Ether Classic (ETC) Descending pattern, another rally possible.

2018년 8월 7일

ETC is now in a descending channel. I would be wary about trading this coin since Tron basically had the exact same thing happen to it. If we keep on getting lower and lower highs it means the trend will be down.

Therefore, if you hold ETC, I would recommend getting rid of it for the best price possible. We could be getting another rally to 2600+, so if that does happen, consider selling your position.

I know many of you held ETC due to the hype and fomo, but the pattern shown is like every other altcoin pump during Jan, where it peaks then drops for the next few candles.

This was my private ETC chart after the pump last night. I'll admit I missed out on quite a bit of gains, but it felt to dangerous for me to enter. We were getting drops of 2% in around 5 minutes.

Thanks for viewing. If any of you would like to get my private charts, please update me and I will share them all with you. This is an example of a ZRX and SNM trades I did just now:

2018년 8월 7일

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BTC dropped again

2018년 8월 7일

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ETC still doing really well

2018년 8월 7일

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Evening star

2018년 8월 8일

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Drop happened as expected. Target is 2300

2018년 8월 8일

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Expecting another drop

2018년 8월 8일

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Going to be hard to break red cloud in this market.

2018년 8월 9일

거래청산: 타겟 닿음

We reached target at 2300, sell right now. I managed a 3.5%