a straight line + random noise for roughly 1+/-0.5 day, then a clear-cut jump to the next level, and repeat...
Of course, no recurring pattern like this could lasts forever (especially if it's accelerating). But I love how this initial intuition proved to be a decent prediction so far.
I leave this publication at neutral because a deep breath is certainly possible (but I would consider it healthy unless it falls below the yellow zone or curable as long the red zone holds) but I expect at least one more pump to a higher level (might even in a true "the sky is the limit" parabola style where the sky is roughly 0.5*ETH, although that kind of ETC behavior would probably occur along with a declining ETH price , so adjust that sky accordingly).
Of course, an ETH=ETC kiss would be the "ultimate ponzi trolling" (which ETH has been known about so far, so... why not?).
P.S.: Thank you all who called me autistic based on my opinions on the hardfork before ETC happened. :)
Of course, no recurring pattern like this could lasts forever (especially if it's accelerating). But I love how this initial intuition proved to be a decent prediction so far.
I leave this publication at neutral because a deep breath is certainly possible (but I would consider it healthy unless it falls below the yellow zone or curable as long the red zone holds) but I expect at least one more pump to a higher level (might even in a true "the sky is the limit" parabola style where the sky is roughly 0.5*ETH, although that kind of ETC behavior would probably occur along with a declining ETH price , so adjust that sky accordingly).
Of course, an ETH=ETC kiss would be the "ultimate ponzi trolling" (which ETH has been known about so far, so... why not?).
P.S.: Thank you all who called me autistic based on my opinions on the hardfork before ETC happened. :)
Trade ativo
It's getting more violent and noisy, thus more risky.Let's see it ETH will be kind enough to break down from it's old triangle which it recently re-entered. ETC might reach yet another level then (I will paint that red and call it extremely noisy and risky = I am planning on it). :)
Nota
ETH probably hit a local bottom, so ETC might slow down for a while (which would probably be a great idea for it regardless).s3.amazonaws.com/tradingview/snapshots/y/YxXYCq6C.png
Trade fechado: objetivo atingido
ETH looks like it reached it's bottom (I bought in at 0.0141).And ETC look like it could use some break (although I would not suggest shorting it, just close any leveraged long for now and don't "fomo buy" into any more spikes up because that might be the very last spike up before some bigger decline -> this is up to quick revisions though since it's very young and dynamic).
My old arrow point got hit. :)
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