ETC has not shown itself yet. Soon it will show everyone what it is capable of. Mining will once again become profitable thanks to ETC, and then the most interesting part will begin. In tandem with ETH, they will create history.
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RB87
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Bullish$ETC : Is the spring compressing? ๐
While the entire market is frozen in anticipation of the year's end, Ethereum Classic has formed a classic reversal pattern.
๐ What do we see: Price $12.26. The zone $11.50 turned out to be a "concrete" support that the bears couldn't break through.
๐ What do we expect: The fear index is at a minimum, the asset is heavily oversold. If we close the week above $13, we are in for a powerful "Santa Claus rally" to levels $14.50 - $15.00.
Why is this important? ETC often spikes at moments when liquidity flows from major assets into old, proven PoW projects.
๐ฏ Target 1: $13.00
๐ฏ Target 2: $13.84
๐ก Stop: $11.40
While the entire market is frozen in anticipation of the year's end, Ethereum Classic has formed a classic reversal pattern.
๐ What do we see: Price $12.26. The zone $11.50 turned out to be a "concrete" support that the bears couldn't break through.
๐ What do we expect: The fear index is at a minimum, the asset is heavily oversold. If we close the week above $13, we are in for a powerful "Santa Claus rally" to levels $14.50 - $15.00.
Why is this important? ETC often spikes at moments when liquidity flows from major assets into old, proven PoW projects.
๐ฏ Target 1: $13.00
๐ฏ Target 2: $13.84
๐ก Stop: $11.40