SUMMARY
Back on February 28th, the below chart was posted for Ethereum Classic (ETC). Since price had been moving sideways in an alligator tooth type of volatility; the undertone of an incomplete correction was clearly noticeable. The blue WXYXZ label was used to indicate also that the correction needed more time consumption.
As of this morning, ETC has turned down after completing the second blue x wave. This current decline is likely the blue Z wave and once complete, it could provide a good potential corrective bottom level.
Here is the closeup showing the breakdown of the final blue Z wave into its subwaves, red ABC. I believe this will probably be a zigzag in wave count and if so, the final wave C needs to subdivide into fives as shown.
There is an alternate where WXYXZ corrections can form the final Z wave as a triangle. This is much more common in Cryptos than in equities and so awareness of this alternate could be helpful.
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Man this ETC is a real crap coin lately even with the airdrop
During corrections, sentiment can turn negative. It’s important to not confuse the short term trees for the longer term forest.
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I like ETC. Lower fees, same potential functionality, and can take what's learned from ETH and adopt on ETC easily
Yeh! It's much more better than BTC))
No, I disagree. Nothing comes close to the network effect of BTC.
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
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@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
So much true in this video! I have the same opinion due to @haejin analysis he making! It's VERY VERY LOW quality and with bunch mistakes both in labeling and predicting the direction!
This post is crap as well....
This chart analysis should look like this (beside I made it on 02.28):
Coins mentioned in post:
nice blog. thanks for sharing.keep it up
ETC is revisiting $19
Do you think that's a good entry point
Thanks haejin
I've had my eye on ETC, thanks for the analysis.
Don't take this analysis seriously, he's posting crap! Check this video: https://www.youtube.com/watch?time_continue=1047&v=WOp8xBkXy_4
Last warning! Anymore advertisements from you will result in downvotes. Please don’t advertise in the comments.
WTF you gonna do bring out your NUKES!!!!
@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
Thanks for pointing out the alternate common in Cryptos. That is helpful.
ETC has potential for sure. Thx for sharing insight!
Please upvote my comment
@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
Do you use metamask?
Great post. Love your analysis.
Joy
No, I have not used the metamask. As it is available for chrome, i'll try it.
Have you changed your DEPENDS lately cause your whole blog smells like SHIT!!!
@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
I'm new here. Everytime I comment I get flagged. As a minnow I don't wanna be involved. As a psychic there is a reason...get rid of the acid/sodium in your life. This could mean your diet or you are attracting acid and salt from people. I will pray you understand this. :)
Joy
Be fair in life so life
can be fair in you (get it)
I don't know if you are abusing your power but we can change anything we want if we benefit from the changes. How can change in posting. benefit you? Perhaps you could adopt minnows or make donations. Or your own coin for contests. Just trying to help AGAIN!!
Joy
I will send the post link if I can find it. People kept MEW and complained of high fees. Creation of your own coin was highlight. But was not compatible with brave browser. Hope this helps.:)
Joy
Crypto market is moving down while the Mt Gox japanese whale liquidates his bitcoins. When he is done it will move upwards. Not beforehand.
Very nice post
Callisto Airdrop actually screwed up the prices of ETC. Anyway it's gonna be a long way HODL!!
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This is why we FLAG this COCKSUCKER!!! Right @Dan?