ETCUSD 8h: ETC undervalued, much potential 16 > 19 > 22 > 33 USD
Imo ETC has much potential. Because ETC is the only real alternative to ETH (smart contracts). That is why ETC will live and emancipate itself from ETH. Good news will come. The restitance at 16 USD will break. I see good buying opportunity for all at the moment with a short-term target of 19/22 USD.
Let's see what happens. Happy trading. :-)
See also:
https://www.tradingview.com/chart/ETCUSDT/tixWjefL-ETCUSD-8h-Positive-Scenario-23-28-35-USD-still-possible/
https://www.tradingview.com/chart/ETCUSDT/Tw6DMLyv-ETCUSD-8h-Uptrend-might-be-firm-23-28-35-USD-expected/
Let's see what happens. Happy trading. :-)
See also:
https://www.tradingview.com/chart/ETCUSDT/tixWjefL-ETCUSD-8h-Positive-Scenario-23-28-35-USD-still-possible/
https://www.tradingview.com/chart/ETCUSDT/Tw6DMLyv-ETCUSD-8h-Uptrend-might-be-firm-23-28-35-USD-expected/
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Close up of the current situation.Note
In addition the relationship between etc and eth: we see a strong support at 0.4. we reached the bottom again. This also stimulates an uptrend.Note
on the way ...Note
:-). I'll stay on the line and keep you informedSync by honeybunny
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we reached 19. 22 possible in this wave. i ll inform.Note
maybe next wave ahead.Note
next lift upNote
imo ltc will break 22Note
rapid situation analysis. if we will see a correction re-entry at 19, otherwise 22.5 for the next wave. more maybe tomorrow.Note
In the next hours/days it will decide if we see a bull flag or a small correction down to 19 USD. I'll keep you informed. Note
just for info. re-entered at 19.Note
current of the situation. in brief: support at 19 touched. further sideways movement is expected. Note
Update. According to the trend lines, we may have reached the lowest low. A short content update: People keep asking what's the difference between eth and etc. ... here's a short answer: ETC continues to use the original chain and has remained true to its original principles. It is the second in the market, but not yet with significant differences. The only characteristic that separates ETH and ETC is therefore an ideological thing. Actually, ETC is the original and ETH is the original minus a few thousand transactions that are simply skipped. This may sound like there is only little chance of success for ETC in the market, but there is a desire emong ETH and the community not to have a "Buterin-Chain". Both use the same compiler, you can easily develop on ETH and then run it on ETC. This has the advantage that the fees are lower, the block chain is leaner and the transactions are faster. That's why ETC has in my opinion a great potential, which probably nobody is aware of. A big boost would be given to ETC if it switched to proof-of-stake before ETH.Note
update: correction completed. target still okay. Note
if the upward movement of btc continues, a further boost of etc can be expected.Note
it may sound strange, but we are still on track. we have seen strong movements in the last few days, but the basic trend has not changed. target still 32/33.Note
strong support at 13.5.Note
here is a first look at my next chart. is coming soon. we touched the deepest low. let's see where it leads. Note
ETCUSD (8h) close-up of the current situation Note
new chart published. this chart will no longer be continued and be replaced by the new one. new chart here: 
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BTCINVESTING 😃
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BTCINVESTING 😃
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BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.