Long

Ethereum Classic -- Long Term Bullish Outlook

Updated

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.

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

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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.

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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.

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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.

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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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