$ETC Ethereum Classic projection / 0.0043 BTC (+50%) March 5th
TL;DR
- I think I found a pattern, don't know if there's a name for it
- Last 3 price pumps; time cut in half between each pump and % increase from the 50 day EMA dropped by a couple %
- Based on current trend of where 50 day EMA should be, would put ETC at about 0.0043 BTC on or around March 1st, 2018
Show Your Work:
On approx. March 5th, 2017 (at block 5500000) all Ethereum Classic $ETC holders (who are storing their ETC in a wallet they control the keys for) will be receiving a 1:1 airdrop of Callisto Network Tokens $CLO.
The current price of ETC:BTC is 0.0032 and I project it to reach 0.0043 BTC by March 4th.
The last 3 large price pumps (all % increases are measured from the 50 day EMA / min. increase of 20%) were as follows;
61% on 11/29/2017
(about 45 days later) 59% on 1/14/2018
(about 30 days later) 54% on 2/14/2018 (news of CLO airdop became readily available)
(about 15 days later) 50% on 3/1/2018 - 3/4/2018 (projection)
If ETC continues to follow this pattern of;
1.) decreasing time frame, roughly by 1/2 each time, in between pumps and
2.) % increase variance from the 50 day EMA decreasing by roughly 2%-4% each pump
This would put it at approx. 0.0043 BTC, an increase of roughly 50% (based on the projected 50 day EMA at that time based on current trajectory), on or around March 1st., 2017.
Just a couple days before the scheduled $CLO Callisto airdrop.
Quite the coincidence huh?
- I think I found a pattern, don't know if there's a name for it
- Last 3 price pumps; time cut in half between each pump and % increase from the 50 day EMA dropped by a couple %
- Based on current trend of where 50 day EMA should be, would put ETC at about 0.0043 BTC on or around March 1st, 2018
Show Your Work:
On approx. March 5th, 2017 (at block 5500000) all Ethereum Classic $ETC holders (who are storing their ETC in a wallet they control the keys for) will be receiving a 1:1 airdrop of Callisto Network Tokens $CLO.
The current price of ETC:BTC is 0.0032 and I project it to reach 0.0043 BTC by March 4th.
The last 3 large price pumps (all % increases are measured from the 50 day EMA / min. increase of 20%) were as follows;
61% on 11/29/2017
(about 45 days later) 59% on 1/14/2018
(about 30 days later) 54% on 2/14/2018 (news of CLO airdop became readily available)
(about 15 days later) 50% on 3/1/2018 - 3/4/2018 (projection)
If ETC continues to follow this pattern of;
1.) decreasing time frame, roughly by 1/2 each time, in between pumps and
2.) % increase variance from the 50 day EMA decreasing by roughly 2%-4% each pump
This would put it at approx. 0.0043 BTC, an increase of roughly 50% (based on the projected 50 day EMA at that time based on current trajectory), on or around March 1st., 2017.
Just a couple days before the scheduled $CLO Callisto airdrop.
Quite the coincidence huh?
Disregard for this projection.
Looking for support there if dips first.