ETC ready to outperform Bitcoin again? Target 26/27

11 Mac 2018

The last few months ETC had outperformed BTC very clearly, showing a big interest of certain buyers. OMG has the same, even better picture. ETC had made a big drop the last week, now it has made a bullish wedge, it could drop out below, and crash further, but my guess is that Bitcoin will go up towards 10.000, triggering this wedge of ETC and where it once again outperform BTC. It's a risky trade, because my medium term outlook for the crypto market is bearish, but i just expect another wave up, and this coin provides a very nice opportunity to go long.

12 Mac 2018

Nota

If we zoom in, we can see it already broke out slightly, but there is no volume confirming it. It should break the 22.50 to be convincing it could go to the 26/27

12 Mac 2018

Nota

There you have it, the low volume almost destroying this bullish wedge. It's still above the wedge, but i give it 25% change it will go higher.

14 Mac 2018

Nota

Here is the confirmation, the low volume of the (fake) breakout was predicting this. Volume is not a number, it shows how much conviction there is to go higher