The_Sparrow

Short term ETC opportunity

Panjang
BINANCE:ETCBTC   Ethereum Classic / Bitcoin
Hey guys,
As we all know,next monday (6/3/18) we are going to see ETC fork,creating CLO,which will be distributed at a ratio of 1:1.
We have had a MAJOR drop for ETC in the past days,as the "investors" a.k.a. people trying to get rich quick,sold ETC in a panic,especially after Bittrex announced that it won't support tha Callisto Fork.

The guys at Binance,on the other hand,haven't said a word about this,so i am pretty sure that we will have a "surprise" announcement from them tomorrow.Keep an eye on their announcement portals ;)

From a TA standpoint,we got a nice and clean head and shoulders(right shoulder about to appear)...and now we are in a downward movement....so do DYOR carefully if you want to hold this coin on the long run.

In my view,this would be a good SHORT-TERM BUY,as the whales already cashed out on the newbies that tried to make a quick buck,the paniced and sold.

Stay tuned,and best of luck!

Penafian

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