ETHETC: Watch these price targets and time target
As much as I dislike ETC, the chart here shows some levels where price could reverse...as well as the time target expiration for the last rally in this pair. Overall, I am in favor of investing in Vitalik Buterin's project, so, from day 1 I didn't think ETC was a good thing to hold. The chart has proved me right thus far, but at one point, it might become a good 'Ethereum hedge' in case of a top in the rally.
This could coincide with the point when the monthly trend tops in ETHEUR, so it wouldn't surprise me if that's the case.
Just set some alerts here, and stay ready for updates. It might just keep going until the time expires, then we would need to revisit the chart and track progress and update the fundamentals.
Cheers,
Ivan Labrie.
This could coincide with the point when the monthly trend tops in ETHEUR, so it wouldn't surprise me if that's the case.
Just set some alerts here, and stay ready for updates. It might just keep going until the time expires, then we would need to revisit the chart and track progress and update the fundamentals.
Cheers,
Ivan Labrie.
Nota
This could be a top in the ETCETH ratio...
Nota
We hit the bottom in this decline in ETHETC, or a top in ETCETH apparently.Nota
Good to swap ETC for ETH, or at least reduce exposure in it, in favor of more ETH, relatively speaking.
Nota
I hope someone took my advice...Nota
s3.amazonaws.com/tradingview/snapshots/l/LYfjQtOR.pngNailed it.
Nota
This could be the floor in the ratio again.
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